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Your house is for sale for $210,000. A realtor will charge you a 3% sales commission. If you choose a "sale by owner" option bypassing a realtor, you will pay no commission, but you will have to pay an attorney an average of $950 at your closing. What will you save by choosing the "sale by owner" option?

Respuesta :

Answer:

5350

Explanation:

If your house is for sale for $210,000. What you will save by choosing the "sale by owner" option is $5350.

What is Sales?

Sales can be defined as the way of selling a product in exchange for cash.

Using this formula

Amount saved=(Selling price×Sales commission)- Closing price

Let plug in the formula

Amount saved=($210,000×3%)-$950

Amount saved=$6,300-$950

Amount saved=$5,350

Therefore If your house is for sale for $210,000. What you will save by choosing the "sale by owner" option is $5350.

Learn more about sales here: https://brainly.com/question/25586322

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