Real Estate Math
An Oregon broker's compensation is 6% of the sale price, split 55/45 between listing broker and selling broker. The property sold for $465,000. How much does the selling broker receive?
A$12,555✓ Correct
B$15,345
C$13,950
D$14,715
Explanation
Total commission: $465,000 × 0.06 = $27,900.
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