Printable cheat sheet

    Florida seller net and required sale price cheat sheet for 2026

    Built for Florida sales associate exam prep and reviewed June 21, 2026. Keep payoff, commission, deed stamps, and percentage costs in the right bucket before solving forward or backward.

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    Seller netSale price - costs

    Costs can include payoff, commission, deed stamps, fixed costs, and percent costs.

    CommissionSale price x rate

    Use only the rate given in the stem. Rates are negotiable.

    Deed stampsSale price / 100, round up, x rate

    Most counties use $0.70 per $100 or part. Miami-Dade uses $0.60 for single-family and $1.05 for non-single-family transfers.

    EquityValue - loan

    Equity is not seller net because selling costs still have to come out.

    Required priceTarget net worked backward

    Percentage costs rise as the solved price rises.

    Plug-back checkSolved price - costs = target

    The best reverse check is to run the forward seller-net formula.

    The exam setup rule

    1. Name the final ask: seller net, equity, or required sale price.
    2. Separate payoff from selling costs.
    3. Calculate percentage costs from the sale price.
    4. Calculate deed stamps from the sale price or stated consideration, using the county/property rate and rounding correctly.
    5. For required price, solve backward and then plug the price forward.

    Five worked examples

    Forward seller net$425,000 sale, $298,000 payoff, 6% commission, $3,200 fixed costs, no percent costs

    Commission is $25,500. Deed stamps are $2,975. Net is $425,000 - $329,675 = $95,325.

    Deed stamps$425,000 sale, most Florida counties

    $425,000 / 100 = 4,250 units. 4,250 x $0.70 = $2,975.

    Equity is not net$425,000 value, $298,000 payoff

    Equity is $127,000 before commission, stamps, and selling costs.

    Required price$85,000 target net with payoff and percent selling costs

    With $298,000 payoff, $3,200 fixed costs, 6% commission, 1% seller costs, and most-county stamps, the required price is about $418,418.82. Round up to $418,419 if choices are whole dollars.

    Plug-backSolved price from a target-net question

    Run the forward seller-net formula. If net is below target, the required price is still too low.

    Traps to check

    1. Do not confuse equity with seller net.
    2. Do not forget seller-side deed documentary stamps.
    3. Do not subtract the loan payoff twice.
    4. Do not solve required sale price by adding only fixed costs when percentage costs are present.
    5. Do not treat seller-net math as a net listing. This cheat sheet is for seller proceeds questions.

    Sanity check

    1. Higher payoff should lower seller net.
    2. Higher commission or deed stamps should lower seller net.
    3. Required sale price should be higher than target net plus payoff when selling costs exist.
    4. Plugging the required sale price back into the forward formula should recreate the target net.
    5. If a cost increases net, you put it on the wrong side of the formula.
    Practice the pattern Pass Florida drills seller net, reverse price, and closing-cost traps.

    Use the calculator, Math Coach, Trap Library, and 1,002 Florida-specific questions in the Pass Florida app.

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    Sources reviewed June 21, 2026: DBPR Real Estate Sales Associate Candidate Information Booklet, DBPR Examination Information, Pearson VUE Florida Real Estate exams, Florida DOR documentary stamp tax guidance, F.S. 201.02, and FTC real estate competition guidance. For exam prep only, not legal, tax, brokerage, title, financial, or closing advice. Pass Florida is independent exam prep and does not provide licensing credit, use copied exam questions, or guarantee a passing score.

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