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Real Estate MathCommission CalculationsMEDIUM

$420,000 sale, 3%/2.5%. Selling agent 65/35:

Correct Answer

B) $6,825

Selling broker = $420,000 × 0.025 = $10,500. Agent = $10,500 × 0.65 = $6,825.

Answer Options
A
$5,460
B
$6,825
C
$7,350
D
$10,500

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Related Topics & Key Terms

Related Topics:

commission

Key Terms:

commission$6,825
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