Worked examples
| Sale price | Rate | Total commission | Seller net |
|---|---|---|---|
| $300,000 | 6% | $18,000 | $282,000 |
| $450,000 | 5% | $22,500 | $427,500 |
| $600,000 | 5.5% | $33,000 | $567,000 |
Common questions
What's a typical real estate commission?
It has often been around 5 to 6 percent of the sale price, split between the two agents. Rates are negotiable and have been shifting recently.
Who pays the commission?
Traditionally the seller pays the full commission out of the sale proceeds, which is why it's deducted from the seller's net here.