# Rental Commission Calculator

Table of contents

How much do realtors charge to find a rental?How to use this rental commission calculator?How do I calculate the residential real estate commission?FAQsWhether you're a real estate agent or a private landlord, you are bound to find this rental commission calculator useful. With its help, you will be able to **find out what is the** **commission** **charged for finding a tenant**.

Unlike our real estate commission calculator, this tool determines the commission for **renting** rather than selling a property.

If, on the other hand, you are a tenant, you might find this commercial lease calculator quite useful.

## How much do realtors charge to find a rental?

The answer will vary depending on what kind of real estate agency you hire and on the type of property. The general rule is that the commission can range from **25% to 150% of one month's rent**.

For example, as a realtor, you can decide to **charge one month's rent** for finding a tenant. If the monthly rent is $600, you will receive exactly this amount.

## How to use this rental commission calculator?

Now that you know how much realtors charge to find a rental, you can use this rental commission calculator to **determine what fee you can expect**. Our tool automatically computes the three most widespread commissions, but if you would like to charge differently, you can also input a custom percentage of the yearly rent.

Want to understand how this tools works? Let's discuss how to perform these calculations by hand.

## How do I calculate the residential real estate commission?

To calculate the rental commission, follow these steps:

- Determine the
**annual rent**for the property. For instance, $12,000 a year. - Divide this value by
**12**to obtain the**monthly rent**:`$12000 / 12 = $1000`

- Decide on the
**commission**. For example, you can demand**half a month's rent**as the fee. - Now, all you need to do is calculate the
**half month's rent**. Divide the monthly rent by two:`$1000 / 2 = $500.`

- Voilà – you have just calculated your rental commission!

🔎 Remember that the monthly rent is not the profit the landlord will make each month – it doesn't consider factors such as operational costs or rent-free months. If you would like to include them in your calculations, take a look at the net effective rent calculator.

### What is the rental commission?

The rental commission is the amount of money paid to a realtor for bringing in a tenant. We often express rental commissions as a percentage of the annual rent or the number of monthly rents.

### Who pays the rental commission?

In most markets, it is the owner of the property who pays the rental commission. However, sometimes the rental commission is split 50-50 between the landlord and the tenant. It all depends on the contract – if you're a landlord, give it some thought!