Real Estate Math
A Nebraska listing expired December 31. The broker is entitled to a commission if a sale occurs within the protection period to a buyer who was first shown the property during the listing. The listing was for 6% on a $290,000 sale. The commission is:
A$17,400✓ Correct
B$14,500
C$11,600
D$8,700
Explanation
Commission = $290,000 × 6% = $17,400. To solve this, multiply the relevant values: $290,000 at 6%..
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