Setup Percentage Fee with Min/Max Values

Overview:

In this article, we'll cover how to setup a commission schedule percentage fee that also needs to have a minimum and/or maximum value set.

• Ability to set a minimum amount or maximum amount or both on a fee that calculates off of a % of another value
• Use-Case example:
  • An agent gets charged a fee that is 10% of GCI on every deal, but must pay at least $50 regardless of GCI amount, and also can never pay more than $500 regardless of GCI amount.

Quick Reference:

Link to Full Step-by-Step Guide