Free commission calculator

Real estate commission calculator

Enter the sale price and each side's compensation as a percentage or a flat fee. See the total commission, each side's share, and what you keep after referral fees, your broker's split and deal fees.

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Your side of the deal

Your split is the share of your side's commission you keep (70 means 70/30 with your broker). Deal fees are flat per-transaction charges such as a transaction or E&O fee.

Net to you (before taxes)-
-
Total commission-
Listing side-
Buyer side-
Your side (gross)-

Commissions are negotiable and not set by law. Since August 17, 2024, agents working with a buyer need a written agreement before touring that states their compensation. Estimate only.

In short

Real estate commission is the sale price times the agreed rate, or a flat fee. On a $450,000 sale, 3% to the listing side is $13,500 and 2.5% to the buyer side is $11,250. An agent on a 70/30 split keeps 70% of their side: $9,450 on the listing side. Commissions are negotiable and not set by law.

How it works

How to use the real estate commission calculator

1

Enter the sale price

Use the contract price, or a list price for an estimate.

2

Set each side's compensation

A percentage of the price or a flat dollar amount, for the listing and the buyer side.

3

Add your split

Pick your side, enter your split with your broker, any referral fee and per-deal fees to see your net.

What it does

What the real estate commission calculator covers

Listing and buyer side

Each side as a percentage or a flat fee, since flat-fee buyer agreements are common now.

Total and effective rate

The total commission in dollars and as a percentage of the price.

Your side, both sides

Work out the listing side, the buyer side or a deal where you represent both.

Referral fee off the top

Take a referral percentage out before the brokerage split.

Net to the agent

After your broker's share and flat deal fees, before taxes.

Formula
Side commission = price × rate (or the flat fee); net = (side − referral) × your split − deal fees
Inputs
Sale price, listing side, buyer side, your side, split %, referral %, deal fees
Rules note
Compensation is negotiable; written buyer agreements are required before touring since August 17, 2024 for MLS participants
Cost and privacy
Free, no sign-up; runs in your browser
Questions

Questions about the real estate commission calculator

How do you calculate real estate commission?

Multiply the sale price by the commission rate. On a $450,000 sale, 5.5% is $24,750. If the listing side gets 3% and the buyer side 2.5%, that's $13,500 and $11,250. Each agent then shares their side with their brokerage under their split.

Is the commission rate set by law?

No. Commissions are negotiable between the client and the brokerage, and NAR's materials say compensation is not set by law. Rates and flat fees vary by market, brokerage and deal.

What changed with the NAR settlement?

Practice changes took effect on August 17, 2024: offers of compensation can no longer be published on an MLS, and MLS participants working with a buyer need a written agreement before touring a home. That agreement must state the compensation clearly, not as an open-ended amount or a range.

Who pays the buyer's agent now?

It's negotiated. The buyer agreement sets what the buyer's agent is owed. The seller may still agree to pay some or all of it, as a concession or through the listing broker, and any shortfall is up to the buyer under the agreement.

What does a 70/30 split mean?

The agent keeps 70% of their side's commission and the brokerage keeps 30%. Many brokerages also charge per-deal fees or cap what an agent pays each year; use the commission split calculator to model a cap.

Can Closingbird track commission on each deal?

Yes. Closingbird keeps commission lines on each transaction and produces a commission disbursement authorization (CDA) PDF for the title or escrow company.

Let Closingbird keep every date for you

Closingbird reads the executed contract, fills in every deadline, party and amount, and reminds each deadline owner before the date. Calendar or business days, with weekends and US federal holidays skipped.

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