How much did the selling office's sales associate earn in commission?

Study for the Magnolia Real Estate State Exam. Sharpen your skills with flashcards and multiple-choice questions; each question offers hints and explanations. Prepare to excel in your exam!

To determine how much the selling office's sales associate earned in commission, we should focus on the commission structure typically involved in real estate transactions. The sales associate's earnings are generally a percentage of the sales price of the property sold.

If the answer is identified as $17,550, it suggests that the commission was calculated based on a predetermined percentage of the sale price. For example, if the property sold for a specified amount, and the typical commission rate was applied, the resulting figure would represent what the sales associate earned.

In specific scenarios, there might have been adjustments for factors such as split commissions between the selling office and listing office, or even variable rates based on performance or negotiated terms.

Understanding how commissions are calculated, including any relevant agency agreements and percentage splits, is crucial in real estate to accurately ascertain an associate's earnings. Therefore, $17,550 accurately reflects the expected commission earned by the selling office’s sales associate based on these factors.

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