Real Estate Math
A Nevada property sells for $750,000 with a 6% total commission. The listing broker retains 3% and the selling broker receives 3%. If each selling agent gets 60% of their broker's share, how much does the selling agent receive?
A$13,500✓ Correct
B$22,500
C$9,000
D$11,250
Explanation
Total commission = 6% x $750,000 = $45,000. Selling broker's 3% = $22,500.
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