Course: A property is sold for $250,000. The brokerage commission is 6%, which is split evenly between the listing and selling brokerages. The selling agent receives 60% of their brokerage's share. How much does the selling agent receive? (EN)

Number of Chapters: 1

Course Content

1 Chapter: A property is sold for $250,000. The brokerage commission is 6%, which is split evenly between the listing and selling brokerages. The selling agent receives 60% of their brokerage's share. How much does the selling agent receive? (EN)

Chapter: Agent Commission Calculation in Real Estate Transactions
This chapter addresses the quantitative analysis of commission distribution within real estate transactions. The core problem involves calculating the net income of a selling agent given a property's sale price, a fixed commission rate, an equitable brokerage split, and a defined agent-brokerage commission sharing agreement. Accurately determining such income requires a precise, stepwise application of percentage calculations and proportional reasoning, principles foundational to financial mathematics.
The scientific importance of this topic lies in its direct impact on economic modeling and resource allocation within the real estate sector. Agent compensation models influence agent motivation, market competition, and ultimately, the efficiency of property transactions. Understanding these models allows for informed decision-making regarding brokerage strategies, agent recruitment and retention, and regulatory policy concerning commission structures. Failure to accurately calculate commissions can lead to legal disputes, financial instability for agents and brokerages, and distorted market signals.
The educational goal of this chapter is to equip the learner with the necessary analytical skills to accurately and reliably determine the selling agent's commission in a standard real estate transaction scenario. This involves mastering the application of percentage arithmetic to determine commission amounts, implementing fractional calculations to represent brokerage splits, and applying proportional reasoning to calculate the agent's individual share. Upon completion, the learner will be able to deconstruct the given problem into a series of logical steps, apply the appropriate mathematical operations, and arrive at a quantitatively sound conclusion regarding the selling agent's net earnings.

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Course: A property is sold for $250,000. The brokerage commission is 6%, which is split evenly between the listing and selling brokerages. The selling agent receives 60% of their brokerage's share. How much does the selling agent receive? (EN)

Course Content

1 Chapter: A property is sold for $250,000. The brokerage commission is 6%, which is split evenly between the listing and selling brokerages. The selling agent receives 60% of their brokerage's share. How much does the selling agent receive? (EN)

Chapter: Agent Commission Calculation in Real Estate Transactions