Real Estate Math
A Wisconsin property sold for $550,000 with a 5% commission. The listing broker and buyer's broker split it 50/50. Each agent within the listing office earns 65% of the office share. How much does the listing agent earn?
A$8,937.50✓ Correct
B$8,975.00
C$8,938.00
D$9,000.00
Explanation
Total commission = $27,500. Listing office share = $13,750.
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