Calculate real estate agent commissions and the net proceeds from a home sale.
Sale Details
Typically 5% - 6%
Listing AgentBuyer Agent
Proceeds Analysis
Net Proceeds to Seller$470,000.00
Total Commission$30,000.00$15,000 Listing / $15,000 Buyer
Funds Allocation
About this calculator
Overview
Real estate commission is the fee paid to agents for facilitating the sale of a property. It is typically a percentage of the final sale price and is traditionally paid by the seller.
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Pro Tips
The standard commission is often split 50/50 between the listing agent and the buyer's agent.
Commissions are always negotiable. There is no law setting a fixed rate.
Net proceeds do not include other closing costs like transfer taxes, attorney fees, or mortgage payoff.
Recent legal changes (NAR settlement) are moving towards more transparent negotiation of buyer agent commissions.
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Fun Facts
Formula: Total Commission = Sale Price × Commission Rate | Net Proceeds = Sale Price - Total Commission
