A property was listed for $640,000, but eventually sold for $580,000. The seller paid a commission of 5%. How much did the listing broker earn as a commission?

Answers

Answer 1

i think that the listing guy earned 60k

Answer 2

The amount of commission that the listing broker earned from the property that was listed for $640,000 but sold for $580,000 was $29,000.

Who is a listing broker?

A listing broker is a real estate agent that lists properties for sale.  The listing broker can be differentiated from the selling broker.

The selling broker works with the buyer of the real estate property while the listing broker works for the interest of the property owner.

The important question is, is the listing broker paid a commission based on the listing price or selling price?  The listing broker's commission is based on the selling price and not the listing price.

Data and Calculations:

The list price of property = $640,000

Sales price = $580,000

Commission paid by the seller = 5%

Listing broker's commission = $29,000 ($580,000 x 5%)

Thus, the listing broker earned a commission of $29,000.

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Related Questions

In florida, which activity may legally require a boat be equipped with a wide-angle rearview mirror?.

Answers

Answer:

Towing another boat, tubing on a jet ski, etc.

Explanation:

What is the difference between being polite and being passive? Give some example​

Answers

Answer:

- Polite Is having or showing behavior that is respectful and considerate of other people.


- Passive accepting or allowing what happens or what others do, without active response or resistance.


Example: Jack is liked by other for being respectful and considerate. Mark is a person who accepts everyone but also negative vibes.

How many pillars in Islam and explain them?

Answers

Answer: The five pillars

Explanation:

The five pillars – the declaration of faith (shahada), prayer (salah), alms-giving (zakat), fasting (sawm) and pilgrimage (hajj) – constitute the basic norms of Islamic practice.Jun 9, 2016

Answer:

There are 5 pillars of Islam

Explanation:

Shahada 1 prayer 2 zakat 3 fast 4  hajj 5

Henry hit Denny in his birthday party. Henry was prosecuted on battery charges by the district attorney. Subsequently, Denny took Henry into the court for money damages. Classify each legal action. What are remedies?

Answers

The legal remedies for a battery acti includes a penalty charge, restraining order, environment servitude etc.

What is a battery?

In law, its refers to a physical act that results in harmful contact with another person without that person's consent.

If a battery can be proved by a plaintiff against the accused, then, there will be legal consequence of the accused's action.

In conclusion, the legal remedies for a battery acti includes a penalty charge, restraining order, environment servitude etc.

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How does social media affect elections and campaigns? Is this a positive trend? Why or why not?

Answers

Social media can help voters get more informed about politics, but it can also provide false information that could affect the voters' opinions in a negative way. It can stir up trouble and cause friendships to end over contradicting political beliefs.

1. after driving through dust, sand, or smoke, you should __________.

a. inspect your air filters

b. replace your windshield wipers

c. take your vehicle to a mechanic

d. test your brake response

Answers

Answer:

c. take your vehicle to a mechanic

Explanation:

Look up "Unit 25: Adverse Driving Conditions" on Quizlet and those flashcards had the answer on them. (I'd add a link but that goes against the policies on this website- Quizlet is completely free)

What possible legal defense(s) could they use for criminal charges related to the burglary

Answers

Answer:

Legal defenses may be claimed when facing charges of either burglary or robbery such as innocence, lack of intent and entrapment. First, defendants may claim that they are innocent of the crime. The prosecution bears the burden of proving that the defendant committed the crime beyond a reasonable doubt.

What are the elements of voluntary manslaughter?

Answers

Voluntary manslaughter is a form of homicide that occurs without premeditation, deliberation, or malice aforethought. It is defined as an intentional killing committed in a “heat of passion” that results from provocation.

The action of swimmers using their arms to propel themselves through the water is an example of what law?.

Answers

Answer:

The answer is Newtons third law

Explanation:

When you are accelerating you use your arms to push the water you can also accelerate by kicking.

In which situation would you be more likely to use the Rogerian model than the Toulmin model?
pick an answer
Your new job involves a lengthy commute. You call a family meeting in hopes to convince everyone that buying a hybrid car will save money.


Your friend believes the earth is flat so you aim to convince him that the earth is round.


Your company is under financial strain so each department must propose a potential solution. You analyze the solutions to determine the best approach, even if it means some departments might face cuts. To increase departmental investment in the solution you choose, you aim to bring everyone together through a shared value or goal.


Your department at work wants to reduce the number of employees. Fearing mass layoffs, you set up a petition for employees to sign in an attempt to remove the CEO with a vote of no confidence.

Answers

The situation in which you would be more likely to use the Rogerian model than the Toulmin model is Your friend believes the earth is flat so you aim to convince him that the earth is round.

