Lamar sells another broker's $800,000 listing for $785,000 at a commission rate of 6.5%. lamar has a 40% commission split with his broker. if there is also a 50% brokerage split, what commission will lamar receive?

Lamar will receive $10,205.

Step-by-step explanation:

Lamar sells another broker's $800,000 listing for $785,000 at a commission rate of 6.5%.

Commission that Lamar got is:

dollars

Lamar has a 40% commission split with his broker.

So, amount of 40% of $51,025 becomes :

dollars.

Also given that there is also a 50% brokerage split; so amount after split becomes:

dollars

Therefore, Lamar will receive $10,205.

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step-by-step explanation:

told you