Ask Question
23 May, 14:05

Listing broker A negotiates the sale of C's property with the cooperation of broker B. The brokers agree to a 50/50 split of the $10,000 commission. Each broker has a salesperson who will receive 25% of their broker's commission. How much will each salesperson receive?

+3
Answers (1)
  1. 23 May, 16:06
    0
    The answer is: Each salesperson will receive $1,250

    Explanation:

    The total commission for this sales operation is $10,000 that will be split equally between the two brokers, so each broker will get $5,000. If the broker hired a salesperson and will pay him 25% of their commission, you must multiply $5,000 x 25% to find out the salesperson's earnings. For this sale it is $1,250.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Listing broker A negotiates the sale of C's property with the cooperation of broker B. The brokers agree to a 50/50 split of the $10,000 ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers