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lara [203]
2 years ago
12

A building's owner pays a property manager in 81/2% commission based on the units annualized rent for each new tenant last year

the manager signed five new tenants 3 at $795 per month one at $1,200 per month and one at $900 per month what was the total amount of the property managers new tenant commissions for that year?
Business
1 answer:
Vera_Pavlovna [14]2 years ago
5 0

Commission paid by the building owner to the property Manager for the new tenant is $4575.

<h3>What is a Commission?</h3>

A brokerage receives compensation for delivering a customer who signs a lease by way of a rental commission. Frequently, rental commissions are stated as months of rent or as a percentage of the annual rent.

The calculation for the Commission of Property Manager:

Commission = Total annualised rent x percentage of Commission

                     = (795 x 12 x 3 + 1200 x 12 + 900 x 12) x 8.5%

                     = 53820 x 8.5% = $4,575

Commission for the property manager = $4,575.  

   

Thus,  a rental commission, a brokerage is paid for bringing a consumer who signs a lease. The commission for the property manager is $4,575.

Learn more about Commission here:

brainly.com/question/20987196

#SPJ1

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Answer:

D)reducing its need to be self-sufficient,

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Specialisation by a country's economy means that it produces only the specialised goods & even export it, import the other goods.

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However, it reduces need of country to be self sufficient. As, it can gainfully trade its specialised goods for other goods (in which other economy specialises).

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3 years ago
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6 0
3 years ago
Suppose Compco Systems pays no dividends but spent $ 5.18 billion on share repurchases last year. If​ Compco's equity cost of ca
shusha [124]

Answer:

Market capitalization - $155.26

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Explanation:

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= $5.18 billion × ( 1 + 7.9%) ÷ (11.5% - 7.9%)

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According to the basic DCF stock valuation model, the value an investor should assign to a share of stock is dependent on the le
Alina [70]

Answer:

According to the basic DCF stock valuation model, the value an investor should assign to a share of stock is dependent on the length of time he or she plans to hold the stock.

A. True

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3 years ago
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