Real Estate Math
An Oregon property sells for $525,000. The seller agrees to pay 3% to the buyer's broker. How much does the buyer's broker receive?
A$15,750✓ Correct
B$157,500
C$5,250
D$1,575
Explanation
Buyer's broker compensation = $525,000 × 0.03 = $15,750. To solve this, multiply the relevant values: $525,000 at 3%.. The correct answer is $15,750.. This is a common calculation on the Oregon real estate exam.
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