Real Estate Commission Calculator
Total Commission: $
Agent Earnings: $
Broker Earnings: $
How to Use the Real Estate Commission Calculator
A Real Estate Commission Calculator is a digital tool that helps agents, brokers, and home sellers quickly calculate commission fees from a property sale based on the sale price, commission rate, and agent-broker split.
Whether you're a real estate agent trying to estimate your earnings or a seller budgeting transaction costs, this calculator simplifies the math.
Step-by-Step Instructions:
Step 1: Enter the Sale Price
In the first input field labeled "Sale Price ($)", type in the total sale amount of the property.
Example:
350000
Step 2: Input Commission Rate
In "Commission Rate (%)", enter the total commission rate as a percentage. This is typically 5%–6% in many markets.
Example:
6
for 6%
Step 3: Agent Split with Broker
In "Agent Split with Broker (%)", input the agreed commission split between the agent and broker. A common split is 50/50, but it can vary.
Example:
50
Step 4: Click “Calculate Commission”
Press the green "Calculate Commission" button to see your result.
The Results Explained
You’ll instantly see:
- Total Commission: The full amount paid out as commission.
- Agent Earnings: What the agent takes home based on the split.
- Broker Earnings: The portion retained by the brokerage.
Example
Input:
- Sale Price: $350,000
- Commission Rate: 6%
- Split: 50%
Output:
- Total Commission: $21,000
- Agent Earnings: $10,500
- Broker Earnings: $10,500
FAQ: Real Estate Commission Calculator
Q1: What is a commission split?
A commission split is how the total commission is divided between the real estate agent and their broker, often based on pre-agreed terms (e.g., 50/50, 60/40, etc.).
Q2: Can I change the commission rate?
Yes! This calculator allows you to input any commission rate you agree upon, whether it’s 5%, 6%, or another custom value.
Q3: What if there are two agents (buyer and seller)?
This calculator assumes a single-agent view. If you're splitting with another agent, divide the total commission in half and apply your split accordingly.
Q4: Does this include taxes or expenses?
No, this calculator shows gross earnings only. Taxes, transaction fees, and marketing costs should be subtracted separately.
Q5: Can I use this calculator on my phone?
Absolutely. It’s mobile-friendly and works in any modern browser.