What is the Toulmin Method?

This refers to the use of pragmatic thinking in order to persuade or convince someone of something.

We must note that this differs from the Rogerian method which has to do with those who have similar ethics and also with those that oppose the ethic to get them to work together.

Hence, the correct answer is option B because you want to convince someone who has a different perspective.


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The proper legal terms to describe the finding in wickard v. Filburn.

Answers

Answer:

Wickard v. Filburn, 317 U.S. 111, is a United States Supreme Court decision that dramatically increased the regulatory power of the federal government. It remains as one of the most important and far-reaching cases concerning the New Deal, and it set a precedent for an expansive reading of the U.S. Constitution's Commerce Claus…

Wickard v. Filburn suggests that commerce jurisdiction can be used to restrict activities as long as they have a significant, financial consequences on interstate trade.

What is legal terms?

A condition or activity is lawful if it is permitted or mandated by law. A biological or non-human organization that is considered as a people for specific legal reasons is referred as a legal adult. A juridical typical person has the right to be challenged and sued, possess possessions, and negotiate agreements.

The United States Supreme Court judgement in Result of ineffective v. Filburn, 317 U.S. 111, significantly strengthened the federal administration's ability to regulate.

It continues to be among the most significant and very far issues involving the Stimulus Package, and it established a foundation for a broad interpretation of the Constitutional Provision of the U.S. Constitution.

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What organizations does the state commissioner of insurance entitled to join

Answers

Answer:

An organization that solicits insurance only among its members is known as a fraternal benefit society. (I think this is it, I am not sure)

Explanation:

Comparative advertising includes which of the following criteria?
(Select all that apply.)
O additional features
O cheaper quality
increased quantity
better price

Answers

Answer:

better price, increased quantity, additional features

Explanation:

Why is plagiarism considered a crime?

Answers

Answer:

because the writer takes ideas from a source without giving proper credit to the author.

It is considered a crime because you are using someone other work and not giving credit

Which of the following is a hallmark of a pure capitalist economy?

O government-mandated business practices

O economic policy that is influenced by concern for the public good

O national policies that are enacted to influence the economy

O public ownership of modes of production

O government-free marketplace transactions

Answers

The answer is regulated capitalist economy.

Discuss the main things to remember in the preliminary investigation

Answers

Answer:The preliminary investigator looks for things like what started the fire like matches, gas, lighters, cigarettes, bombs, anything that will fuel a fire.

Explanation:They also look look for things like the direction of the smoke, the flames, and the distance. When sweeping for bombs they do a room searching sweep.

important role of PDEA in LAW ENFORCEMENT.

Answers

Answer:

The PDEA is a regular law enforcement and regulatory agency which is responsible for the efficient and effective law enforcement of all provisions on any dangerous drug and/or controlled precursors and essential chemicals.

Explanation:

1. What ethical guidelines will the soft drink
company need to follow to market a drink in
the UK (United Kingdom)?

Answers

One ethical guideline that soft drink companies follow to market in the United Kingdom is not to advertise to children under 16 years in some media.

What are ethical guidelines?

Ethical guidelines are rules that must be observed in doing business to minimize breaking business ethical guidelines.

Ethical guidelines define actions that are morally right or wrong.  The guidelines are provided to be followed to avoid violations and their consequences.

Thus, a soft drink company marketing a drink in the United Kingdom must follow ethical guidelines, including:

Ensuring proper labeling of their products. Indication of product contents, production and expiration dates, and other warnings.

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Embezzlement. A jail guard is working on the night shift all alone. He locks himself out of his office, leaving all the jail keys in the office. He remembers an inmate brought in earlier in the day who had lock-picking devices in his possession when he was booked. He goes to the evidence locker, retrieves the lock-picking devices, opens the locked door, and returns the devices to the locker. The lock-picking devices were gone for less than five minutes. Answer the following questions:
a. Has he embezzled the devices?
b. Does it make a difference that he put the property back within five minutes?
c. If you were his supervisor, how would you handle this situation?

Answers

Given that the jail guard picked the items and still tried to return them back to where he got them after using them, we can agree that

A. There was no embezzlement.b. It does not make a difference that he put the keys back from where he got them from.

What is an embezzlement?

This is a term that is used to refer to theft and the misuse of funds or other properties that were left in the care of a person.

It does not make a difference because he should not have used the keys at all. The evidence locker is a place where items do not have to be tampered with.

c. As his supervisor, I would let him go with a warning due to the surrounding story that caused him to do what he did.

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Why was the department of homeland security formed?.

Answers

Answer:

They were formed for terriostic attacks against the U.S.A.

Explanation:

They are public security for terrorist attacks.

