Real Estate Math
A Wisconsin broker receives a total commission of $22,500. The listing agent receives 35%, the listing broker retains 15%, and the buyer's agent's broker receives the remaining 50%. The buyer's agent earns 55% of their broker's share. How much does the buyer's agent earn?
A$5,906.25
B$6,187.50✓ Correct
C$7,875.00
D$6,750.00
Explanation
Buyer's broker's share = $22,500 × 50% = $11,250. Buyer's agent = $11,250 × 55% = $6,187.50. To solve this, multiply the relevant values: $22,500 at 35%.. The correct answer is $6,187.50.. This is a common calculation on the Wisconsin real estate exam.
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