Real Estate Commission Calculator
Calculate real estate agent commission and split. Commission = Property Price × Commission Rate.
Formula
Commission = Sale Price × Rate%; Split between agents
- Typical commission rate: 4-6% (varies by region)
- Buyer/seller agent split: usually 50/50
- Commission splits further between agent and brokerage
- Tax implications: commission is taxable income
Example
Inputs
- Property Sale Price: 500000
- Commission Rate (%): 5
- Buyer/Seller Split (%): 50
$500k sale @ 5%: $25k total commission, $12.5k each agent (50/50 split)
Frequently asked questions
Who pays the real estate commission?
Typically seller pays both buyer and seller agent commissions, negotiated separately.
Is the rate negotiable?
Yes. Standard 5% but varies by market, property type, and negotiation.