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URL:https://www.learndesk.us/class/4746122453057536/lesson/ff0b39d80747c732081b356e34faff9a?ref=outlook-calendar
SUMMARY:Basic Real Estate Computations
DTSTART;TZID=America/Los_Angeles:20260527T190000
DTEND;TZID=America/Los_Angeles:20260527T200000
LOCATION:https://www.learndesk.us/class/4746122453057536/lesson/ff0b39d80747c732081b356e34faff9a?ref=outlook-calendar
DESCRIPTION: 
Sales commissions
Calculating gain on sale

(See also Real Estate Math Section)
Sales commissions 
Sales commissions are negotiated between the agent and client and are specified in the listing contract or buyer brokerage agreement. The seller is usually responsible for paying the commission in a listing agreement, and the seller or buyer may be responsible in a buyer brokerage agreement. Commissions are usually split between brokers and co-brokers and between brokers and their associates.
Co-brokerage commission
1. Formulas: sale price x commission rate = total commission total commission x split rate = co-brokerage commission 2. Example: A house sells for $600,000. The commission is 6%, and the co-brokerage split is 50-50. $600,000 x 6% = $36,000 total commission x 50% = $18,000 co-broker's commission
Associate's commission
1. Formula: broker's commission x sales associate's split rate = sales associate's commission 2. Example: Assume an $18,000 broker's commission and a 60% -...

https://www.learndesk.us/class/4746122453057536/lesson/ff0b39d80747c732081b356e34faff9a?ref=outlook-calendar
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