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Jonathan recently sold his home for $450,000. The listing agreement obtained by a salesperson of the listing broker called for a 6% brokerage commission. The
Jonathan recently sold his home for $450,000. The listing agreement obtained by a salesperson of the listing broker called for a 6% brokerage commission. The property was eventually sold to a buyer who was found by a different salesperson who also worked for/under the brokerage firm that obtained the listing. The listing salesperson has a 50%/50% commission split with the listing broker. The second salesperson who produced a willing and able buyer has a 70%/30% commission split with the brokerage firm. That is, she is entitled to 70% of the commission that will be paid to the brokerage firm that provides/finds the willing buyer. In most cases, what total commission will the listing brokerage firm receive (net) after the listing salesperson and the salesperson who produced/found the buyer are paid their commissions? O $13,500 O $10,800 O $27,000 O $6,750 none of the selections is correct
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