Real Estate Math
A Wyoming broker splits a 6% commission 50/50 with the selling broker. The selling salesperson receives 65% of the selling broker's portion. If the property sold for $360,000, how much does the selling salesperson earn?
A$6,048
B$7,020✓ Correct
C$10,800
D$21,600
Explanation
Total commission = $360,000 x 6% = $21,600. Selling broker's 50% = $10,800.
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