Real Estate Commission Calculator

How to Use This Calculator

1. Enter the property's sale price in the first field (e.g., $250,000)
2. Input the commission rate (typically 5-6% for residential properties)
3. Include any additional buyer or seller bonuses if applicable
4. Click the "Calculate" button to see the results
5. Use the "Reset" button to clear all fields and start over

Understanding Real Estate Commissions

Real estate commissions are typically a percentage of the property sale price, with the standard rate ranging from 5% to 6% in most markets. This calculator helps you determine the total commission owed to both the buyer's agent and seller's agent, including any additional bonuses that might be agreed upon.

Example Scenario

Suppose you have a property sold for $400,000 with a standard 5.5% commission rate, plus a $2,000 buyer bonus and $1,500 seller bonus:

• Base Commission: $400,000 × 5.5% = $22,000
• Buyer Bonus: $2,000
• Seller Bonus: $1,500
• Total Commission: $25,500

Important Notes

Remember that this calculator provides a basic calculation. Actual commission structures may vary based on:

• Local market conventions
• Specific broker agreements
• Property type (residential, commercial, etc.)
• Time on market incentives