Real Estate MathCommission_calculationsEASY
A property sells for $300,000 with a 6% commission split equally between the listing broker and the selling broker. The listing agent receives 60% of the listing broker's share. How much does the listing agent earn?
Correct Answer
D) $5,400
Step 1: total commission = $300,000 × 6% = $18,000. Step 2: listing broker's half = $18,000 × 50% = $9,000. Step 3: listing agent's share = $9,000 × 60% = $5,400.
Answer Options
A
$90,000B
$9,000C
$10,800D
$5,400Why This Is the Correct Answer
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Why the Other Options Are Wrong
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Deep Analysis of This Real Estate Math Question
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Background Knowledge for Real Estate Math
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Real World Application in Real Estate Math
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Key Terms:
commission_calculationscommissionagent_splitbrokerage_math
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