Real Estate Commission invoice template
Real Estate Commission invoice template is used by agents and brokers to bill for commission at closing—typically a percentage of the sale or lease amount. Commission is often split between listing and buyer’s agent (e.g., 50/50) and between agent and brokerage (e.g., 70/30). Post-NAR settlement, buyer-agent compensation is no longer offered via MLS; commission structure may vary. The invoice should show sale price, rate, split, and net due.
Real Estate Commission invoice template Sample
Real Estate Commission invoice template
123 Business Street, City, Country
Phone: (123) 456-7890
Email: contact@company.com
Real Estate Commission invoice template
Bill To:
Client Name
Client Address
Client City, Country
Phone: (987) 654-3210
Email: client@example.com
Invoice #: 12345
Date: 2024-10-10
Due Date: 2024-11-10
| Item | Description | Qty | Price | Total |
|---|---|---|---|---|
| Commission | Listing and sale – 5% | 1 | $7500.00 | $7500.00 |
| Subtotal | $7500.00 | |||
| Tax (10%) | $750.00 | |||
| Total Due | $8250.00 | |||
An invoice should include your business or name, the customer’s details, the date and invoice number, and a line-by-line breakdown of what was provided. Including payment terms—such as due on receipt, Net 15, or Net 30—helps you get paid on time and keeps records clear for taxes.
Supporting resources
| Resource | Type | Description |
|---|---|---|
| National Association of REALTORS® | Trade association | NAR sets standards and advocacy for REALTORS®; commission practices have changed with the 2024 settlement (e.g., no buyer compensation on MLS). |
| Typical commission structure | Benchmark | Historically 5–6% of sale price split between listing and buyer’s agent; each side often split with brokerage (e.g., 70–85% to agent). Structure now varies by agreement. |
| Commission invoice elements | Checklist | Property address, sale/lease price, commission rate, total commission, split (listing/buyer, agent/broker), net amount due to invoicing party, closing date. |
Frequently Asked Questions
- Who receives the real estate commission invoice?
- Typically the listing broker or seller at closing; the invoice shows the commission amount and how it is split among listing agent, buyer’s agent, and brokerages.
- How is commission split shown on the invoice?
- Show total commission, then the portion for each party (e.g., listing side vs buyer’s side, and agent vs brokerage share) and the net amount due to you.
- Has NAR’s settlement changed how I invoice commission?
- Invoicing format is similar; the way buyer’s agents are compensated has changed (no MLS offer of compensation). Your invoice should reflect the agreed commission and splits per your contract.