Real Estate Math
A seller's home sold for $315,000. The listing brokerage receives 3.2% and the selling brokerage receives 2.8%. How much does the selling brokerage receive?
A$10,080
B$8,820✓ Correct
C$18,900
D$9,450
Explanation
Selling brokerage commission = $315,000 × 2.8% = $8,820.
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