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Salesperson Leger of XYZ Real Estate Ltd lists a property for $122, 900 at a commission rate of 5.5%. Leger is on a 65/35 commission
Salesperson Leger of XYZ Real Estate Ltd lists a property for $122, 900 at a commission rate of 5.5%. Leger is on a 65/35 commission split with the brokerage Salesperson Garcia of ABC Realty Inc., who 70/30. commission split with the brokerage sells the property for $121, 300. (When a commission split is equal, the salesperson receives the larger portion) The two brokerages have agreed to a 50/50 distribute commission between listing and selling brokerage. What is the amount of commission payable to each of the parties? XYZ Real Estate Ltd $1, 182.66. Salesperson Leger $2, 196.84 ABC Realty Inc.: $1.013.93; Salesperson Garcia $2, 365.82 XYZ Real Estate Ltd $1, 167.51; Salesperson Leger $2, 168.24 ABC Realty Inc. $1.000.73; Salesperson Garcia; $2, 335.02 XYZ Real Estate Ltd $1,000.73; Salesperson Leger; $2, 335.02 ABC Realty Inc. $1, 167.51; Salesperson Garcia $2, 168 24 XYZ Real Estate Ltd $3335 75; Salesperson Leger $2, 168.24 ABC Realty Inc.: $2, 335.02: Salesperson Garcia $2, 335.02 Salesperson Khan of XYZ Real Estate Ltd lists a property with a commission rate of 4.25% Khan is on a 60/40 commission split with the brokerage Salesperson Garcia of ABC Realty Inc who has a 70/30 commission split with the brokerage, sells the property for $288, 800 (When the commission split between brokerage and a salesperson is not equal, the brokerage retains the smaller portion The two brokerages have agreed to a 50/50 distribution of commission between listing and selling brokerage What is the amount of commission payable to each of the parties? XYZ Real Estate Ltd $2, 454.80; Salesperson Khan $3, 682.20 ABC Realty Inc. $1, 841.10; Salesperson Garcia $4, 295.90 XYZ Real Estate Ltd $2, 284.80; Salesperson Khan $3, 427.20 ABC Realty Inc $1.713.60. Salesperson Garcia $3.998.40 XYZ Real Estate Ltd. $2, 448.00; Salesperson Khan. $3.672.00 ABC Realty Inc $1, 836.00; Salesperson Garcia $4, 284.00 XYZ Real Estate Ltd $4, 295.90; Salesperson Khan $1, 841.10 ABC Realty Inc $2, 454.80. Salesperson Garcia; $3, 682.20
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