Note that for a transaction that is Our Listing - CoBroke sale, the checkbox next to our seller is checked off, and the checkbox next to our buyer is not checked off
If your office requires you to track cobroke commission,
Before you started working on the Commission page, a user may have entered all the agents on the Agent submenu page - using these steps:
The agent added to the Agents page will also be added to the list of agents in the Commission page
To add an agent to the adjusted list commission,
If agents are not added, user can add/modify agents on the transaction on the Commission page - using these steps:
As new agents are added on the list, the $ % column and award % column will adjust and keep a total of 100% allocation for both the amount and the award
The list of agents in the Commission page will be the same list of agents in Agents page.
To add a CoBroke agent and office
Cobroke office will automatically be filled in once cobroke agent is selected
The cobroke office and cobroke agent will be added on the list.
In the Commission page for a CoBroke listing, the values on the commission settings are usually set to $0.00 when user first open the page. Commission page may already have list of agents that are involved in the transaction with the given $ % and award % values for each agent.
In a CoBroke listing, the box our seller should not be checked.
The selling commission of $15,000 is repeated at the top of the adjusted sell commission and distributed to the agents on the list with an amount based on the $ percentage values.
See instruction above To add a CoBroke agent and office *
When user first open the Commission page, the values may all be set to $0.00. The page may have already a list agent, sell agent (maybe even the referral company) that are involved in the transaction with the given $ % and award % values in each agent and $ % in each referral company.
Note: our seller and our buyer box should both be checked.
The listing agents and buyer agents in Agents page are the same on the Commission page.
On the Commission sub menu
Referrals are taking off on the amount on top of the commission $ values. This will be given to the different referral companies that are listed.