Real estate transactions don't always go exactly as planned. A sale price might change, a commission split may need adjusting, or additional fees could come up before closing.

With the AGENTVIEW Commission Tracker, you can update your commission details at any time and see how those changes affect your expected earnings.

Here's how to edit an existing commission.

Step 1: Open Your Commission Details

1. Navigate to the Commission Tracker in AGENTVIEW.

2. Find the transaction you'd like to update.

3. Select the transaction to open its Commission Details page.

You'll see the transaction information, commission amounts, adjustments, and calculated Net Commission.

Step 2: Update Your Transaction Information

At the top of the Commission Details page, you can review and update important information about your transaction.

Available fields include:

• Transaction Name: Update the name used to identify the transaction.

• Transaction Type: Modify the type of transaction.

• Transaction Status: Update its current stage, such as Active, Pending, or Sold/Leased.

For example, if a property has moved from Pending to Sold, you can update its status to keep your commission records current.

Step 3: Edit Your Commission Amount

Depending on how you originally created your commission, AGENTVIEW provides two calculation methods.

Commission-Based Transactions

If your commission is calculated using a percentage, you can update:

• Sale Price: The property's current selling price.

• Commission Percentage: The commission rate for the transaction.

• Your Split Percentage: The portion of the commission you receive.

AGENTVIEW automatically recalculates your base commission as you update these values.

Amount-Based Transactions

If you're receiving a flat commission, you can update:

• Flat Commission Amount: The agreed commission amount.

• Sale Price: The property's selling price, recorded for reference.

Your flat commission amount will be used as the base commission.

Step 4: Add or Update Commission Adjustments

Sometimes your commission includes additional expenses or credits that affect your final earnings.

In the Adjustments section, you can manage items such as transaction coordinator fees, brokerage fees, referral fees, and commission credits.

To edit an existing adjustment:

1. Find the adjustment you'd like to change.

2. Update its Label, Type, or Amount.

3. Review the updated commission calculation.

You can also:

• Click + Add to include another fee or credit.

• Choose Subtract to deduct an amount from your commission.

• Choose Add to increase your commission.

• Click the X next to an adjustment to remove it.

Example: If your transaction coordinator fee increases from $400 to $500, simply update that adjustment. AGENTVIEW will recalculate your Net Commission to reflect the additional $100 deduction.

Step 5: Review Your Net Commission

As you make changes, AGENTVIEW automatically updates your Net Commission calculation.

Your Net Commission is calculated by taking your base commission, subtracting applicable fees, and adding any credits you've entered.

For example:

This helps you understand how changes to your transaction affect your expected earnings.

Remember, your Net Commission reflects the adjustments recorded in AGENTVIEW and may not include taxes or other expenses outside the transaction.

Step 6: Save Your Changes

Once you've finished updating your commission:

1. Review the transaction information and commission amounts.

2. Check your adjustments and calculated Net Commission.

3. Click Save to apply your changes.

AGENTVIEW will save your updated commission information, individual adjustments, and calculated Net Commission.

Important: Although commission calculations update as you make changes, those changes are not saved until you click Save.

Helpful Tips for Managing Your Commissions

• Keep Your Records Updated: Review your commission whenever a sale price, split, or transaction status changes.

• Track Additional Fees: Record transaction-related deductions and credits to get a clearer picture of your expected earnings.

• Avoid Duplicate Deductions: Make sure you're not subtracting fees that have already been included in your commission calculation.

• Review Before Closing: Double-check your commission details and adjustments before the transaction closes.

Quick Tip: Get into the habit of updating your Commission Tracker as your transactions progress. Keeping your commission records current makes it easier to monitor your earnings and plan your real estate business finances.