A home sells for $425,000 with a 6% commission split equally between listing and selling brokers. The selling agent receives 60% of their broker's commission. How much does the selling agent receive?
Correct Answer
A) $7,650
Correct: Total commission = $425,000 × 6% = $25,500. Selling broker's share = $25,500 ÷ 2 = $12,750. Selling agent's share = $12,750 × 60% = $7,650. Why not B: This is the full broker's commission, not the agent's 60% share. Why not C: This is the broker's share before the agent's split. Why not D: This represents an incorrect percentage calculation.
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