Real estate commission calculator
Turn commission percentages into dollars for each side of the sale and see what the agent keeps after the brokerage split.
How it's calculated
Each commission = sale price × its percentage. The listing broker's commission is agreed in the listing agreement with the seller. Since August 17, 2024, under the practice changes from the National Association of REALTORS® settlement, buyers working with an agent sign a written agreement before touring homes that states the agent's compensation (or how it is determined), and offers of compensation to buyer brokers are no longer made on NAR-affiliated MLSs. A seller may still agree to pay the buyer's agent, or the buyer pays it.
Commissions are not set by law: every percentage is negotiable. The agent's take-home depends on the split with their brokerage, which we let you set.
Frequently asked questions
Are real estate commissions negotiable?
Yes. No law sets a standard commission. The listing commission is negotiated with the seller in the listing agreement, and the buyer's agent compensation is set in the buyer's written agreement and can be negotiated in the offer.
What changed for commissions in August 2024?
Following the NAR settlement, from August 17, 2024 offers of compensation to buyer brokers cannot be made on NAR-affiliated MLSs, and MLS participants working with buyers must have a written agreement before touring a home that discloses the compensation. Compensation can still be offered off-MLS and negotiated between the parties.
How much does an agent actually keep?
The commission is paid to the brokerage, which splits it with the agent according to their agreement. Out of that share the agent usually pays their own business expenses.
Sources
- National Association of REALTORS® — Settlement facts and practice changes
- U.S. Department of Justice — Statement of Interest, Burnett v. National Association of Realtors
Results are estimates for information only and are not legal, tax or financial advice. Confirm the figures with your lender, title or escrow company and the county offices.
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