Learning Center
The seller net proceeds calculator.
List price is the headline; net proceeds are the truth. Sketch what you'd actually walk away with — payoff, the commission you negotiate, Washington's graduated excise tax, and closing costs, all itemized in the open.
Computed on the graduated state brackets shown below the calculator — each rate applies only to the slice of price inside its band. Some cities add a local REET on top.
Estimated net proceeds
$395,065
you keep about 46% of the $850,000 sale price
- Mortgage payoff
- −$400,000
- Commission
- −$42,500
- WA state REET (graduated)
- −$9,935
- Title & escrow allowance
- −$2,500
- Pre-sale prep & repairs
- −$0
- Seller concessions
- −$0
- Estimated net proceeds
- $395,065
Educational estimate only — not a settlement statement, quote, or tax advice. Actual commission, excise tax (including any local city REET), title, escrow, and payoff figures come from your listing agreement, escrow officer, and lender.
How is Washington’s excise tax calculated here?
As graduated marginal brackets — each rate applies only to the portion of the sale price inside its band, exactly like income-tax brackets. These are the Washington state-portion rates the calculator uses:
| Portion of sale price | State rate |
|---|---|
| Up to $525,000 | 1.10% |
| $525,000 – $1,525,000 | 1.28% |
| $1,525,000 – $3,025,000 | 2.75% |
| Above $3,025,000 | 3.00% |
Rates and thresholds as of July 2026 — Washington adjusts these periodically, and some cities add a local REET on top of the state portion. Verify your exact excise figure with your escrow officer, or use the calculator’s “enter your own excise amount” override once you have it.
Selling on the water? Houseboats classified as floating-on-water residences (rather than real property) can be excise-taxed differently than the real-estate brackets above — classification is one of the first things we confirm. Start with the houseboat & floating-home guide.
A net-proceeds sketch is step one; the number that anchors it is the sale price. For that, skip the algorithms and request a free pricing opinion on your actual home. Then work the seller prep & staging checklist so the market sees the home at its best, and read our guides to getting the highest price in the shortest time and weighing the offers that follow.
“Linda was invaluable in helping us dispute our latest tax appraisal. She provided us with the data, and how to describe our situation to the Tax Board. Ultimately, the tax appraisal was lowered by over 30%. Her recommendations were specific…”
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