asked 103k views
5 votes
A broker needs $5950 to pay her irs tax lien. she has the opportunity to list a property at fair market value of $85000. what would her listing commission rate need to be in order to pay her debt assuming she will pay 2.8% to the selling broker?

1 Answer

3 votes
$5950 / $85000 = 7% + 2.8% = 9.8%
answered
User Phil Jollans
by
8.3k points
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