Real Estate Math
A Washington listing sold at $745,000. The broker's 5.5% commission was split 55% listing, 45% co-op. The co-op broker earned:
A$18,436✓ Correct
B$18,475
C$18,497
D$18,448
Explanation
Total commission = $745,000 × 5.5% = $40,975. Co-op share = $40,975 × 45% = $18,438.75 ≈ $18,439. To solve this, multiply the relevant values: $745,000 at 5.5%.. The correct answer is $18,436.. This is a common calculation on the Washington real estate exam.
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