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44. The seller agrees to pay the listing real estate agent a commission of 5%. The property is listed at $400,000, the buyer offers and
44. The seller agrees to pay the listing real estate agent a commission of 5%. The property is listed at $400,000, the buyer offers and seller agrees on price of $380,000 and it closes at that price. The buyer obtains a loan of $300,000. The property is tax assessed at $350,000. The commission most likely paid to the real estate agent is A. No commission is owed because it did not sell at the list price B. $17,500 C. $20,000 D. $19,000
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