Real Estate Math
A broker earns a 6% commission on a $310,000 sale. The split is 60% to listing broker and 40% to buyer's broker. How much does the listing broker's side receive?
A$11,160✓ Correct
B$18,600
C$7,440
D$6,000
Explanation
Total commission = $310,000 × 0.06 = $18,600. Listing broker's share = $18,600 × 0.60 = $11,160. To solve this, multiply the relevant values: $310,000 at 6%.. The correct answer is $11,160.. This is a common calculation on the Oregon real estate exam.
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