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24 January, 04:17

The listing and selling brokers agree to split a 7% commission fifty-fifty on a $96,900 lot sale. The listing broker is on a 30% commission and the broker working with the buyer will receive 35% of her side. How much will the selling broker earn from the sale?

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  1. 24 January, 04:38
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    1,187.03

    Explanation:

    he listing and selling broker each get 50% of the 7 5 commission.

    The commission equal 7/100 x $96,900

    Each broker gets = 3,391.5

    The selling broker (broker working with the buyer) get 35 % of 3,391.5

    =35/100 x 3,391.5

    =1,187.025

    =1,187.03
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