Realtor Commission Calculator
Whether you’re a real estate agent, broker, or home seller, understanding how realtor commissions are calculated is crucial to making informed decisions during property transactions.
The Realtor Commission Calculator helps you easily determine:
- Total commission based on percentage or flat fee
- Your share depending on your role (listing, buyer’s, or dual agent)
- Brokerage split and net commission after fees
- How much the seller will receive after commissions are paid
This tool simplifies the math, allowing you to get accurate results instantly and plan your finances effectively.
What Is a Realtor Commission?
A realtor commission is the fee paid to real estate professionals for their services in facilitating the sale or purchase of a property. It is typically:
- A percentage of the home sale price (commonly 5-6%)
- Sometimes a flat fee agreed upon by parties
- Shared between the listing agent, buyer’s agent, and their brokerages
How to Use the Realtor Commission Calculator
Step 1: Enter the Home Sale Price
Provide the final sale price of the property.
Step 2: Select Commission Type
Choose either:
- Percentage Based — commission calculated as a percentage of sale price
- Flat Fee — a fixed commission amount
Step 3: Enter Commission Rate or Flat Fee
Depending on your choice above, enter the percentage rate or flat fee amount.
Step 4: Select Your Role
Choose your role in the transaction:
- Listing Agent
- Buyer’s Agent
- Both (Dual Agency) — if you represent both sides
Step 5: Enter Brokerage Split
Input the percentage of commission you keep after paying your brokerage (default is 70%).
Step 6: Add Additional Fees (Optional)
Include any extra fees such as transaction fees or marketing costs.
Step 7: Click Calculate
View a full breakdown of commissions and net earnings.
Understanding the Results
- Total Commission: Total commission earned on the sale.
- Your Gross Commission: Your share before brokerage split and fees.
- Brokerage Share: Portion of your commission paid to the brokerage.
- Additional Fees: Any extra costs deducted.
- Your Net Commission: Your take-home pay after splits and fees.
- Commission as % of Sale: The effective commission percentage on the sale price.
- Seller Net Proceeds: The amount seller receives after commission deduction.
Example Calculation
| Input | Value |
|---|---|
| Home Sale Price | $500,000 |
| Commission Type | Percentage |
| Commission Rate | 6% |
| Your Role | Listing Agent |
| Brokerage Split | 70% |
| Additional Fees | $500 |
Results:
- Total Commission: $30,000
- Your Gross Commission: $15,000
- Brokerage Share: $4,500
- Additional Fees: $500
- Your Net Commission: $10,000
- Commission % of Sale: 6.00%
- Seller Net Proceeds: $470,000
This example shows how a listing agent’s net earnings are calculated considering brokerage split and fees.
Who Benefits from This Calculator?
- Real estate agents calculating take-home pay
- Brokers reviewing agent payouts
- Sellers estimating net proceeds
- Dual agents handling both sides of the deal
- New realtors learning commission structures
Tips for Using the Calculator
- Double-check input values for accuracy
- Adjust brokerage split according to your agency’s agreement
- Include all fees you expect to pay
- Use flat fee option for fixed commission contracts
- Compare net commission under different split scenarios
FAQs
Q1: Can I use this for any property type?
Yes, this calculator works for residential, commercial, or other property sales.
Q2: What if I’m both listing and buyer’s agent?
Select “Both (Dual Agency)” to get your full commission share.
Q3: Are additional fees mandatory?
No, this is optional to account for any extra expenses.
Q4: What if brokerage split changes?
Simply update the percentage to see updated net commission.
Q5: Does this include taxes?
No, taxes are not included and vary by location.
Conclusion
The Realtor Commission Calculator is a fast, reliable tool to understand your commission earnings and how brokerage splits and fees affect your net pay. Whether you’re closing a deal or planning your finances, this calculator gives clarity and confidence in your real estate transactions.
Try it now to see your exact commission breakdown!