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During a listing agreement, a 6% commission is established. The house sells for $450,000. What is the commission?

Correct Answer

B) $27,000.00

Commission = $450,000 × 0.06 = $27,000

Answer Options
A
$4,500.00
B
$27,000.00
C
$45,000.00
D
$270,000.00
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Related Topics & Key Terms

Related Topics:

commission-splitsnet-proceeds-calculationlisting-agreements

Key Terms:

commission calculationsales pricecommission ratereal estate mathlisting agreement
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