Real Estate Math
A property sold for $325,000. The listing agent's brokerage receives 3% and the buyer's agent's brokerage receives 3% of the sales price. Each broker keeps 50% and pays 50% to their agent. How much does the listing agent receive?
A$4,875✓ Correct
B$9,750
C$19,500
D$6,500
Explanation
Total commission = $325,000 × 6% = $19,500. Each brokerage receives $9,750. The listing agent receives 50% of $9,750 = $4,875.
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