Two tools in one. Calculate your net commission after brokerage split and expenses, or estimate what your seller walks away with after closing.
Total Commission - In Alberta, real estate commissions are negotiable between the seller and their listing agent. There is no fixed rate. The total commission is typically split between the listing (seller's) side and the buyer's agent side. Common structures include a percentage of the sale price or a flat fee, though percentage-based is most common.
Agent Side Split - The total commission is divided between the two sides of the transaction. The buyer's agent and listing agent each receive their portion. A 50/50 split is common, but it varies by listing and market.
Brokerage Split - Agents in Alberta must be registered under a licensed brokerage. The brokerage takes a share of the agent's gross commission in exchange for providing licensing, insurance, office support, and compliance oversight. Split structures vary widely - from flat monthly fees to percentage-based splits that may change based on annual production.
Transaction Fees - Some brokerages charge a per-deal transaction fee on top of the commission split. This covers administrative costs, file compliance, and E&O insurance contributions.
Seller Net Proceeds - When you prepare a net sheet for your sellers, include every cost they will face at closing. The largest deductions are typically the commission and mortgage payout, but mortgage penalties, property tax adjustments, and agreed-upon repairs can significantly affect the final number. Presenting this clearly builds trust and avoids surprises on closing day.