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Business, 23.12.2019 22:31 guymcguyson4573

Christopher has hired a real estate broker to facilitate the sale of his home. realizing that christopher is most likely going to realize a loss on his investment due to the recent decline in housing values in his neighborhood, the broker has agreed to charge christopher a lower commission rate as long as christopher enters into an exclusive right of sale listing contract. if christopher ends up selling his house for $364,583 and takes home $350,000 after paying the real estate broker’s commission, what was the commission rate that the broker ended up charging? a. 4.0%b. 4.2%c. 8.0%d. 14.6%

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