When you're closing a real estate transaction, your commission isn't always the amount you actually take home.

Expenses such as transaction coordinator fees, brokerage fees, referral fees, and other adjustments can affect your final earnings.

With Commission Adjustments in AGENTVIEW, you can keep track of these amounts and see how they affect your commission, all within your Commission Tracker.

Step 1: Open Your Commission

1. From the left navigation menu, click Commission Tracker.

2. Create a new commission record or open an existing one.

3. Locate the commission details and Adjustments section.

Here, you can review your commission calculations and add any additional fees or credits associated with the transaction.

Step 2: Enter Your Commission Details

AGENTVIEW offers two ways to calculate your commission.

Commission-Based Calculation

If your commission is based on the property's sale price, enter:

• Sale Price: The final selling price of the property.

• Commission Percentage: The commission rate for the transaction.

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

AGENTVIEW automatically calculates your base commission using these values.

Amount-Based Calculation

If you're receiving a fixed commission instead of a percentage, simply enter the agreed commission amount.

This becomes your base commission before additional adjustments.

Step 3: Add Commission Adjustments

Once your base commission is entered, scroll to the Adjustments section.

1. Click + Add to create a new adjustment.

2. Enter a Label describing the fee or credit.

3. Select the adjustment Type:

   • Subtract: Deducts money from your commission.

   • Add: Increases your commission.

4. Enter the Amount in dollars.

You can add multiple adjustments to the same commission record.

For example, you might enter:

• Transaction Coordinator Fee — Subtract $500

• Broker Fee — Subtract $1,000

• Commission Credit — Add $300

Each adjustment appears as a separate item, making it easy to see how your commission is being affected.

Step 4: Review Your Net Commission

As you enter your adjustments, AGENTVIEW calculates your Net Commission.

Your net commission represents your base commission after the fees and credits you've entered have been applied.

Here's an example:

In this example, your base commission starts at $10,000. After subtracting fees and adding the credit, your net commission is $8,800.

This gives you a clearer picture of what you'll earn from the transaction before any other expenses or taxes not included in your adjustments.

Step 5: Edit or Remove Adjustments

Transaction details can change before closing, and AGENTVIEW makes it easy to update your commission records.

To make a change:

1. Open the commission record.

2. Find the adjustment you'd like to modify.

3. Update its label, amount, or adjustment type.

4. To remove an adjustment, click the X next to that entry.

5. Click Update Commission to apply your changes.

Your Net Commission will reflect the updated adjustments.

Step 6: Save Your Commission

Once you've reviewed your commission details and adjustments, click Save to store your commission information.

AGENTVIEW saves your individual adjustments along with the calculated Net Commission so you can reference them later.

Keeping Your Commission Records Accurate

Commission Adjustments can help you understand how much you're earning from each transaction and keep your financial records organized.

A few helpful practices:

• Record All Fees: Include applicable transaction coordinator, broker, referral, and other transaction-related costs.

• Use Clear Labels: Give adjustments descriptive names so they're easy to recognize later.

• Avoid Double-Counting: Don't subtract fees already included in your base commission calculation.

• Review Before Closing: Double-check your commission amounts and adjustments as transaction details change.

Quick Tip: Make it a habit to review your commission adjustments before every closing. Keeping your Commission Tracker updated helps you understand your earnings and maintain more accurate records of your real estate business.