National · Real Estate Math
1. Commission calculation
In this hypothetical agreement, the total commission is 6 percent of a $350,000 sale price. What is the total commission before any brokerage or agent splits?
Show answer and explanation for question 1
Answer: A. $21,000
Total commission = sale price × agreed rate. $350,000 × 0.06 = $21,000. No split has been applied yet. The 6 percent rate is supplied for this exercise, not a standard or required commission.
Watch for this: Calculate the total first. Do not halve it unless the question actually specifies a split.