Transaction Concession Report

Overview:

In this article, we'll cover how to locate and use the Transaction Concession Report. Please find the available resources below.

Permission Level:  Admin 

Report Details:

• The purpose of this report is to provide a breakdown of all transactions where the Gross Commission Income is below the Company's Standard set base rate for a particular time period.
• Metrics Captured on Report:
  • Address, Agents, Side, Close date and Commissions/Accounting Status
  • Sales Price
  • Effective Commission Rate
    • Number is Yellow if less than standard rate but no more than .5% less
    • Number is Red if greater than .5% less than standard rate
      • Example: Base rate is 3%. If effective rate is 2.6%, it will display on report as yellow.
• Displays Expected Gross Commission Income based on Sales Price
• Displays Actual Gross Commission Income received on Transaction
• Displays Commission loss in $ Amount (difference between expected and actual Gross Commission Income)
• Choose from preset time frames like YTD, last month, this quarter or enter a custom date range
• Can filter by offices or group multiple offices together, including all offices

Navigation:

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