Real Estate MathCommission_calculationsEASY
A property sells for $380,000 at a commission rate of 5.5%. What is the total commission?
Correct Answer
C) $20,900
Use the commission formula: $380,000 × 5.5% = $20,900. That is the total commission paid from the sale proceeds.
Answer Options
A
$209B
$10,450C
$20,900D
$24,700Why 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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Related Topics & Key Terms
Key Terms:
commission_calculationscommissiontotal_commissionbrokerage_math
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