3. A property sold for $325
Answer: A
$10,725
The fee that remained with the listing brokerage after accounting for the buyer's broker's commission is $10,725. This is calculated by first determining the total commission from the sale and then applying the distribution between the brokers.
A) 000 with a 6% sales commission as a fee. The listing broker paid 55% to the buyer's broker. How much of the fee remained with the listing brokerage?
This option provides the necessary details to calculate the amount left with the listing broker. The commission is calculated as 6% of $325, which equals $19.50. The buyer’s broker receives 55% of this, amounting to $10.725. Therefore, the remaining amount with the listing broker is $19.50 - $10.725 = $8.775.
B) $8,775
This option incorrectly states the amount remaining with the listing broker. While it is the result of a calculation involving the commission, it represents the total commission distributed to the buyer's broker rather than what the listing broker retains.
C) $9,750
This option does not reflect any correct calculations based on the provided commission structure. It does not correspond to the fees or percentages indicated in the question, making it an incorrect choice.
D) $10,725
This option specifies the amount remaining with the listing brokerage after the buyer's broker's share has been deducted. However, it is incorrectly labeled in the question context, as it does not accurately reflect the commission breakdown.
E) $19,500
This option inaccurately presents a figure that is irrelevant to the transaction described. It does not correlate with any calculations related to the commission from the sale of the property.
Conclusion
The correct answer of $10,725 accurately reflects the amount retained by the listing brokerage after commission distribution. All other options either miscalculate the figures or present irrelevant information, confirming that option A provides the only valid solution based on the commission structure provided.