Real estate commission calculator
Commission is usually the largest single cost of selling a home, and it is charged as a percentage — so it grows with the sale price whether or not the work does. Move the slider to your home's value to see what the difference between the national average and 1% is worth.
Slide the scale below to estimate the value of your home and see how much money you will save with iPayOne
How this estimate is calculated
The figure is one subtraction. It takes 5.49% — the national average total commission on a home sale, covering both the listing agent's side and the buyer's agent's side — and subtracts the 1% rate. The remaining 4.49% is applied to the sale price you set.
- Sale price
- $1,200,000
- At 5.49%, the national average
- $65,880
- At 1%
- $12,000
- Difference
- $53,880
An estimate, not a quote or an offer. 5.49% is a national average and the usual rate where you live may be higher or lower; the agent you are matched with sets their own. Nothing here accounts for closing costs, repairs, title or transfer taxes.
Commission is negotiable
There is no standard rate and there never was one — a set commission would be price-fixing. What exists is a customary rate, and custom is not a rule. Every percentage point is a term of a contract you have not signed yet.
That is worth knowing before you read any number on this page as fixed, including ours. The reason a lower rate is possible at all is that the percentage was never tied to the work: listing a $1.2M home is not five times the effort of listing a $240,000 one, but at a flat percentage it pays five times as much.
What you still get at 1%
A lower rate is only a saving if the sale is the same. iPayOne matches you with a top-ranked agent who works your area and lists your home the way they would list any other — the difference is what they charge to do it, not what they do.
Enter your address and we will tell you whether your home qualifies and which agents cover your zip code.