If a property sells for $62,300 and the brokerage charges 7%, how much will the sales associate receive after commission distribution?

To calculate how much the sales associate will receive after commission distribution, we first need to determine the total commission earned on the sale of the property. Given that the property sells for $62,300 and the commission rate is 7%, we calculate the total commission as follows:

Total commission = Sale price × Commission rate
Total commission = $62,300 × 0.07 = $4,361.

Once we have the total commission, we need to consider how it is distributed. Typically, the commission is split between the brokerage and the sales associate. A common split might be 50/50, but this percentage can vary based on the specific agreement between the sales associate and the brokerage.

Assuming a common commission split, if the sales associate receives 50% of the total commission:
Sales associate's share = Total commission × 50%
Sales associate's share = $4,361 × 0.50 = $2,180.50.

It appears the calculated answer (C) indicates a misunderstanding of either the commission distribution percentage or possibly the standard split used in the question. To accurately reflect how much the sales associate takes home, one needs to clarify the actual distribution percentage the brokerage uses.

Thus,