A property was listed for $640,000, but eventually sold for $580,000. The seller paid a commission of 5%. How much did the listing broker earn as a commission?

Answers

Answer 1

i think that the listing guy earned 60k

Answer 2

The amount of commission that the listing broker earned from the property that was listed for $640,000 but sold for $580,000 was $29,000.

Who is a listing broker?

A listing broker is a real estate agent that lists properties for sale.  The listing broker can be differentiated from the selling broker.

The selling broker works with the buyer of the real estate property while the listing broker works for the interest of the property owner.

The important question is, is the listing broker paid a commission based on the listing price or selling price?  The listing broker's commission is based on the selling price and not the listing price.

Data and Calculations:

The list price of property = $640,000

Sales price = $580,000

Commission paid by the seller = 5%

Listing broker's commission = $29,000 ($580,000 x 5%)

Thus, the listing broker earned a commission of $29,000.

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Related Questions

Page 1page 2 this passage is from the us department of justice website. the justice department is the primary law enforcement agency of the us federal government. it includes the federal bureau of investigation (fbi), which investigates federal crimes, and the office of the us attorney general, who prosecutes people accused of committing federal crimes. according to the author, how has the patriot act helped protect the nation? it has given the government more power to investigate and prosecute acts of terror. it has allowed the government to break laws when acts of terror are suspected. it has made stopping attacks easier because of stricter privacy protections. it has allowed for greater authority to investigate and prosecute crimes of any nature.

Answers

The patriot act helped protect the nation because it has given the government more power to investigate and prosecute acts of terror.

What is Patriot act?

This act was formulated to encourage sharing of information and working together of different law enforcement and investigative agencies to help prevent attacks.

This thereby ensures that government have more power to investigate and prosecute acts of terror.

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Answer:

A. It has given the government more power to investigate and prosecute acts of terror.

Explanation:

Edge. 2022

Which of the following is an example of a cyberattack? A. An employee attacking a coworker OB. A virus attacking a computer OC. A cashier stealing money D. An employee using another employee's login​

Answers

Answer: B. A virus attacking a computer

Explanation: it makes the most sense

The proper legal terms to describe the finding in wickard v. Filburn.

Answers

Answer:

Wickard v. Filburn, 317 U.S. 111, is a United States Supreme Court decision that dramatically increased the regulatory power of the federal government. It remains as one of the most important and far-reaching cases concerning the New Deal, and it set a precedent for an expansive reading of the U.S. Constitution's Commerce Claus…

Wickard v. Filburn suggests that commerce jurisdiction can be used to restrict activities as long as they have a significant, financial consequences on interstate trade.

What is legal terms?

A condition or activity is lawful if it is permitted or mandated by law. A biological or non-human organization that is considered as a people for specific legal reasons is referred as a legal adult. A juridical typical person has the right to be challenged and sued, possess possessions, and negotiate agreements.

The United States Supreme Court judgement in Result of ineffective v. Filburn, 317 U.S. 111, significantly strengthened the federal administration's ability to regulate.

It continues to be among the most significant and very far issues involving the Stimulus Package, and it established a foundation for a broad interpretation of the Constitutional Provision of the U.S. Constitution.

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what does Dooyeweerd, Van Zyl regard as the essence of education law​

Answers

For Dooyeweerd Van Zyl, the essence of education law is to provide the required legal guide and framework to ensure that educational institutions are administered for the benefit of society as a whole.

What is education law?

Education law is the legal framework followed by educational institutions to ensure:

Equal access to quality education for all learners.Educational institutions are devoid of social discrimination.Compulsory schooling for children under a certain age.The existence of independent and public schools.

Education law deals with the legal problems and issues that confront school administrators and policymakers, especially about the rights of learners.

Who is Dooyeweerd, Van Zyl?

Dooyeweerd Van Zyl was one of the South African legal philosophers who advocated that law should be regarded as science.

Thus, for Dooyeweerd Van Zyl, the essence of education law is to provide the required legal guide or framework that ensures that educational institutions are administered for the benefit of society as a whole.

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12) The Declaration of Independence says that all Americans have unalienable rights. This means that these rights
A) cannot be taken away from individuals.
B) must be paid for through federal taxes.
are granted only to citizens born in the United States.
D) will not be given to citizens until they are eighteen years old.

Answers

Answer:

A ( cannot be taken away from individuals )

Explanation:

I DID THE USA TEST PREP AND GOT IT CORRECT!!


Many terrorism analysts believe terrorism can only exist in a democracy and cannot function in a totalitarian state. What do
you believe is the relationship between the conditions in the places where terrorist organizations usually take hold and the
conditions of democracy?

Answers

Answer:

it's a real life example of afganistan. The things which need to operate whole world is the knowledge of particular section and department. So if someone operate democracy without knowledge of democracy the country will suffer from different crises

The action of swimmers using their arms to propel themselves through the water is an example of what law?.

Answers

Answer:

The answer is Newtons third law

Explanation:

When you are accelerating you use your arms to push the water you can also accelerate by kicking.

Why was the department of homeland security formed?.

