Since the 2024 NAR settlement, sellers are no longer required to offer buyer’s agent compensation through the MLS, and commissions are more openly negotiable. Total commissions of 5–6% have been typical.
How to use the Real Estate Commission Calculator
- Sale price
- Total commission rate
- Listing agent share
- Other selling costs (title, transfer tax, repairs)
- Mortgage payoff
Results update as you type, and every field accepts the units shown in its menu.
How it works
Enter the sale price, the total commission rate, the listing agent’s share, other selling costs and the mortgage payoff.
Tips
- Get a written loan estimate and compare the APR, not just the interest rate.
- Include property tax, insurance, HOA fees and maintenance in your monthly budget.
- A larger down payment lowers the payment and can remove mortgage insurance.
- Rates change daily – use a current quote for the most accurate result.
Common mistakes to avoid
- Looking only at the monthly payment instead of the total cost of the loan.
- Forgetting closing costs and fees.
- Assuming home prices always rise.
Inputs explained
| Field | What to enter |
|---|---|
| Sale price | Amount in your currency |
| Total commission rate | In % |
| Listing agent share | In % |
| Other selling costs (title, transfer tax, repairs) | Amount in your currency |
| Mortgage payoff | Amount in your currency |
What each result means
- Total commission = [Sale price]×[Total commission rate]÷100
- Listing agent commission = [Total commission]×[Listing agent share]÷100
- Buyer’s agent commission = [Total commission] – [Listing agent commission]
- Seller’s net proceeds = [Sale price] – [Total commission] – [Other selling costs (title, transfer tax, repairs)] – [Mortgage payoff]
- Total selling costs as a share of price = ([Total commission] + [Other selling costs (title, transfer tax, repairs)])÷[Sale price]×100
Example values
How the main result changes when Sale price changes and everything else stays at the example values above:
| Sale price | Total commission |
|---|---|
| 250,000 | 13,750 |
| 375,000 | 20,625 |
| 500,000 | 27,500 |
| 625,000 | 34,375 |
| 750,000 | 41,250 |
| 1,000,000 | 55,000 |
Formula
Total commission = sale price × commission rateListing agent share = total × listing shareSeller net proceeds = sale price − commission − other costs − mortgage payoffWorked example
Inputs — Sale price: $500,000; Total commission rate: 5.5 %; Listing agent share: 50 %; Other selling costs (title, transfer tax, repairs): $6,000; Mortgage payoff: $260,000.
Results — Total commission = $27,500.00; Listing agent commission = $13,750.00; Buyer's agent commission = $13,750.00; Seller's net proceeds = $206,500.00; Total selling costs as a share of price = 6.7 %.
Frequently asked questions
What is the typical real estate commission?
Historically 5–6% in total, now more negotiable.
Who pays the commission?
Traditionally the seller; after 2024 buyers may negotiate their agent's fee directly.
Can I negotiate the commission?
Yes – commissions are not set by law.
What formula does the Real Estate Commission Calculator use?
Total commission = sale price × commission rate.