Real Estate Math
A Massachusetts broker's listing sells for $590,000. The 6% commission is split 50/50 between the listing and buyer's brokerages. Each broker keeps 70% and pays their agent 30%. How much does the listing agent earn?
A$5,310✓ Correct
B$10,620
C$17,700
D$35,400
Explanation
Total commission = $590,000 × 6% = $35,400. Each brokerage receives $17,700.
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