Real Estate Math
A Nevada seller agrees to pay a 5.5% commission on a $485,000 sale. The listing broker and selling broker split the commission 60/40. How much does the selling broker receive?
A$10,670
B$16,005✓ Correct
C$26,675
D$10,010
Explanation
Total commission = $485,000 × 5.5% = $26,675.
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