Real Estate Math
A property is listed for $450,000. The buyer offers $430,000, and the seller counters at $441,000. The buyer accepts. What commission does the listing broker earn on a 6% full commission split 50/50 with the buyer's broker?
A$13,230✓ Correct
B$26,460
C$12,900
D$25,800
Explanation
Sale price: $441,000. Total 6% commission: $441,000 × 0.06 = $26,460. Listing broker's 50% share: $26,460 ÷ 2 = $13,230.
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