Let’s break this down step by step to get an accurate answer.
- Typical commission rate: Realtors usually charge 5% to 6% of the sale price. This is often split 50/50 between the buyer’s agent and the seller’s agent.
- Calculate total commission on $500,000:
- At 5%: $500,000 × 0.05 = $25,000
- At 6%: $500,000 × 0.06 = $30,000
- Split between agents:
- $25,000 ÷ 2 = $12,500 per agent (if 5%)
- $30,000 ÷ 2 = $15,000 per agent (if 6%)
- Broker split: Most agents also give a portion to their brokerage, commonly 30%–50%, but it can vary.
- If the agent gives 30% to the broker:
- $12,500 × 0.70 = $8,750 take-home (5% total commission)
- $15,000 × 0.70 = $10,500 take-home (6% total commission)
✅ Summary:
| Total Sale | Commission Rate | Agent Share (50/50) | Take-Home After Broker (30% split) |
|---|---|---|---|
| $500,000 | 5% | $12,500 | $8,750 |
| $500,000 | 6% | $15,000 | $10,500 |
So, on a $500k house, a realtor typically takes home around $8,750–$10,500 after splits, though it can be higher or lower depending on their broker deal.
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