Washington Real Estate Broker Exam — All Questions

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1 questions

Real Estate Calculations

A salesperson earns 60% of a 3% commission on a $400,000 sale. How much does the salesperson receive?

  • a.$12,000
  • b.$4,800
  • c.$7,200✓
  • d.$2,400

The brokerage commission is $400,000 x 3% = $12,000. The salesperson's 60% share is $12,000 x 0.60 = $7,200.

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