A real estate office closes a deal on an apartment and the agentsinvolved are cu

Question

A real estate office closes a deal on an apartment and the agentsinvolved are curious about the commission split and what they willmake from the deal. The showing agent will receive 35% of thecommission. The listing agent and deal processor will each receive5%. The agent that took pictures of the property will get 2% whichends up being $43. The remaining commission will go back to theoffice for operation costs. How much is the commission that will besplit up between the agents? How much will each agent and theoffice receive from this deal?

Explanation / Answer

The agent that took pictures of the property will get 2% whichends up being $43. 2% of total = 43 .02t = 43     divide both sides by .02 todetermine the total total = $2150    752.50 = 35% of2150    107.50 =    5%of 2150    107.50 =    5%of 2150      43.00=    2% of 2150 1010.50 = 47% of 2150 1139.50 = 53% of 2150 to theoffice

Related Questions

Navigate

• Browse (All)
• Browse A
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.