Learn how to manage commission payments for multi-stage project sales, including initial deposits and final settlements.

This article covers:

About multiple commission payments

For “off the plan” projects, commissions are often paid in stages, typically once at the beginning and again upon completion.

Note: There is no limit to the number of commission stages in a project.

How to process multiple commission payments

Manage commission payouts across different stages of a project, from initial deposit to final settlement. Follow these steps to ensure accurate reporting and smooth handling of multi-stage transactions.

Step 1: Enter initial sale details

Go to: The property profile that is marked as Conditional/Under Offer, enter sale details as usual. This represents the first stage of commission
If using the Sales Trust module, receipt deposit monies into the trust

Step 2: Review history

To view the transaction details:

Under the General tab > Click the Other tab > History
Confirm that the property is now in Unconditional status

Step 3: Initiate split settlement

If you don’t have access to the following, please contact the support team. However, if you do not use it, proceed to step 5.

Click Split Settlement (part commission paid out)
Confirm your choice > Select Yes/Continue to proceed

Note:

The original transaction is considered “settled” for reporting purposes
Unlike full settlement, trust and advertising ledgers do not need to be zero. Outstanding items carry over to the new property life

Step 4: Verify success

A success message will appear
Click Proceed to Property. The property remains at Unconditional, but a new “life” is active in the background

Step 5: Update stage 2 details

Return to the History tab to confirm the transfer of the Stage 1 deposit
Under the General tab > Select Modify Sale Details and enter:

New commission payable
Revised settlement date - This keeps the original Stage 1 payout intact