- In Commission Management, click on the Commission icon, then on Agency agreements.
- Click on Add new agreement.
- In the New agreement drawer, select a project from the Project field. If you can’t find your project name from the dropdown list, you will need to create one on the Showroom project setting.
- Select an Agreement period.
- Select an Agency.
- Enter a keyword (if any) and press enter.
- Upload an Appointment letter. (optional)
- Click Next.
- Click on the + icon to create a new Commission scheme or select an existing scheme from the dropdown.
- If you are creating a new scheme, select either Tiered commission or Flat/ fixed commision.
Read more on:
How do I create a Flat/ fixed rate commission scheme? →
How do I create a Volume commission scheme? →
- Select an existing scheme if you have already created one prior to the agreement setup.
- Once you have applied a scheme, click Next.
- Define the payment terms for Conventional loan/ LPPSA. For the 1st payment, select one or multiple conditions from the list of options.
- Enter a commission percentage. Click on the + icon to add a subsequent payment condition. The minimum total commission percentage must be 100% in order to proceed to the next step.
- Click Next.
- Define the payment terms for Cash buyer.
- Click Next.
- Since Buyer Referral Scheme does not apply to an Agency Agreement, by default, the setting is turned off.
- Select a SST Commission Type.
- Click on Preview Calculation. This is a calculation sample based on your settings.
- In the Calculation tab, enter value into the required fields to preview calculation for the Full agency commission and for the Total commission, under Invoicing amount.
- How does Preview Calculation for Tiered commission work? →
- How does Preview Calculation for Flat/fixed rate commission work? →
- How does Preview Calculation for Volume commission work? →
- Click on the Summary tab to view on your settings summary.
- To make any changes on the agreement, you can click on Back to navigate to the section that you want to make changes on.
- Click on Create, if you have set up correctly.
Once an agreement is created, the commission calculation and claim processing will start running.