Real Estate Commission Calculator
Calculate agent commission and the seller net proceeds after all costs.
Please note: Estimates only, not investment or legal advice. Property markets, taxes, fees and lending rules vary by location and change over time. Verify figures with a qualified professional before committing.
What the Real Estate Commission Calculator does
Agent commission is charged as a percentage of the sale price and is typically split between the listing and buyer agents. It is usually the largest single selling cost, which is why even a one-point reduction matters on a substantial sale.
Formula
Total commission = Sale price × Commission rateListing agent = Total commission × Listing splitNet proceeds = Sale price − Commission − Other costs − Mortgage payoff
Inputs explained
| Input | Unit | Required | Notes |
|---|---|---|---|
| Sale price | selected currency | Yes | Accepts more than 0. |
| Total commission rate | % | Yes | — |
| Listing agent share | % | Yes | How the commission splits between listing and buyer agents. |
| Other selling costs | selected currency | Optional | Legal fees, staging, repairs. Accepts 0 or more. |
| Mortgage balance to repay | selected currency | Optional | Accepts 0 or more. |
| Currency | one of 10 options | Optional | — |
How to use it
- Choose Currency.
- Enter Sale price, Total commission rate and Listing agent share.
- Optionally add Other selling costs and Mortgage balance to repay.
- Select Calculate.
Worked example
A $475,000 sale at 5% commission split evenly, $3,200 other costs, $210,000 mortgage.
- Sale
- 475000
- Rate
- 5
- Split
- 50
- Other
- 3200
- Payoff
- 210000
Commission $23,750 ($11,875 each side), total costs $26,950 — net proceeds $238,050.
Reading the result
- The "saving vs current" column in the rate table is the concrete dollar value of negotiating the commission down by each point — a useful number to bring into a negotiation rather than an abstract percentage.
- "You keep" (as a percentage of sale price) is a scale-independent way to compare selling costs across different-priced properties, unlike the raw net-proceeds dollar figure.
Assumptions and limitations
- Commission is modelled as a single flat percentage of the full sale price — it does not account for tiered or graduated structures some agents offer above a threshold.
- "Other selling costs" is a single lump figure you estimate yourself; staging, repairs and legal fees are not broken out or estimated by the calculator.
Common mistakes
- Assuming the 50/50 listing split is universal — actual splits vary by brokerage and market and are frequently uneven, so leaving the default unchecked can misstate what each side receives even though the total commission is unaffected.
- Entering only the stated mortgage balance as the payoff figure — real payoffs can include prepayment penalties or accrued interest beyond that balance, understating what is actually owed at closing.
Frequently asked questions
Is commission negotiable?
Almost always, particularly on higher-value properties. Rates have also come under regulatory pressure in several markets recently.