Rental Commission Calculator





Formula

To calculate the rental commission:

\[ RC = AR \times \frac{C}{100} \]

Where:

Rental Commission Definition

A rental commission is defined as the total value earned by a real estate agent from the sale of a rental property.

Example Calculation

Let's assume the following values:

Step 1: Convert the commission rate from percentage to decimal:

\[ \frac{C}{100} = \frac{10}{100} = 0.10 \]

Step 2: Multiply the annual rent by the commission rate:

\[ RC = 24,000 \times 0.10 = 2,400 \text{ dollars} \]