What is the formula for determining the net to seller dollars after a sale?

Prepare for the Maine Real Estate Sales Agent Test. Use flashcards, and multiple-choice questions with structured hints and detailed explanations. Excel in your exam preparation!

To determine the net to seller dollars after a sale, the correct formula reflects the calculation of the amount the seller ultimately receives after any expenses or commissions have been deducted from the sale price. The appropriate method involves multiplying the sale price by the percentage that represents what the seller will retain after expenses.

The formula involves taking the sale price and applying a percentage that accounts for the seller's net proceeds. This often means subtracting transaction costs, like commissions, from the total sale price to arrive at the net amount the seller will receive. While the other choices reflect different types of calculations, the method utilized in the correct answer succinctly encapsulates the required calculation to find out how much the seller nets from a sale.

For separating it from incorrect answers, calculating the net by using the sale price and seller's percentage directly corresponds to the way commissions are typically subtracted, making this choice more straightforward in determining the final financial outcome for the seller.

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