We will start with some key points and then will show the financial picture. Key Points:
Property was listed for $315,000 An agreed upon sales contract allowed buyer to purchase home for $300,000 (95.2% of the list price) Agreed upon commission rate was 6%, which is $18,000 Seller will receive $282,200 for the sale of their home What happens to that $18,000 Commission and how much does the agent really make?
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