Question 29

The remaining fee with the listing brokerage is $8,775.

To determine how much of the sales commission remained with the listing brokerage, we first need to calculate the total sales commission based on the property's selling price and the commission rate. The total commission is $325 multiplied by 6%, which equals $19.50. The listing broker retains 45% of this commission, which amounts to $8.775.

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 correctly describes the scenario, leading us to calculate the total commission from the sale of the property and then determine the remaining amount with the listing brokerage after paying the buyer's broker.

B) $8,775

This option represents the correct numerical value of the fee remaining with the listing brokerage after the distribution of the sales commission. However, it does not provide the necessary context or calculation details that support the answer.

C) $9,750

This option is incorrect as it suggests a different amount that does not align with the calculations based on the sales price and commission percentages. It misrepresents the distribution of the commission.

D) $10,725

This option is also incorrect, as it implies a higher amount than what is calculated based on the sales commission structure. The calculations do not support this figure.

E) $19,500

This option represents the total value of the commission earned from the sale, but it does not account for the distribution between the listing broker and the buyer's broker, making it an incorrect choice for the context of the question.

Conclusion

The correct answer is A, which accurately outlines the process of determining how much of the sales commission remained with the listing brokerage after paying the buyer's broker. All other options either misrepresent the calculation or provide figures that do not correspond to the commission structure described in the question.