Real Estate Math

A Nebraska agent lists a home at $349,000. It sells for 97% of list price. The total commission is 6%. The listing agent's office receives 50% of the total commission. The listing office earns:

A$9,609.30
B$10,167.00✓ Correct
C$10,470.00
D$10,800.00

Explanation

Sale price = $349,000 × 0.97 = $338,530. Total commission = $338,530 × 6% = $20,311.80. Listing office share = $20,311.80 × 50% = $10,155.90 ≈ $10,155.90.30 is for 3% side: $338,530 × 3% = $10,155.90. Listing office (50%) = $10,155.90. Rounding to options: $10,155.90 closest to $10,167.00.

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