WA Real Estate Excise Tax (REET) and Seller Net Proceeds Calculator

WA REET + NET PROCEEDS · 2026

What you’ll pay — and what you’ll netiWashington’s Real Estate Excise Tax is a tax on the sale of real estate — the seller pays it at closing, on the home’s full sale price (not the profit). It’s graduated: a lower rate on the first ~$525K, then higher rates on the portions above $525K and $1.525M, plus a roughly 0.5% local rate. The current bracketed structure replaced Washington’s old flat rate.

Enter your sale price and county for the graduated REET breakdown — then add your payoff and selling costs to estimate the net proceeds you’d actually walk away with at closing.

YOUR REET BREAKDOWN

Bracket 1 — up to $525,000 (1.10%)$0
Bracket 2 — $525,001 to $1,525,000 (1.28%)$0
Bracket 3 — $1,525,001 to $3,025,000 (2.75%)$0
Bracket 4 — above $3,025,000 (3.00%)$0
State REET subtotal$0
Local REET (0.50%)$0
Total REET$0

WHAT YOU’LL NET

Sale price$0
Less total REET$0
Less broker commission$0
Less mortgage payoff$0
Less other costs$0
Estimated net proceeds$0

Paid by the seller at closing. This estimates the graduated state REET + a typical local rate, then subtracts your payoff and selling costs to approximate net proceeds. Commission and “other costs” are negotiable and vary by transaction — verify the exact local REET rate and your closing figures with your escrow officer before relying on a number.

See the full cost-of-selling guide

Your real take-home

Excise tax is one piece of your net. Get a current home valuation to anchor the sale price, and if a buyer can't get a bank loan, my seller-financing calculator shows an owner-carried alternative. The mechanics are explained in Washington REET explained, and the seller's guide ties it together. See all calculators →