The Real Estate Professor — Free Tools

Commission Savings Calculator

The easy math the industry hopes you never run

By Mark Hasfurter — Remodeling since 1988 · Broker since 2000 · General Contractor

On a typical sale, the commission is the single largest fee you'll ever pay for a service — and most sellers never actually run the number. So let's run it. Enter your expected sale price and compare the traditional route against the system I've used for years: a flat-fee MLS listing, a professional pre-appraisal, a real estate attorney at closing, and — if you choose — a buyer's-agent "lifeline" that keeps agent traffic coming to your door.

Traditional route costs
Your route costs
You keep

The honest version of FSBO

Notice this isn't "pay nobody." It's stop paying for what you can do yourself, and keep paying for what brings buyers. The flat-fee listing puts your home on the same MLS every agent uses — it feeds Zillow and every major portal. One warning from experience: read the fine print, because some flat-fee companies post an extra fee at settlement — I've seen an additional 1 percent hiding on a closing statement. Ask before you sign.

The lifeline is strategy, not charity. Since the law changed, sellers no longer automatically pay the buyer's agent — which puts those agents under tremendous pressure to ask someone they just met to pay for their services. Offering 2 to 2.5 percent, stated right in your marketing, removes that awkwardness and maximizes your showings. Set it to zero in a hot market and see the difference; that's a strategic decision, not a default.

Mark's rule: In decades of listings, I never sold a home at an open house. Skip it — a $25 combination lockbox and two screening questions do the real work.

More free tools: Mortgage Calculator · Deal Analyzer · FSBO Net Proceeds · Repair Costs · All calculators.

The teaching houses: Financing · Contract Jargon · Home Lifespans — tap the roof, learn the language.

Want a pro in your corner? See my flat-fee consulting services — I walk you through buying or selling without a traditional agent.