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If two brokers decide to split their commission 60/40 in favor of the listing broker, and each broker splits 50/50 with their salesperson, how much will the listing salesperson receive from a sale of $134,500 at a 6% commission rate?

$1,500

$2,421

To find out how much the listing salesperson will receive from the sale, we first need to calculate the total commission earned from the sale amount.

For a sale of $134,500 at a 6% commission rate, the total commission would be:

Total Commission = Sale Price × Commission Rate

Total Commission = $134,500 × 0.06 = $8,070

Next, the brokers split the commission 60/40, with 60% going to the listing broker. To determine how much the listing broker receives, we can calculate:

Listing Broker's Share = Total Commission × 60%

Listing Broker's Share = $8,070 × 0.60 = $4,842

Now, the listing broker will split this amount 50/50 with their salesperson. Thus, the amount the listing salesperson receives will be:

Salesperson's Share = Listing Broker's Share × 50%

Salesperson's Share = $4,842 × 0.50 = $2,421

Therefore, the listing salesperson receives $2,421 from the sale.

This is why the correct answer is the option indicating $2,421. It reflects proper calculations of the commission distribution between broker and salesperson based on the information

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