Real Estate Math
A home is listed for $260,000 and sells for $248,000. The total commission is 6%, split 50/50 between listing and buyer's broker. If the listing agent earns 55% of their broker's half, what does the listing agent earn?
A$4,092✓ Correct
B$4,464
C$7,440
D$8,184
Explanation
Sale price: $248,000. Total commission: $248,000 × 0.
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