In a subdivision with 750 homes where residents live for about seven years, how many homes can a sales associate expect to list if they list 70%?

To determine how many homes a sales associate can expect to list in a subdivision with 750 homes, where residents typically stay for about seven years and the associate lists 70%, you simply need to calculate 70% of 750.

When you perform the calculation:

70% of 750 can be calculated as follows:

0.70 * 750 = 525.

However, the answer 75 homes must be interpreted within the context of the question. If the question is asking how many homes might be listed each year, then you must consider the turnover rate. Since the average resident lives in the home for about seven years, this suggests that a portion of those homes will become available for sale each year.

To find out how many homes might be sold in a typical year, you would divide the total number of homes by the average length of stay:

750 homes ÷ 7 years = approximately 107 homes per year.

Then you can apply the 70% listing expectation:

70% of 107 = approximately 75 homes.

This indicates that a sales associate can expect to list around 75 homes each year due to turnover. This reasoning underscores the correct answer as the one reflecting a realistic expectation of listings based on the number of homes and