Realtor Commission Calculator

Real estate commission is typically calculated as a percentage of the home's sale price. The standard rate ranges from 5-6% of the sale price, which is usually split between the listing agent and buyer's agent. For example, on a $400,000 home with a 6% commission, the total commission would be $24,000, often split $12,000 to each side before broker splits.

Commission splits between agents and their brokers typically range from 50/50 for new agents to 90/10 for top producers. Common splits include 60/40, 70/30, and 80/20. Some brokerages offer 100% commission models where agents pay a flat monthly fee instead of splitting commission.

A seller net sheet is a document that estimates how much money a seller will walk away with after a home sale. It accounts for the sale price minus the remaining mortgage balance, real estate commissions, closing costs, and any other fees or credits. Agents use net sheets to help sellers understand their true proceeds.

GCI stands for Gross Commission Income — the total commission earned by an agent before any broker splits or expenses. For example, if an agent closes 20 deals averaging $10,000 commission each, their GCI is $200,000. After a 70/30 broker split, their net would be $140,000 before taxes and business expenses.

Calculate your potential income by multiplying your expected number of transactions by the average sale price in your market, then by your commission rate and your split percentage. For example: 15 transactions × $350,000 avg price × 2.5% commission × 70% split = $91,875 annual income before expenses.

Sellers typically pay 8-10% of the sale price in total costs, including: real estate commissions (5-6%), title insurance (0.5-1%), transfer taxes (varies by location), attorney fees, prorated property taxes, HOA fees, and any agreed-upon buyer credits or repairs. The exact amount varies by state and transaction.