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A property was sold for $200,000. The total commission for the transaction was 6%. The listing broker and buyer's broker agreed to split the commission 50/50. If the buyer's broker's real estate agent was responsible for the sale of the property and receives a 65/35 split with his broker, how much commission is paid to the real estate agent?

Respuesta :

Answer:

$3,900

Explanation:

The computation of the commission paid to the real estate agent is shown below:

= Sale value of the property × total commission percentage × split percentage × split ratio

= $200,000 × 6% × 50% × 65%

= $3,900

We simply multiplied the sale value of the property with the total commission percentage with the split percentage and the split ratio so that the commission should be paid