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Need a spreadsheet for computing commissions with multiple variables

  1. #1
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    Need a spreadsheet for computing commissions with multiple variables

    My employer is looking for a spreadsheet to automatically calculate real estate commissions between himself(broker) and the agents on the team. Commission splits(see below) vary depending on the type of lead, # of transactions (sales), and resets yearly. Not sure if anyone has seen something like this. Any ideas would be greatly appreciated!

    Commission Splits between Broker and Agent/# of Transactions at specific % rate

    Agent Procured Lead:

    70% to agent up to 10 trans.
    80% to agent for 11+ trans.
    *Transaction totals reset on anniversary of agent joining team.


    Team Procured Lead:

    55% to agent up to 10 trans.
    60% to agent for 11-20 trans.
    65% to agent for 21+ trans.
    *Transaction totals reset on anniversary of agent joining team.
    Last edited by RealBroker; 08-17-2011 at 11:26 PM. Reason: requested by admin

  2. #2
    Valued Forum Contributor tlafferty's Avatar
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    Re: Anybody seen a spreadsheet that can do this?

    This is definitely possible, but before I can tackle it, you must change your post title to something more specific in order to comply with forum rule #1:
    1. Use concise, accurate thread titles. Your post title should describe your problem, not your anticipated solution. Use terms appropriate to a Google search. Poor thread titles, like Please Help, Urgent, Need Help, Formula Problem, Code Problem, and Need Advice will be addressed according to the OP's experience in the forum: If you have less than 10 posts, expect (and respond to) a request to change your thread title. If you have 10 or more posts, expect your post to be locked, so you can start a new thread with an appropriate title.

    To change the title of the thread, click EDIT on the original post, then click the Go Advanced button, then change the title. If two or more hours have passed, the EDIT button will not appear, and you need to ask a moderator to change the title.
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    Thomas Lafferty
    Analyst/Programmer

  3. #3
    Valued Forum Contributor tlafferty's Avatar
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    Re: Need a spreadsheet for computing commissions with multiple variables

    Thank you - I should also have asked if you could post a sample workbook...sorry...

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    Re: Need a spreadsheet for computing commissions with multiple variables

    Worksheet is attached. Thanks for your help!
    Attached Files Attached Files

  5. #5
    Valued Forum Contributor tlafferty's Avatar
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    Re: Need a spreadsheet for computing commissions with multiple variables

    See if the attached will get what you need. I added a "helper" column to determine whether or not the sales date was prior to one year from the 1/6/2011 date + 1 year (ie 1/6/2012), then used pivot tables and VLOOKUP for commision %.
    Attached Files Attached Files

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    Re: Need a spreadsheet for computing commissions with multiple variables

    Thanks Thomas! This looks perfect. Really appreciate your help!

  7. #7
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    Re: Need a spreadsheet for computing commissions with multiple variables

    Hi, great spreadsheet.

    I was wondering if this sheet could be tweaked some to determine commodity splits in closing transactions for corn. rice, sugar and wheat sales globally.

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