Real Estate Commission Calculator
Standard Commission
Calculate real estate agent commission and net proceeds
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Flat Fee vs Percentage
Compare flat fee and percentage-based commissions
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Formula
Commission = Sale Price x Commission Rate
Frequently Asked Questions
What is the typical real estate commission?
Traditionally, total real estate commissions are around 5-6% of the sale price, split between the listing and buyer's agents. However, commissions are negotiable and have been trending lower, especially after recent industry changes.
Who pays the real estate commission?
Historically, the seller pays the full commission which is split between listing and buyer agents. However, recent changes in real estate practices may shift some buyer agent costs to buyers. The commission is deducted from the sale proceeds at closing.
Can I negotiate real estate commission?
Yes, real estate commissions are always negotiable. You can negotiate a lower rate, flat fee, or tiered structure. Some discount brokerages offer reduced rates. The key is to discuss commission before signing a listing agreement.
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