Real Estate Math
A Nevada broker earns a 6% commission on a $425,000 sale and splits it 50/50 with the buyer's agent's brokerage. Each brokerage then pays their agent 70% of the brokerage's share. How much does the listing agent earn?
A$25,500
B$8,925✓ Correct
C$12,750
D$17,850
Explanation
Total commission = $425,000 × 0.06 = $25,500.
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