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Rental Commission Calculator

If you want to determine the commission earned by the real state agent, then you can use our rental commission calculator.

What is Rental Commission?

A rental commission is determined as the absolute commission earned by an agent of real estate in the context of selling a property on rent. If a one-month rent of a property is $1000, then the fee is normally divided into 50/50 between the tenant and the property owner. However, It all relies on the agreement.

 

Formula Of Rental Commission Calculator

If you want to determine the commission earned by an agent, you can use the formula listed below, or jump to our rental commission calculator.

RC = MR * C

Where,

RC = Rental Commission

MR = Monthly Rent

C = Commission (in %)

Note:

To calculate commision, you can use our Commision Calculator.

Example

For a more precise understanding, let us solve an example listed below:

Suppose the annual rent for the property is 12000$ and the commission is 50% of the monthly rent. Then find out the rental commission earned by a property dealer.

Given data

AR = Annual Rent = $12000
MR = Monthly Rent = 12000/12 = $1000
C = Commission (in %) = 50%

To Find

RC = Rental Commission = ?

Solution

To find the rental commission, we will use the formula listed below:

RC = MR * C

Putting values in the above formula:

RC = $1000 * 50% = $500

How to use Rental Commission Calculator?

The steps to use rental commission calculator are as follows:

Step 1: Enter the value of monthly rent in the required input.

Step 2: Enter the value of a commission in the required input.

Step 3: The calculator will automatically display an answer on the screen.

Calculator Use

You can use our rental commission calculator in various daily life principles to instantly determine the commission earned by a rental state agent.