Question: 3. Use the following example to answer two questions: The CAR Residential Listing Agreement has a listing period of six months starting on 1/1/15 and

3. Use the following example to answer two questions: The CAR Residential Listing Agreement has a listing period of six months starting on 1/1/15 and the seller agrees to pay the listing broker a 6% commission. The seller also authorizes the broker to split his commission 50/50 with a cooperating MLS broker. The sales price is $240,000. a. What is the termination date of this listing agreement? b. What is the dollar amount earned by the cooperating broker

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