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You have just sold your first house for $350,000 as a listing agent (represents seller). The listing agreement specified a 5% commission and that the
You have just sold your first house for $350,000 as a listing agent (represents seller). The listing agreement specified a 5% commission and that the selling agent (represents buyer) will receive 40% of that commission. Your agreement with your broker specified that you will split your commission 50%/50% with the broker. What was your final commission on this deal? Group a. $7,000
b. None of these are correct
c. $3,500
d. $5,250
e. $10,500
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