Real Estate Math
A Missouri agent earns a 6% commission split 50/50 with the cooperating broker. The agent retains 65% of their broker's share. The property sold for $248,000. What does the agent earn?
A$4,836✓ Correct
B$7,440
C$9,672
D$14,880
Explanation
Total commission = $248,000 × 6% = $14,880. Each broker's share = $7,440. Agent earns 65% of $7,440 = $4,836.
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