Calculate the total commission on a home sale, your share as an agent, and the seller's net proceeds.
Real estate commission is typically a percentage of the final sale price, paid by the seller at closing and often split between the listing agent's brokerage and the buyer's agent's brokerage.
Total Commission = Sale Price × Commission Rate
Your Share = Total Commission × Your Split %
On a $400,000 sale at 6% commission, the total commission is $24,000. At a 50% split, your share is $12,000, and the seller nets $376,000 before other closing costs.
Commission = sale price × commission rate, often split between buyer's and seller's agents.
Rates vary by market, historically around 5-6% total, though increasingly negotiable.
Traditionally the seller pays it out of sale proceeds, split between the agents involved.