Metro Broker Academy Final Practice Test | Questions and Correct Solutions | Latest Update 2024/2025 | Graded A+

Metro Broker Academy Final Practice Test | Questions and Correct Solutions | Latest Update 2024/2025 | Graded A+ 1) What is your take-home from a if the total commission for the sale was 6%, which equaled $13,545.00 if you have a 70/30 split with your broker? a) $6772.50 b) $4740.75 c) $3254.76 d) $6000.00 - Answer -b) $4,740.75 Assuming there is a co-broker involved with a 50/50 $13,545.00 / 2 = $6,772.50 (this is the amount split W/your broker) $6,772.50 X 70% = $4,740.752) What is a CAM license for? a) Listing property b) Managing apartment building c) Managing building projects d) Manager of a subdivision association - Answer -d) Manager of a subdivision association 3) How many square feet in an acre? a) 43560 b) 34560 c) 56043 d) 43650 - Answer -a) 43560