apt review x + O . Carted Q EC580 Quizzes for ... in Fall 2020 EC580-74... b. 5.5% c. 5.0% d. 10.2% Question 5 Complete Jonathan recently sold his home and was able to take home $272,600 after paying the real estate broker's commission of 6%. If the buyer was ultimately found through a buyer broker, the dollar commission will need to be split between the listing broker and buyer broker. Answer the following questions: 1). How much did Jonathan pay as a commission? Marked out of 4,00 P Flag question 2), If the buyer broker is entitled to 40% of the commission, how would the dollar commission fee be split between buyer broker and listing broker? Listing broker's share: $ Buyer broker's share: $ 3). If you are a salesperson working for the listing broker. You receive 50% of the firm's proceeds for which you are either the listing agent or the selling agent. Suppose you were the listing agent for this property, what is your split of the commission? $ Question 6 Complete Marked out of 4.00 P Flag question Given the following situation and facts, answer questions 1) to 4): On May 15, 2019, Eric Martin (buyer) signed a contract with Rueben Smith (seller) to purchase a rental house for $195,000. Closing is to occur on June 15, 2019, with the day of closing to be counted as a day of ownership by the buyer. Eric paid an escrow deposit of $10,000 when he signed the purchase contract. Other pertinent facts include: The monthly interest on the first mortgage is $745, which must be paid by the 20th of the month. b Reuben paid a hazard insurance policy for the calendar year 2019. The premium was $850, and Eric has agreed to ban b. DOC DOO F4 F5 76 * F7 FB ) F9 F10 F11 F12 A $ 4 % 5 & 7 + 6 ( 9 8 ) 0 delete 2 JE R. T Y U o O T. 1 F er L