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Split by Brokerage Gross Commission
When you are adding a new transaction, choose the first Agent by selecting their name in the drop-down menu.
When you select an Agent you'll see their default commission plan to the right, in the Commission Plan drop-down.
It's recommended to add a 100% flat-fee commission plan (as it may be needed in the future).
A Sales Volume Accredited box will appear under the Agent name. This will default to 100% sales volume for the Agent and can be edited to a lower amount if needed.
To learn more about how Sales Volume Accredited reflects in your reporting, click here.
To add an Agent click 'Add Another Agent' at the bottom left.
You'll be prompted to choose how you would like to split the commission and by a percentage or dollar amount.
Once you've added the next Agent, you'll need to enter Agent #2's split percent or flat amount. The system will adjust Agent #1's share of the deal automatically based on what is entered for the secondary Agents.
The Sales Volume Accredited box to the right will auto-adjust to the commission split but may be edited to a lower amount.
Please Note: The Sales Volume Accredited may never exceed 100.
Make sure to confirm that each Agent's commission plan is correct.
Split by Agent Commission
When you choose to split by the Agent's commission, the first Agent's gross commission is calculated via their split. Any subsequent Agent commission splits are based on Agent #1's gross.
As an example, if the brokerage gross commission is $10,000, and Agent #1 gets 80%, they will have an $8,000 gross commission. The $8000 will be the amount that the additional Agents' commissions are based on. If you add another Agent at 10% of the Agent's gross commission they will have 10% of the original $8000 (totaling $800). This leaves Agent #1 with a $7200 gross commission.
When you are adding a new transaction, choose the first Agent by selecting their name in the drop-down menu.
When you select an Agent you'll see their default commission plan to the right, in the Commission Plan drop-down.
It's recommended to add a 100% flat-fee commission plan (as it may be needed in the future).
A Sales Volume Accredited box will appear under the Agent name. This will default to 100% sales volume for the Agent and can be edited to a lower amount if needed.
To learn more about how Sales Volume Accredited reflects in your reporting, click here.
To add an Agent click 'Add Another Agent' at the bottom left.
You'll be prompted to choose how you would like to split the commission and by a percentage or dollar amount.
Once you've added the next Agent, you'll need to enter Agent #2's split percent or flat amount. The system will adjust Agent #1's share of the deal automatically based on what is entered for the secondary Agents.
The Sales Volume Accredited box to the right will auto-adjust to the commission split but may be edited to a lower amount.
Please Note: The Sales Volume Accredited may never exceed 100.
Make sure to confirm that each Agent's commission plan is correct.
To split by dollar amount the process is the same - except instead of entering the percentage, you'll enter the dollar amount for each Agent's share.
To learn more about how to split up commissions between agents without crediting the additional agents on the reports, click here.