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What is the total remuneration the royalty group will get

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Question - Listing brokers A & B from Royalty Group list a home for $200,000. Total brokers remuneration is 5.5% and will share with the Homes 4U Group selling brokers C & D a retribution of 2.8% of the sales price. The listing broker A gets 40% of the listing remuneration and the selling broker C gets 70% of the selling broker's remuneration. Note: consider all amounts without taxes.

Required -

a. How much will each broker (A, B, C & D) make?

b. What is the total remuneration the Royalty Group will get?

C. What is the total remuneration the Homes 4U Group will get?

Reference no: EM133188059

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