A sales associate aims for $58,000 in gross commissions, with listings contributing about 50%. If average commission per transaction is $1,200, how many listings must sell?

To determine the number of listings that must sell to achieve the sales associate's goal of $58,000 in gross commissions, it's important to first calculate the portion of commissions that will come from listings and then figure out how many transactions are needed to reach that amount.

Since listings contribute about 50% of the total gross commissions, we can calculate the commission from listings as follows:

• Total commissions from listings = 50% of $58,000
• This equals $29,000.

Next, to find out how many transactions (listings) are required to generate that $29,000 in commissions, we divide this amount by the average commission per transaction:

• Number of listings needed = Total commissions from listings / Average commission per transaction
• This gives us: $29,000 / $1,200 = approximately 24.33.

Since you cannot have a fraction of a listing, rounding this to the nearest whole number means the associate needs to sell 24 listings to meet their goal.

Therefore, the correct answer is 24, as it is the number of listings that will contribute the necessary amount to reach half of the target gross commission.