Question

If you are selling your house with a local realtor who requires a 3% commission fee, what can you expect to pay the realtor if your house sells for $179,000?

Answer 1

Given:

The selling price of the house is $179,000.

The commission on the selling price is 3%.

To find the commission fee:

The commission on selling price is,

`\begin{gathered} 179000*(3)/(100)=1790*3 \\ =5370 \end{gathered}`

Hence, the commission fee is $5370.