Real Estate Math
A Vermont listing agent charges a 6% commission on a sale of $310,000. If the broker splits the commission 50/50 with the cooperating broker, and the listing salesperson receives 60% of the listing broker's half, how much does the listing salesperson earn?
A$5,580✓ Correct
B$9,300
C$18,600
D$11,160
Explanation
Total commission = 6% x $310,000 = $18,600. Listing broker's half = $9,300.
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