D) $387,492. If the commission rate was 6.5% and the listed broker earned $12,593.50, the sale of the property would have cost $387,492 if the commission split was equal between the selling and listing brokers.
A real estate expert who helps a homeowner advertise and market their house for sale is known as a listing broker or listing agent. A listing broker's responsibilities include choosing a suitable asking price for the house, creating a listing, and hosting open houses for potential purchasers. They collaborate on the house sale with the buyer's agent, who is bizarrely also known as the selling agent. It's useful to first explore the distinction between a real estate agent and a real estate broker in order to comprehend listing brokers. A person with a state-issued license to assist in the purchase and sale of various forms of real estate is known as an agent. An agent who also holds a broker's license is a real estate broker.
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