Quillie Real Estate TEAM

Real Estate Compensation Breakdown

A simple illustration showing how gross real estate compensation is reduced before it becomes the agent’s actual compensation.

The compensation shown in a purchase agreement or MLS, including any additional bonus compensation, is the gross transaction compensation. For most resale transactions, compensation is calculated from the sale price. For new construction, the builder may calculate compensation from a separate base home price while FMLS fees remain based on the sale price. Brokerage fees, MLS fees, referral fees, transaction expenses and other business costs may be deducted before the agent is paid.
For new construction, enter the builder's base amount. Leave at $0 to use the sale price.
Other Transaction Costs
Transaction Fee
Franchise Royalty
Marketing Expense
Administrative Expense
How the Compensation Is Allocated
Commission Base Amount Used Builder's base amount for new construction; otherwise the sale price
$0.00
Base Transaction Compensation Commission base amount × compensation percentage
$0.00
Bonus Compensation Additional compensation added to the transaction
+$0.00
Total Gross Transaction Compensation Base transaction compensation + bonus compensation
$0.00
Brokerage Fee Paid to the brokerage from gross compensation
-$0.00
FMLS Fee Calculated from the sale price
-$0.00
Referral Fee Applies only when a referral agreement exists
-$0.00
Other Transaction Costs No additional costs selected
-$0.00
Estimated Agent Compensation Before Taxes This is the estimated amount remaining after the deductions shown above.
$0.00
0%
Federal, State & Other Taxes Estimated taxes calculated from compensation before taxes.
-$0.00
30%
Estimated Agent Compensation After Taxes Estimated amount remaining after expenses and taxes.
$0.00
75%
Total Take-Home % of Gross Compensation After Expenses & Taxes
0%
Client explanation: The gross compensation associated with a transaction is not the same as the agent’s take-home compensation. The agent operates as an independent real estate professional and is responsible for brokerage charges, MLS fees, referral obligations, business expenses and taxes.