Business
Business, 15.02.2021 18:50, noeminm105

Your company, ABC Real Estate has a listing on a property at 1234 Any Old Street. The property was listed for $295,000, and the seller agreed to pay your designated broker a 7% commission when the property is sold. A licensee with XYZ Real Estate Company presents an offer for $275,000 that is accepted by the seller. Your designated broker has agreed to share the 7% commission with a cooperating broker equally. The cooperating broker has agreed to pay the licensee who sold the property 45% of the total earned. How much did the licensee who sold the property earn?

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