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Real Estate MathCommissionMEDIUM

A home you listed sells for $400,000. Your broker receives 6% and you receive 45% of their check. How much do you receive?

Correct Answer

A) $10,800.00

Broker's commission = $400,000 × 0.06 = $24,000. Your share = $24,000 × 0.45 = $10,800

Answer Options
A
$10,800.00
B
$11,000.00
C
$18,000.00
D
$24,000.00
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