1. Assume that Jessica, an agent with Coldwell Banker, has aproperty listed for $350,000 at a 50/50...
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1. Assume that Jessica, an agent with Coldwell Banker, has aproperty listed for $350,000 at a 50/50 split on a 7% commission. She sells the property for $346,000. How muchcommission does she make?
1a). Let’s say Jessica does not sell the property, but thatJanet does. She is from a totally different brokeragecompany, Wilson Company. How much does she make and how muchdoes Jessica make?
1b. Now suppose Jessica has a 70/30 commission split. She makes the sale for $346,000 and no other agency is involved. How much commission does she make?
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date: