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Brokerage Activities ProceduresCommission_and_compensationHARD

During a compensation audit in Tampa, a sales associate is entitled to 60% of the brokerage's side of the commission. The property sold for $360,000, the total commission was 6.00%, and the brokerage earned 50% of the total commission. What is the associate's share?

Correct Answer

D) $6,480

Find the brokerage's side first, then apply the associate split: $360,000 × 6.00% × 50% × 60% = $6,480. Florida practice channels compensation through the broker.

Answer Options
A
$10,800
B
$12,960
C
$7,230
D
$6,480

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Key Terms:

floridastate_portioncommission_and_compensationbrokerage_activities_proceduresmath
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