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Results
Total Commission
Listing Agent Share
Buyer's Agent Share
Net Proceeds (After Commission)
Information & Reference
Calculation Method
Real estate commission is typically a percentage of the property's final sale price. This total commission is then usually split between the listing agent (representing the seller) and the buyer's agent.
Formulas
The core formulas used are:
Total Commission = Sale Price × Total Commission Rate
Listing Agent Share = Total Commission × Listing Agent %
Buyer Agent Share = Total Commission - Listing Agent Share
Net Proceeds = Sale Price - Total Commission
