How much commission payable to saleperson

Reference no: EM131922978

Question: Real estate question math

Salesperson Garcia with ABC reality Inc, is on a 70/30 split with the brokerage and salesperson Chan, Also with ABC reality INC, is on a 60/40 split. The brokerage has an office policy that encourages salespeople to obtain listings by having a commission allocation of 55/45 between the lsiting and selling portion of the commission. salesperson Garcia sells a property for $142,000.00 that was listed by salesperson CHAN for $142,000.00 with a commission rate of 4.5%. What is the difference in the commission payable to Saleperson CHAN compared to the commission payable to Salesperson Garcia.

Reference no: EM131922978

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