Commission Calculator - Best Viewed from a Large Screen - Click on the Arrow to Edit the Selling Price --->
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Selling Price$350,000
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Listing BrokerBlend2% Realty Edge
Out of the Box
Full Commission BrokeragesTypical Discount Brokerages
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Base (Minimum) for Calculations$350,000$350,000$350,000NA (Flat Fee)
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Broker's CommissionStraight %Full CommStraight % of $350K Min$100,000$250,000Fixed RateFull Comm
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Commission Rate1%1/2 of (7% + 3%) 2.00%7.00%3.00%NA 1/2 of (7% + 3%)
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Commission Components$3,500$7,250$7,000$7,000$7,500$2,998$7,250
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Listing / Buyer's Brokerage SplitListingBuyer'sListingBuyer'sListingBuyer'sListingBuyer's
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1%Full Comm50%50%50%50%$2,998Full Comm
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$3,500$7,250$3,500$3,500$7,250$7,250$2,998$7,250
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Total Commission$10,750$7,000$14,500$10,248
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Savings Versus Full Commission$3,750$7,500NA$4,252
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Net Proceeds Calculation:
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Selling Price$350,000
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Less Real Estate Commission
$10,750
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Less Condo Docs ($500) if Required
$500
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Less RPR ($750) or Title Ins ($250)
$0
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Less Legal Fees & Dispersements
$1,200
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GST at 5% on Above Lines
$623
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Total Expenses & GST$13,073
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Net Proceeds of Home Sale
$336,928
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