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  • 11-01-2020
  • Business
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A seller requires $235,000 for a property. The broker sells the property for $252,000. If this is a net listing, what is the agent's commission.

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princessesther2011
princessesther2011 princessesther2011
  • 11-01-2020

Answer:

The agent's commission is $17,000

Explanation:

Since there is a net listing which means the price the broker sold the property is greater than the price required by the seller

Agent's commission = $252,000 - $235,000 = $17,000

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