What is the part of the Civil Rights Act of 1964 that relates specifically to employee rights? A. Title Vu B. Title VIII C. Title V D. Title X​

Answers

Answer:

the answer is B.

Explanation:

This is because it was under that title.

concepto de administración publica

Answers

En pocas palabras, la administración pública es la planificación, organización, dirección y coordinación de operaciones para servir al bien público. Esto normalmente lo manejan aquellos que trabajan para el gobierno, pero también hay muchas personas que trabajan para organizaciones sin fines de lucro que están involucradas con la administración pública.

Many people in an area have lost their jobs and are about to lose their homes because they cannot make their monthly mortgage payments Jane , a lawyer , writes to all of these people saying she is willing to represent them to prevent the loss of their homes . Should she allowed to do this ?


PLEASE HELP!!!

Answers

Answer:

It's up to her.

Explanation:

I'm no lawyer but I think that they get to pick and choose if they want to accept any cases or not. I think that if she wants to take the risk to represent them, then she should be allowed to.

why are most communities not benefiting from the national water act of 1998)​

Answers

The communities are not benefiting because the water infrasructure has not reached their society

What is the National Water Act 1998?

In South Africa, this is a legislation that provide fundamental reform of the law relating to water resources and guide the method of supplying water in the country.

The Act ensured that water supply are protected, developed, conserved and well in a sustainable manner for the benefit of all people.

Read more about National Water Act

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Difference between confidentiality and privacy

Answers

Answer:

Main Differences Between Privacy vs Confidentiality

Privacy

The ability to keep one’s life and perso ...

Applies to individuals

Personal choice

A human right backed up the government

vs

Confidential

Applies to information

Professional obligation

An agreement between two or more parties

A piece of personal information shared

Explanation:

Answer:

C

Explanation:

Privacy protects the user, while confidentiality protects the data.

What might one do in an analysis section of a Rogerian argument?

Question 4 options:

Refute the opposition.


Rebut the counterclaims.


Qualify the claim.


Explore commonalities between multiple perspectives.

Answers

In analysis section of a Rogerian argument explore commonalities between multiple perspectives.

What is Rogerian argument?

Rogerian argument is a method that is used to resolve conflict or disagreement among individual.

This strategy put the offender into consideration and also bring about mutual understanding among the people involved.

Therefore, In analysis section of a Rogerian argument explore commonalities between multiple perspectives.

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What are some key case laws related to religious practices, minorities, and correctional practices?

Answers

Often, inmates will sue under the First Amendment free-exercise clause. This clause generally prohibits the government from infringing on individuals’ rights to practice their religion freely. Below are some key case laws related to religious practices.

Engel v. Vitale

Vitale. This First Amendment activity is based on the landmark Supreme Court case Engel v. Vitale, dealing with the line between religion and public schools.

The Safley standard

The Safley standard has been used in most lower courts examining prisoner First Amendment claims. One week after the U.S. Supreme Court decided Safley, the high court applied the Safley standard to a free-exercise of religion claim in O’Lone v. Estate of Shabazz.

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What is the most accurate description of the criminal justice system?​

Answers

Answer:

The criminal justice system is a network of government and private agencies intended to manage accused and convicted criminals. The criminal justice system is comprised of multiple interrelated pillars, consisting of academia, law enforcement, forensic services, the judiciary, and corrections.

Hope I helped

Which of the following would be an example of Civil Law?
A driver who was caught speeding
A divorcing couple arguing about child custody
A person who has not paid income taxes for 5 years
An illegal immigrant facing deportation

Answers

Civil law deals with behavior that constitutes an injury to an individual or other private party, such as a corporation. Examples are defamation (including libel and slander), breach of contract, negligence resulting in injury or death, and property damage.

A driver who was caught speeding. :)

_________________ can result in a jail sentence while ____________________ can result in a prison sentence. Group of answer choices Misdemeanors; felonies Civil offenses; criminal offenses Tort cases; probate cases Capital cases; tort cases

Answers

The crime that can result in a jail sentence is a Misdemeanor while the crime that results in a prison sentence is a felony.

What is the difference between prison and jail?

Jail is meant for less serious crimes and people sentenced to jail don't spend too long in them. This is why it is for misdemenors.

Prison on the other hand, is for more serious offences like felonies. People stay longer in prisons and they are run by higher authorities like state and federal governments.

Find out more on felonies at https://brainly.com/question/3127569.

Misdemeanors can result in a jail sentence while felonies can result in a prison sentence.

What are misdemeanors and felonies?

A misdemeanor is a minor state offense that does not require serving a long time in jail.

A felony involves a grievous crime against the state that carries a long time in prison.

Thus, both misdemeanors and felonies are criminal offenses.

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