Question

An agent's compensation for services performed in a real estate transaction. Typically a percentage of the selling price or rent is

A. Commission
B. Appraisal fee
C. Closing costs
D. Mortgage insurance

Answer 1

An agent's compensation for services performed in a real estate transaction is typically a percentage of the selling price or rent, known as a commission.

Step-by-step explanation:

The correct answer is A. Commission. An agent's compensation for services performed in a real estate transaction is typically a percentage of the selling price or rent, known as a commission. This means that the agent receives a portion of the money earned from the sale or rental of the property.