Assume that Hank, an agent with Remax, has a property listed for $125,000 at a 50/50 split

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Assume that Hank, an agent with Remax, has a property listed for $125,000 at a 50/50 split on a 5% commission. He sells the property for $120,000.

How much commission does he make?

Related Book For answer-question

Smith and Roberson Business Law

ISBN: 978-0538473637

15th Edition

Authors: Richard A. Mann, Barry S. Roberts

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Posted Date: Jul 03, 2023 03:56 AM

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Assume that Hank, an agent with Remax, has a property listed for $125,000 at a 50/50 split

Question:

Expert Answer:

To calculate the commission Hank makes we need to determine the sale price and apply the com... View the full answer

Smith and Roberson Business Law

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