Problema Solution
Carrie received $937.50 as commission for a referral fee. The listing agent paid 25% of her commission for the referral. The total commission paid was 6%, which was split equally between the listing and selling brokerage firms. If the listing agent was paid 50% of her firm's commission, what was the sale price of the property?
Answer provided by our tutors
completely ambiguous, the terms and their relative meanings need to be clearly defined; as an example, who is Carrie? is she the listing agent and paid 25% of her commission to someone else? or who the listing agent someone else and they paid Carrie 25% as a referral? ...then the references to listing selling brokerage firms bring in other terms which are not clearly identified
if 6% was the total commission and the amount was $937.50, then the sale price would be calculated as:
937.50/0.06 = 15,625
...but the 25% and 50% references can be treated in a variety of other manners, so the problem retains way too ambiguous