Try this. In the table below, enter your expected selling price, your real estate agent's
commission percentage and the amount you still owe on your property. Then click
the "Calculate" button for some surprising results.
How much is $195? You'd have to multiply it times
62
to equal what you'd pay in real estate commissions.
The commission you would pay is $12,000
and comes from
6% of your estimated selling price of $200,000.
You'd be paying 12% of your equity.
That is, you'd be paying a $12,000
commission on $100,000
of equity.
