Practice & ContractsPregunta 105 de 120
A home sells for $500,000 at a 6% total commission. If the listing and selling brokers split it equally, each brokerage receives:
a.$15,000
b.$18,000
c.$30,000
d.$7,500
Explicación
The total commission is 6 percent of $500,000, which is $30,000, and an equal split gives each brokerage $15,000. Commission is calculated on the final sale price. The split between listing and selling sides is set by agreement.
Practica las 120 preguntas gratis — sin registro.
Preguntas relacionadas de este tema
- An open listing given to several brokers at once means that:
- In a net listing, the broker's commission is:
- For a real estate purchase agreement to be enforceable in California, it generally must be:
- A sale closes on the first day of a 30-day month. Annual property taxes are $3,600, paid in arrears. Using a 360-day year, the daily tax proration amount is:
- A rectangular parcel measures 220 feet by 198 feet. Given that one acre equals 43,560 square feet, the parcel contains:
- An investor buys a property for $250,000 and sells it for $300,000. The percentage of profit based on cost is:
Última revisión: · proceso editorial
Equipo Editorial de PrepPass · Verificado con California DRE Real Estate Salesperson License Exam · Cómo revisamos