Real Estate Math
A NH buyer makes an offer of $355,000 on a home listed at $379,000. The seller accepts a counteroffer of $365,000. The listing broker's 6% commission is based on the actual sale price. What commission does the listing broker earn?
A$21,300
B$21,900✓ Correct
C$22,740
D$19,500
Explanation
Commission = 6% × actual sale price = 6% × $365,000 = $21,900. To solve this, multiply the relevant values: $355,000 and $379,000 at 6%..
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