Jonathan recently sold his home and was able to take home $423,000 after paying the real estate broker's commission of 6%. If the buyer was ultimately found through a buyer broker, the dollar commission will need to be split between the listing broker and buyer broker. If the buyer broker is entitled to 40% of the commission, what is her share of the commission rounded to the nearest dollar?

Question

Quizplus · Accepted Answer

The listing broker's commission is 6% of $423,000, which is $25,380. The buyer broker is entitled to 40% of this commission, which is $10,152. Rounded to the nearest dollar, her share is $10,152.

Jonathan Recently Sold His Home and Was Able to Take