BrokerSumo gives you the ability to split a commission between up to 4 agents on each side of the transaction (listing and selling side, so up to 8 agents total). There are two ways to split the commission, either by brokerage gross commission or by agent commission. This article will review the differences and the steps for each.

Split by Brokerage Gross Commission

When you are adding a new transaction, first choose your first agent by selecting their name in the drop down menu:

Whenever you select an agent you'll see their default commission plan in the Commission Plan drop down. If you need to change their commission for this specific deal you can choose a different plan from your list of plans. We recommend you add a flat fee 100% commission plan as often those are needed in commission split scenarios.

To add another agent click the Add Another Agent link. You'll be prompted to choose whether you want to split by Brokerage Gross Commission or Agent Commission and by percentage or dollar amount. For this example we'll use Brokerage Gross Commission and percentage.

Once you've added the next agent, you'll need to enter Agent #2's split %. If they get 10% of the brokerage gross commission enter 10 here. Agent #1's % (which you'll see above is shown currently as 100) will auto-calculate after you've enter Agent #2's split %. 

To add another agent, just repeat the same process.

The system will continue to adjust Agent #1's share of the deal until you are done adding agents. You can add up to 4 agents to one side of the deal. To split by dollar amount the process is exactly the same except instead of entering percentages, you'll enter dollar amounts for each agents share. Make sure you confirm that each agent's commission plan is correct. For example, for Bart Simpton's share above, he gets 25% of the brokerage gross commission, which let's say is $10,000, so Bart will get $2,500. But then a 80% split will be applied to his $2,500 so he'll get a net of $2,000. Here is how it will look on the commission disbursement.

Split by Agent Commission

This function works a bit differently. When you choose to split by the agent's commission, it will take Agent #1's commission split of the brokerage gross commission and then you can split that amount between additional agents. As an example, if the brokerage gross commission is $10,000, and Agent #1 gets 80%, they get $8,000. Then, when you begin splitting the commission between additional agents, it will use the $8,000 as the number to split off of. So if you enter another agent, and enter 10% for their split, they will get $800, 10% of $8,000, so Agent #1 is down to $7,200. If you add another agent and they get 25%, they will get $2,000, 25% of $8,000. Now Agent #1 gets $5,200, Agent #2 gets $800, and Agent #3 gets $2,000, for a total of $8,000.

When you are adding a new transaction, first choose your first agent by selecting their name in the drop down menu:

Whenever you select an agent you'll see their default commission plan in the Commission Plan drop down. If you need to change their commission for this specific deal you can choose a different plan from your list of plans. We recommend you add a flat fee 100% commission plan as often those are needed in commission split scenarios.

To add another agent click the Add Another Agent link. You'll be prompted to choose whether you want to split by Brokerage Gross Commission or Agent Commission and by percentage or dollar amount. For this example we'll use Agent Commission and dollar amount.

In the Agent Split field, you'll see that the agents commission has been auto-calculated at $8,000, which is 80% of the $10,000 commission on this deal.
Now add an additional agent. Once you've added the next agent, you'll need to enter Agent #2's split dollar amount. So if they get $800 of the agent's commission enter 800 here. Agent #1's % (which you'll see above is shown currently as $8,000) will auto-calculate after you've enter Agent #2's split amount. 

To add another agent, just repeat the same process.

The system will continue to adjust Agent #1's share of the deal until you are done adding agents. You can add up to 4 agents to one side of the deal. To split by percentage the process is exactly the same except instead of entering dollar amounts, you'll enter percentages for each agents share. Make sure you confirm that each agent's commission plan is correct. For example, for Donald Duck's share above, he gets $800 of the agent's commission, which is $8,000, so Donald will get $800. But then a 70% split will be applied to his $800 so he'll get a net of $560. Here is how it will look on the commission disbursement.

Reporting 

When you split up commissions using this function, the system will also split up the sales volume and brokerage commission between the agents based on their split allocation on your reports. So if you have a $100,000 sales price and a $3,000 commission split 80% and 20% between two agents, on the reports the first agent will show a sales volume of $80,000 and a gross commission of $2,400 and the second agent will show a sales volume of $20,000 and a gross commission of $600.

To learn how to split up commissions between agents without crediting the additional agents on the reports, click here.

If you have questions about how to make a commission split work, please email the details to us. Please be very specific and provide us the final numbers, the splits, any fees, etc... and we'll be sure and get back to you with an explanation of how to set these up so they run correctly. 

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