Real Estate Math
A South Carolina agent earns a 3% buyer's agent commission on a $425,000 sale. The agent splits 60/40 with their broker (agent gets 60%). What does the agent receive?
A$7,650✓ Correct
B$5,100
C$12,750
D$6,375
Explanation
Total commission = $425,000 × 3% = $12,750. Agent's share = $12,750 × 60% = $7,650.
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