How much will the listing salesperson make if a house is sold for $134,500 with a commission rate of 6% and the brokers split is 60/40?

How much will the listing salesperson make if a house is sold for $134,500 with a commission rate of 6% and the brokers split is 60/40?

• A. $3,600
• B. $2,421
• C. $4,050
• D. $1,800

Answer: (B)

To determine the amount the listing salesperson will make from the sale of a house priced at $134,500 with a 6% commission rate and a broker's split of 60/40, we first need to calculate the total commission from the sale. The total commission is calculated by multiplying the sale price by the commission rate: - Total commission = $134,500 * 0.06 - Total commission = $8,070. Next, we look at the broker's split. Since the broker retains 40% of the total commission, this means the salesperson retains the remaining 60%. We calculate the amount that the listing salesperson receives: - Listing salesperson's commission = Total commission * 60% - Listing salesperson's commission = $8,070 * 0.60 - Listing salesperson's commission = $4,842. This means the amount that the listing salesperson will make is $4,842. Since this was not one of the choices provided, it is possible the question aims at a different commission arrangement or there's a mistake in the options listed, making it unclear. However, sticking to the process, the conclusion here is to carefully follow through each calculation and ensure it aligns with the split percentages and the total commission derived

To determine the amount the listing salesperson will make from the sale of a house priced at $134,500 with a 6% commission rate and a broker's split of 60/40, we first need to calculate the total commission from the sale.

The total commission is calculated by multiplying the sale price by the commission rate:

• Total commission = $134,500 * 0.06

• Total commission = $8,070.

Next, we look at the broker's split. Since the broker retains 40% of the total commission, this means the salesperson retains the remaining 60%. We calculate the amount that the listing salesperson receives:

• Listing salesperson's commission = Total commission * 60%

• Listing salesperson's commission = $8,070 * 0.60

• Listing salesperson's commission = $4,842.

This means the amount that the listing salesperson will make is $4,842. Since this was not one of the choices provided, it is possible the question aims at a different commission arrangement or there's a mistake in the options listed, making it unclear.

However, sticking to the process, the conclusion here is to carefully follow through each calculation and ensure it aligns with the split percentages and the total commission derived