Answers

Answer:

They were formed for terriostic attacks against the U.S.A.

Explanation:

They are public security for terrorist attacks.

Zwane died intestate on 26 November 2021 and is survived by his wife Dudu to whom he was married according to Customary Law in 2011. They did not enter into an antenuptial contract and were married in community of property. At the time of Zwane’s death, Dudu was seven months pregnant with Zwane’s child, who they planned to call Bongani. Zwane is also survived by the following relatives:
(i) His son Joshua who renounced his rights to inherit;
(ii) His father Solly;
(iii) His younger sister Rose.

The joint estate is worth R900 000.00 (Nine Hundred Thousand Rand). How will Zwane’s estate devolve?​

Answers

The way and manner that Zwane's estate would devolve under the Community of Property are that Dudu has the right to dispose of the joint estate as she wished.

What is the community of property work in South Africa?

in South Africa, when a couple is married in a community of property and did not enter into an antenuptial or prenuptial agreement to exclude the community of property clause regarding their joint estate, each spouse can dispose of the assets as they wished.

By the time that Zwane died intestate, and applying the Community of Property clause, Dudu has the exclusive right to the devolution of the estate.

Thus, the manner that Zwane's estate would devolve under the Community of Property is that Dudu has the right to dispose of the joint estate as she wished.

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Discuss the sources of inner conflict in correctional environment in South Africa?

Answers

Answer:

National Council for Correctional Services

The NCCS is a statutory body that guides the Minister of Justice and Correctional Services in developing policy relating to the correctional system and the sentence-management process.

Judicial Inspectorate of Correctional Services

The JICS was established in 1998 with the statutory objective to facilitate the inspection of correctional centres so that the inspecting judge may report on the treatment of inmates and on conditions in correctional centres. The JICS is an independent office.

Explanation:

Answer:

National Council for Correctional Services

The NCCS is a statutory body that guides the Minister of Justice and Correctional Services in developing policy relating to the correctional system and the sentence-management process.

Explanation:

what is globalization​

Answers

Answer:

✨REAL ANSWER✨

Globalization is a global system that describes the interactions and changes that bind people, companies, governments, and nations around the world. It refers to the way information, products, services and capital flow between global societies.

Embezzlement. A jail guard is working on the night shift all alone. He locks himself out of his office, leaving all the jail keys in the office. He remembers an inmate brought in earlier in the day who had lock-picking devices in his possession when he was booked. He goes to the evidence locker, retrieves the lock-picking devices, opens the locked door, and returns the devices to the locker. The lock-picking devices were gone for less than five minutes. Answer the following questions:
a. Has he embezzled the devices?
b. Does it make a difference that he put the property back within five minutes?
c. If you were his supervisor, how would you handle this situation?

Answers

Answer:

I think the answer is C

but if I am wrong please don't report me just send me a message that I was wrong and I will try to return the points

A because it makes more sense

what is health and safety​

Answers

safety and health are different things but they both can be good together at the same time. health is to make sure your body is healthy. to be healthy is to eat good foods like vegetables and fruit and other goods. you can still have sweet foods just not as much. to be safety is to be safe. its when something bad is happening and try to make it so it doesnt happen so your safe.

i hope it helps  

Are federal agencies required to have rcr policies

Answers

Answer:

yes

Explanation:

What can a person face for refusing to help another if they caused the specific harm?

Answers

Answer:

The person will have

1:a guilty conscience

2:the person will be rejected

If no one wins the electoral college, who chooses the next president?.

Answers

Answer:

Under the 12th ademendment they have the vice president run it.

Explanation:

They put the vice president in charge of things.

Select ALL the correct answers.
Which two cases would the Supreme Court be most likely to review?
a case concerning a motor vehicle accident

a case concerning presidential actions
a case involving two members of Congress

a case in which a federal law is challenged
Answer is 2&4

Answers

Answer:

a case concerning presidential actions

Explanation:

4. A branch manager of WR has received a request from a corporate customer, Acme Pty Ltd, which wishes to increase its overdraft. The bank is prepared to do so provided the company provides appropriate security in view of the fact that the current overdraft has exceeded its limit. Acme’s directors, John and Wisteria, suggest that Wisteria’s parents might be prepared to mortgage their home to the bank.

Required:

The manager seeks your legal advice about the pitfalls of accepting security from such people, and what precautions the bank would need to take if it decided to do so. ( See Amadio’s case).

Answers

The advice that should be provided to the bank manager about the pitfalls of accepting security from Wisteria's parents, including the necessary precautions the bank should take, include:

The bank should ensure that it provides adequate explanations to Wisteria's parents about the nature of the overdraft and the financial state of Acme Pty Ltd.

The bank should further explain the limitations of the guarantee involved with respect to the mortgage of the home.

The bank should discover if Wisteria's parents' home is under another mortgage.

The bank should take precautions that it does not fall into the pits that the classical case of Commercial Bank of Australia v. Amadio by not indulging itself in unconscionable conduct with the parents of Wisteria.

What is unconscionable conduct?

Unconscionable conduct is harsh conduct that goes against good conscience.

