Question: Real estate question math
Salesperson Garcia with ABC reality Inc, is on a 70/30 split with the brokerage and salesperson Chan, Also with ABC reality INC, is on a 60/40 split. The brokerage has an office policy that encourages salespeople to obtain listings by having a commission allocation of 55/45 between the lsiting and selling portion of the commission. salesperson Garcia sells a property for $142,000.00 that was listed by salesperson CHAN for $142,000.00 with a commission rate of 4.5%. What is the difference in the commission payable to Saleperson CHAN compared to the commission payable to Salesperson Garcia.