Real Estate Agent Practice Test — Flashcards | Real Estate Basics | FatSkills

Real Estate Agent Practice Test — Flashcards

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All states require real estate agents to be licensed by the state to engage in the sale of real estate. The tests cover such subjects as forms of ownership, physical descriptions, valuation and regulation.
 

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As a seller's agent, you sell a house for $135,000. The selling price includes a six percent commission rate that your brokerage charges. The buyer's agent will get half the commission. What is your portion of the commission?
$4,050
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