Unconscionable conduct is usually described as oppressive without considering its unfairness.

Thus, in seeking Wisteria's parents to mortgage their home to the bank, the bank manager should be careful not to mingle its business dealings with persons who lack the capacity to enter into a valid guarantee for Acme Pty Ltd.

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What is it called when a licensed surgeon calls an unlicensed surgeon to perform surgery on a patient in Business Law?

Answers

I believe it would be a trainer training someone loll

1
If you decide to propose a new law in your state, what might be the first step you take?
O Send your idea to a committee to review it.
O Write a text of the law to submit to the legislature.
O Work with your state representative to write a new statute.
O Work with the governor to create a bill.

Answers

Answer:

Work with the governor to create a bill.

Explanation:

The legislative process in a nutshell

First, a Representative sponsors a bill.The bill is then assigned to a committee for study.If released by the committee, the bill is put on a calendar to be voted on, debated or amended.If the bill passes by simple majority (218 of 435), the bill moves to the Senate.

Article II, Section 2, Clause 2 gives the President the power of appointment, but the guidelines for removal come from which two Supreme Court cases?

Answers

One of the guidelines for removal come from which the Supreme Court cases of Myers v. United States.

What is the ruling in Myers case?

The Supreme Court ruled that the restrictions on presidential removal power requiring Senate consent to remove postmasters were unconstitutional.

The judges explains further that the power to remove appointed officials rests solely with the president and does not require congressional approval.

Therefore, the case of Myers v. United States serves as a guideline for removal of appointed officials.

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What is the difference between being polite and being passive? Give some example​

Answers

Answer:

- Polite Is having or showing behavior that is respectful and considerate of other people.


- Passive accepting or allowing what happens or what others do, without active response or resistance.


Example: Jack is liked by other for being respectful and considerate. Mark is a person who accepts everyone but also negative vibes.

Deneen sweeting was a defendant in the third circuit in 2000. what aspect of criminal law is his case about

Answers

can we get a topic please?

State University provides housing on campus and in some adjacent off-campus neighborhoods. To lease a university house or apartment, a person must be a student at State. This requirement is a. an operation of law. b. a breach of contract. c. a novation. d. a condition.

Answers

This requirement that is ised by this school before they lease a house out is known as a condition precedent.

What is a condition precedent?

This is a legal term that helps to describe all the events and fact that must first be established before a specific contract can be put into consideration.

The precedent is what is set here before anyone can be leased the properties.

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Describe the impeachment process. Why are public officials impeached? What is the 25th Amendment? How is it used? Why is it used? To whom does it apply?

Answers

Answer:

1. As adopted by the framers of the Constitution, this congressional power is a fundamental component of the system of “checks and balances.” Through the impeachment process, Congress charges and then tries an official of the federal government for “Treason, Bribery, or other high Crimes and Misdemeanors.”

2. The President, Vice President and all civil Officers of the United States, shall be removed from Office on Impeachment for, and Conviction of, Treason, Bribery, or other high Crimes and Misdemeanors.

3. The Twenty-fifth Amendment (Amendment XXV) to the United States Constitution says that if the President becomes unable to do his job, the Vice President becomes the President (Section 1) or Acting President (Sections 3 or 4)

4.  Whenever there is a vacancy in the office of the Vice President, the President shall nominate a Vice President who shall take office upon confirmation by a majority vote of both Houses of Congress.

5. It clarifies that the vice president becomes president if the president dies, resigns, or is removed from office, and establishes how a vacancy in the office of the vice president can be filled.

6. Whenever there is a vacancy in the office of the Vice President, the President shall nominate a Vice President who shall take office upon confirmation by a majority vote of both Houses of Congress.

Explanation:

1 - Pedestrians

Always legally have the right-of-way.

Never have the right-of-way.

Are hard to see

Are unpredictable and hard to see.

Answers

Always legally have the right-of-way.


Have a great day!!
Always legally have the right of way.
Hope this helps

In this type of plea, a defendant pleads guilty or nolo contendere to a lesser included charge. Group of answer choices horizontal plea avoidance of stigma plea vertical plea reduced sentenced plea

Answers

In this type of vertical plea, a defendant pleads guilty or nolo contendere to a lesser included charge.

What is vertical plea?

Vertical plea can be defined as the type of plead that help to reduce the punishment of a defendant.

In the court of law a defendant may tend to plead guilty for a lesser  offense he/she committed which can result in a lesser or lower punishment.

Therefore In this type of vertical plea, a defendant pleads guilty or nolo contendere to a lesser included charge.

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According to Maryland law, how far does a
driver need to
be from a cyclist

Answers

At least 3 feet away from a cyclist in maryland

What is the most accurate description of the criminal justice system?​

Answers

Answer:

The criminal justice system is a network of government and private agencies intended to manage accused and convicted criminals. The criminal justice system is comprised of multiple interrelated pillars, consisting of academia, law enforcement, forensic services, the judiciary, and corrections.

Hope I helped

any person violating illinois preium finance laws if convicted , may be imposed a civil fine of up to

Answers

5000 per offense for violating the finance laws



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