Saturday, September 5, 2026 · Real Estate Math
A home sells for $480,000 with a 7% commission and no other closing costs. What does the seller net?
- A. $446,400
- B. $441,600
- C. $480,000
- D. $33,600
Reveal the answer
Answer: A
Commission = $480,000 × 7% = $33,600. Net = $480,000 − $33,600 = $446,400.