Real Estate Math
A Texas sales agent sold a home for $520,000. The total commission was 6%, split 50/50 between listing and buyer's broker. If the listing agent receives 55% of their broker's portion, how much does the listing agent earn?
A$8,580✓ Correct
B$9,100
C$15,600
D$8,190
Explanation
Total commission = $520,000 × 0.06 = $31,200. Listing broker's half = $15,600. Listing agent = $15,600 × 0.55 = $8,580.
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