Total commission amount:
Total Commission = Sale Price × (Total Commission Rate ÷ 100)
Seller’s agent commission:
Buyer’s agent commission:
Buyer's Agent Commission = Sale Price × (Buyer's Agent Rate ÷ 100)
Commission split verification:
Total Commission = Seller's Agent Commission + Buyer's Agent Commission
Listing fee (if applicable):
Listing Fee = Sale Price × (Listing Fee Rate ÷ 100)
Total closing costs:
Total Closing Costs = Total Commission + Listing Fee + Additional Closing Costs
Net proceeds from sale:
Net Proceeds = Sale Price – Total Closing Costs
Net proceeds percentage:
Net Proceeds Percentage = (Net Proceeds ÷ Sale Price) × 100
Where:
Commission Rate = Percentage of sale price paid to agents (typically 5-7%)
Seller’s Agent = Listing agent representing the seller
Buyer’s Agent = Agent representing the buyer
Listing Fee = Additional fee charged by the listing brokerage
Net Proceeds = Amount the seller receives after all costs