RE IQ test #3
(2010-03-25 08:28:03)
下一个
Here is the explanation for RE IQ test#2
http://web.wenxuecity.com/BBSView.php?SubID=tzlc&MsgID=182279
From accounting view, seller paid commission because the charge showed up in seller’s closing statement;
But from profit / loss view, buyer paid commission because the seller’s net profit is (this is assume seller make the money, not short sale or REO):
Sales price –Commission - Original cost (seller’s purchase price). That is:
(Sales price –Commission) - Original cost.
(Sales price –Commission) is net proceed from the buy.
Someone please post RE IQ test#3 here!