Chapter 6 - Establishing Commission Plans

Summary

This section provides an overview for establishing commission plans for your agents. Pro Gold XP supports various commission plans; however, an agent can only be assigned to one plan at a given time.  Agents can be moved to a different plan when necessary.  You may enter as many plans as needed. 

Flat rate plans are those with only one fixed percentage.  For example, a 100% company would only need one plan set to calculate at 100%.  Companies that have several plans, but all at fixed rates would need a plan for each rate (e.g., 50% Plan, 60% Plan, 70% Plan, etc...) 

Some plans have tiers/levels with a different rate for each level.  Tiered plans must have a parameter associated with the plan that allows an agent, once assigned to it, to be able to progress through the levels.  The following is a list of parameter types tracked within Pro Gold XP:

• Company Earnings (Based on the amount the company receives from the split calculation)
• Agent Earnings (Based on the amount the agent receives from the split calculation; Agent Gross Commission)
• Sales Volume (Based on the selling volume assigned in the Agent Tab of the property record)
• Listing Volume (Based on the listing volume assigned in the Agent Tab of the property record)
• Total Volume (Based on the listing and selling volume assigned in the Agent Tab of the property record)
• Number of Units (Based on the unit amount assigned in the Agent Tab of the property record; 1 unit per side)
• Net Commission (Based on agent’s net check amount; Agent Net Commission)
• Adjusted Gross (Gross Commission Income [GCI] less an outside referral fee)

Requirements

• Your company commission plan information
• Copy of company plan data faxed to TARO

Navigation

• Pro Gold XP Main Menu => Properties Tab => Commission Plans Icon