6.3k views
2 votes
If you are selling your house with a local realtor who requires a 5% commission fee, what can you expect to pay the realtor if your house sells for $176,000?

User Hayman
by
8.5k points

1 Answer

5 votes

given data:

The cost of house is $176000.

The percentage the house realtor requires is 5%.

That is,


\begin{gathered} (5)/(100)*176000 \\ =8800 \end{gathered}

Thus 5% of 176000 is 8800.

Thus, you need to give $8800 to the local realtor.

User Mario Peshev
by
8.0k points

No related questions found

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Categories