Final answer:
To calculate the real estate agent's commission on a house, we multiply the selling price by the commission rate.
Step-by-step explanation:
To calculate the real estate agent's commission, we need to multiply the selling price of the house by the commission rate. In this case, the house was sold for $544,400 and the commission rate is 9%. To find the commission, we can use the formula:
Commission = Selling Price imes Commission Rate
Substituting the given values into the formula, we have:
Commission = $544,400 imes 0.09
Calculating this, we find that the real estate agent's commission on the house is $48,996.