What was the full commission rate if Sarah was paid $3,152.50 on the sale of a $97,000 property? Sarah's agreement with her broker is half of the full commission.

Question

asked Jul 18, 2023 102k views

1 Answer

Shaddow · Answer 1 · 2023-07-23T10:56:32+0000

Answer:

6.5 %

Explanation:

Full commission would then be 2 * 3152.50 = 6305

Full commission percentage of sale is then:

6305 / 97000 * 100 % = 6.5 %