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Content is loading, please wait.Private seller scenario tool
This calculator applies only the sale price, written compensation terms, payoff and costs you enter. It does not estimate a Minnesota market rate or predict a closing statement.
Every field starts at zero. Enter terms from a written proposal or your own what-if scenario; this tool does not supply a Minnesota market rate.
Use your lender's payoff estimate, not the statement balance.
Negotiated in the listing agreement.
Enter only an amount the seller is considering or has authorized in writing.
Include only costs shown in a written estimate, converted here to a percentage of sale price. Leave zero if you do not have one.
Inputs stay in this browser calculation. Analytics records only that the calculator was started, never prices, rates, payoffs or proceeds.
Minnesota law requires residential buyer-broker agreements to be written and to include the amount of compensation or the basis for calculating it. The required notice makes the central point explicit: compensation is determined between the individual broker and client.
Minnesota Statutes § 82.70, subdivision 4 allows a seller to authorize the seller's broker in the listing agreement to disburse part of that broker's compensation to another broker, including a buyer's broker solely representing the buyer. It does not make that authorization automatic.
This calculator separates listing-broker compensation from seller-paid buyer-broker compensation, if any, so you can model the written terms in front of you. Each percentage field begins at zero.
Minnesota Statutes § 82.66 requires listing and buyer-broker agreements to state the compensation amount or its calculation basis. Its required notice says compensation is determined between each individual broker and that broker's client.
Minnesota Statutes § 82.70, subdivision 4 says a seller may authorize the seller's broker in the listing agreement to disburse part of that broker's compensation to another broker, including a buyer's broker solely representing the buyer. Whether that applies is transaction-specific and should be confirmed in the written agreements.
It is the estimated amount left after subtracting modeled broker compensation, other closing costs, mortgage payoff, concessions and preparation costs from the sale price. A closing provider's written net sheet will be more complete.
No. Calculations happen in your browser and the values are not submitted to Minnesota Top Agents.