Real Estate Math
A buyer's agent in Oklahoma earns 3% of the $298,000 sale price. After paying a 20% desk fee to their broker, what does the agent net?
A$5,960
B$7,152✓ Correct
C$8,940
D$6,500
Explanation
Agent's gross commission = $298,000 x 3% = $8,940. Desk fee = $8,940 x 20% = $1,788.
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