Real Estate Math
A Washington broker earns a 6% commission on a $425,000 sale and splits 45% to the buyer's broker. How much does the listing broker retain?
A$11,475
B$13,974
C$14,025✓ Correct
D$25,500
Explanation
Total commission = $425,000 × 6% = $25,500. Buyer's broker share = $25,500 × 45% = $11,475.
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