California Real Estate Practice Exam 2025 - Free Real Estate Practice Questions and Study Guide Flash Cards

Question: 1 / 585

A home sold for $150,000 on which the seller was to pay a 6% brokerage fee. Additional costs were: 2% prepayment penalty on an existing loan balance of $102,800, escrow fees of $210, and new loan discount fee of $534. The seller's cost of sale will be what percent of gross equity?

?

20.5%

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