Real Estate Math
A commercial property sells for $1.8 million with a 1.5% buyer's agent commission and 1.5% listing agent commission. Both agents split 60/40 with their respective brokers (agents get 60%). How much does the buyer's agent receive?
A$27,000
B$16,200✓ Correct
C$10,800
D$32,400
Explanation
Buyer's agent commission pool: $1,800,000 x 1.5% = $27,000.
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