RPAC SAVED THE AVERAGE REALTOR® AT LEAST $6659 in 2007!

NO SALES TAX ON REAL ESTATE COMMISSION

Number of homes sold in 2007- 26,846
Average home sales price in 2007- $182,153
Total number of members in 2007- 9,960
Total sales commission avg.-7%

26,846  x $182,153= $4,890,079,438 (TOTAL OF HOMES SOLD)
Divided by  9960= $490,971 in sales per realtor if evenly divided amongst members
3.5% of $490971=$17,184 avg. commission per realtor is sales evenly divided

7% (avg sales tax in MO and KS) of $17,184
Equals $1,283

Information calculated using MLS data

SECURED MORTGAGE INTEREST DEDUCTION