Home Buying / Selling

  1. Home
  2. Home & Garden
  3. Home Buying / Selling

by Janet Wickell
for About.com

How To Calculate Real Estate Commissions

When you list and sell a property

It doesn't take a math wizard to see where your commission goes when you list and sell a piece of property. You might even get a little more if your agency gives brownie points for handling 'both sides' of the transaction.

    Sales Price: $100,000
    6% of Sales Price = $6,000 to your office

    Your share of the total, 50% = $3,000

If you work at a franchised agency, you might see figures similar to these:

    Sales Price: $100,000
    6% of Sales Price = $6,000 to your office
    Less Fees Paid to Franchising Company ($480)
    Total retained by office = $5,520

    Your share, 50% = $2,760

Always check your settlement statements for accuracy, even if your agency types numbers into a spreadsheet to figure your compensation. The bottom line is only as accurate as the person plugging in the numbers.

Explore Home Buying / Selling

About.com Special Features

Home Buying / Selling

  1. Home
  2. Home & Garden
  3. Home Buying / Selling

©2009 About.com, a part of The New York Times Company.

All rights reserved.