“Salesperson A has a 70/30 agreement for commission splits w…
“Salesperson A has a 70/30 agreement for commission splits with their Broker A. The salesperson receives 70%, while the broker retains the remaining 30%. Salesperson A lists a property for $500,000 with a 2.5% listing commission, and a concession offer of 2.5% for a cooperating broker that brings a qualified buyer to the deal. Salesperson B has a 60/40 split, respectively, with their Broker B. Salesperson B brings a qualified buyer to the deal, and the property closes for a sale price of $475,000. What will be Salesperson A’s income from this sale?”