How To Calculate A Real Estate Agent's Commission?

In general, the home seller pays the commission for both real estate agent’s involved in real esate transaction. The commission paid is typically 5-7% of the home's sale price.

Here’s an example:

Assume a home owner sells his home for $600,000. He pays the listing broker a 6% commission or $36,000. If two real estate brokers are involved in the transaction, the broker who brings a buyer and a selling broker, then the commission is split evenly between the brokers and each earns $18,000.

$300,000 X 6% = $36,000 / 2 = $18,000

In the example above, You Save Real Estate, will rebate 20% of the $18,000 real estate agent’s commission OR $3,600 to a home buyer and 25% OR $4,500 to the home seller. Get an expericened real estate agent who'll rebate a portion of their commission here.