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Commissions at Project Stage

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Previous: Commissions at Listings stage

Once you receive a successful offer for the listing, the status of the listing is set to closed and you click the convert button on the listing to create a project record.

  1. Go to the Projects tab on the top and select the project.

  2. Scroll down the detailed view of the selected listing to see the commission record that is carried over from the listing.

  3. Also notice that the pipeline section is updated with total commission and its probability. Probability is now increased to 75%. The probability can be changed as the deal goes through the escrow process. Example: The pipeline commission at project stage is $168,750 ($225,000*0.75) for the same deal.

  4. The commission is now further down the revenue pipeline in the commission pipeline report.The commission from this project is added to the Active Pipeline report only when the status of the project is not dead.

  5. At the end of this stage, the deal is converted into a comp and the commission is then moved out of the pipeline as it is now closed.

 

 

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