Real Estate Math
A Wyoming agent's commission is 6% of the sale price. The agent represents the buyer. The sale price is $195,000. The commission is split 50/50 between the listing and selling brokerages. The selling agent receives 60% of the selling side commission from their broker. How much does the selling agent receive?
A$3,510✓ Correct
B$5,850
C$11,700
D$2,925
Explanation
Total commission = $195,000 × 6% = $11,700. Selling brokerage's share = $11,700 ÷ 2 = $5,850.
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