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Commission (Gross) - Set Up & Application

  • Updated

Gross commission structures can be setup to apply against a listing to calculate the entitled commission for a sale of a property. 

Step by step

1. Go to Financials > Setup/Configuration

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2. Click on the Gross Structure tab > Add New Structure in the bottom right-hand corner

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3. The Add/Edit Gross Commission Structure window will appear as per below, where you are able to add the required details: 

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  • Name: - Add the name of the structure that will be used to apply
  • Classification: - Select what type of properties the structure can be applied to, Residential, Commercial, Business, Rural, Holiday Rental or Land
  • GST: - Tick this box if your structure is including GST inclusive
  • Base: - Add the base amount, i.e. If there is set Admin Fee for each sale, you can add this as a base
  • Sliding Scale: - If there is a standard commission percentage, you will only need to enter the amount (usually $999,999,999) and the percentage to the right

    If the fee is a sliding scale, eg: 3% on the first $300,000 and then 2.5% of the balance click on the green + to the right of the percentage box - This will add another tier to your commission. 

4. Once you have completed your structure, you are then able to click on Save

5. This will then allow you to apply a gross commission structure against a listing within the Contract Details of the property card

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If a gross commission structure has been applied, the system will then automatically calculate the gross commission, within the sales details when processing a sale.

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