Being a real estate agent can be a lucrative career choice if you’re willing to put in the hours. most real estate agents are pa
id on commissions and do not receive a salary. The average commission for an agent is 3% of the sale price of the house. In 2020 Rita helped 5 different buyers find new homes. The sale prices of these 5 homes are shown the the top right Sales price
$510,000
$625,000
$450,000
$780,000
$650,000
If Rita made a 3% commission on each house how much did she make for the entire year before taxes
Profit will be achieved when the money earned is greater than the money spent so, 336 + (n*12) = n*28 any subsequent units sold would result in profit 336 = 28n - 12n 336 = 16n => n = 336/16 = 21 21 units must be sold to draw even any more would result in profit