Real Estate Math
A broker in NC negotiates a listing for $450,000 and the home sells at full price. The 6% commission is shared 50/50 between listing and selling firms. Each firm's broker receives 70% of their firm's share. Each broker earns:
A$9,450✓ Correct
B$13,500
C$18,900
D$7,560
Explanation
Total commission = $450,000 x 0.06 = $27,000.
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