A property sells for $280,000 with a 6.5% total commission split equally between listing and selling brokers. The listing broker has a 65/35 split with their sales associate (65% to associate). The selling broker has a 50/50 split. How much more does the listing sales associate receive compared to the selling sales associate?
Correct Answer
A) $1,365
Total commission = $280,000 × 0.065 = $18,200. Each broker gets $9,100. Listing associate gets $9,100 × 0.65 = $5,915. Selling associate gets $9,100 × 0.50 = $4,550. Difference = $5,915 - $4,550 = $1,365. Option B is incorrect (double the difference). Option C is incorrect (wrong calculation). Option D is incorrect (listing associate's total amount).
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