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How Much Does a Real Estate Agent Make on a $500,000 Sale?

On a $500,000 home sale with 6% total commission, agents typically see $30,000 split between listing and buyer sides. After brokerage splits (often 70/30), an individual agent earns around $10,500 before taxes and expenses.

On a $500,000 home sale, the total commission is often around 5-6% of the purchase price, split between the listing and buyer brokerages. Here's how the math typically breaks down.


The Quick Answer

At a Glance

  • Total Commission (6%): $30,000

  • Each Side (3%): $15,000 per brokerage

  • Agent Split (70/30): ~$10,500 to the individual agent

  • Net After Expenses: $8,000-$9,000 (varies by agent)


Breaking Down the Commission

Step 1: Total Commission

Sale Price Commission Rate Total Commission
$500,000 6% $30,000
$500,000 5% $25,000

Step 2: Buyer/Seller Split

The total commission is typically divided 50/50 between the listing brokerage and buyer's agent brokerage:

  • Listing side: $15,000 (at 6%)
  • Buyer side: $15,000 (at 6%)

Step 3: Brokerage Split

Most agents split their side with their brokerage. Common splits range from 50/50 (new agents) to 90/10 (top producers):

Agent Split Brokerage Share Agent Take-Home
50/50 $7,500 $7,500
70/30 $4,500 $10,500
80/20 $3,000 $12,000
90/10 $1,500 $13,500

Step 4: Expenses

Before celebrating, agents pay:

  • Self-employment tax: 15.3% (~$1,600 at $10,500)
  • Income tax: Varies by bracket (15-35%)
  • Marketing costs: MLS fees, signs, photos
  • Transaction fees: Some brokerages charge per deal

Variables That Affect Earnings

Commission Rate Varies by Market

  • 6% is traditional but declining
  • 5% is common in competitive markets
  • 4-4.5% happens with discount brokerages

Split Structure Matters

  • Traditional brokerages: 50-70% to agent
  • High-split brokerages: 80-100% to agent (higher fees)
  • Team structures: Team leads take 20-40% before split

Who You Represent

  • Listing agent: Earns listing side commission
  • Buyer's agent: Earns buyer side commission
  • Dual agency: Agent earns both sides (where legal)

Real Example Calculation

Item Amount
Sale price $500,000
Total commission (6%) $30,000
Listing side (3%) $15,000
Agent split (70/30) $10,500
Self-employment tax (15.3%) -$1,607
Estimated income tax (22%) -$2,310
Marketing/transaction fees -$500
Net take-home $6,083

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