Brokerages can now define commission plans in Deduction Manager to split gross commission across tiers, components, and payees (brokerage, agents, vendors, and referring agents).
- Create tiered plans by commissions earned or deals completed, assign them to realtors from the plan list or realtor profile, and activate or deactivate plans as needed.
- Commission review, Trade Record Sheets, and payments calculate plan deductions with a tier overview and predicted deductions for future periods.
- Plan components flow through autopay, manual payments, withholdings, EFT, and RealDesk Accounting sync.