Where do commissions come from, and what are the four dollar states?
Download MarkdownCommissions come from your recorded closings. When a closing event is recorded on a deal, the engine computes the commission from your plan (the deal code, role, calculation basis, and rate) and it appears on the ledger. Nobody ty
Commissions come from your recorded closings. When a closing event is recorded on a deal, the engine computes the commission from your plan (the deal code, role, calculation basis, and rate) and it appears on the ledger. Nobody types the numbers into a spreadsheet.
Each entry shows one of these statuses: Pending (the entry exists, but no closing event has been recorded yet for that close), Earned (the closing event is recorded; base pay, bonuses, and adjustments start here), Approved (the account owner or a workspace admin approved it), and Paid (the owner or an admin marked it paid). A fifth status, Forfeited, is used only for quarterly square-ups, when the member is inactive or no longer on the team at Mark paid, or is not eligible when the quarter is settled. Commissions are real dollars, not credits, and the ledger is append-only. If a commission did not appear, confirm the closing event was recorded and a deal code matches the role and exit.
Related Articles
- When does a transaction coordination workfile get created?Automatically. One workfile is created per property, the moment the deal exists (and by the time it is under contract), so coordination never depends on someone remembering to spin one up. You never create it by hand.
- What date should I enter first on a workfile?The ratification date, on the workfile's Overview tab. The deadline engine uses it to compute most task due dates, so setting it correctly puts the whole schedule on the right timeline.
- Why are there two earnest-money deposits on a deal?Because a wholesale or double-close deal has two: the seller-side EMD you put up, and the buyer-side EMD your buyer puts up to you. Losing track of either is a common way deals fall apart.
- How do external emails to sellers and buyers get sent from a workfile?Never automatically. You trigger a one-click template, then a compose-before-send modal shows you the exact email with merge fields resolved, an editable subject and body, a fixed recipient, and a wire-fraud warning footer that is