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.
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