Real Estate Math
A Missouri home appraised at $325,000 is sold. The 6% commission is split 60% listing / 40% selling. The selling agent gets 70% of their broker's share. How much does the selling agent earn?
A$5,460✓ Correct
B$7,800
C$5,040
D$6,500
Explanation
Total commission = $325,000 × 6% = $19,500. Selling broker share = $19,500 × 40% = $7,800.
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