Convert the commission rate to a decimal before multiplying.
Texas commission split cheat sheet
Built for Texas sales agent exam prep. Follow the commission chain, keep each split attached to the right base, and stop at the exact number the question asks for.
Use this when the commission is split between listing and selling brokers.
The agent split usually applies to that agent's broker side.
Subtract a flat fee only when the problem says it comes out of the agent share.
Use this when the question gives commission and asks for sale price.
Work backward through the same chain when the final agent share is given.
The exam setup rule
- Name the final ask before calculating.
- Convert every percentage to a decimal.
- Find total commission unless the stem already gives it.
- Apply the broker side before the agent split.
- Subtract a fee at the end only when the stem says to.
Four worked examples
$375,000 x 0.06 = $22,500 total commission.
$22,500 x 0.50 = $11,250 broker side.
$11,250 x 0.70 = $7,875 gross. $7,875 - $350 = $7,525 net.
($7,525 + $350) / 0.70 / 0.50 / 0.06 = $375,000 sale price.
Traps to check
- Do not apply the agent split to the whole commission when a broker side split is given.
- Do not stop at total commission when the question asks for agent share.
- Do not subtract flat fees before the broker side and agent split are complete.
- Do not use 6 for a 6% commission rate. Use 0.06.
- Do not use this chain for a net-listing law question. This sheet is for percentage commission split math.
- Do not treat any commission rate as required. Use the rate in the question.
Sanity check
- Each split should reduce the amount unless the percentage is 100%.
- Agent net should be lower than agent gross when a fee is deducted.
- A reverse problem should recreate the original sale price if you multiply forward again.
- On forward problems, each split below 100% should reduce the amount. On reverse problems, dividing backward should recreate the larger starting sale price.
Use the calculator, Math Coach, Trap Library, and Texas-specific questions at passtexasrealestate.com.