Realtor Commission Calculator with VAT

Calculate Realtor Commission







Definition

The realtor commission with VAT is the fee paid to the realtor for their services, including the applicable VAT. It is calculated as a percentage of the property's selling price plus the VAT.

Formula

To calculate the realtor commission with VAT, use the following formula:

\[ \text{gross realtor commission} = \text{price} \times C \times (1 + V) \]

Example

Assume a property is sold for €100,000 with a commission rate of 3% and a VAT rate of 23%. The realtor commission with VAT would be calculated as follows:

\[ \text{net commission} = €100,000 \times 0.03 = €3,000 \] \[ \text{VAT} = €3,000 \times 0.23 = €690 \] \[ \text{gross commission} = €3,000 + €690 = €3,690 \]

Therefore, the total the owner of the house receives is €96,310.