This area allows you to enter the commission structure that will be used to calculate the commission due when the property is sold and advertising contributions/charges that may be applicable to the listing.

1.       Select the Properties menu function button.

2.       Click on the Listings Option Button

3.       Ensure the appropriate Department is displayed/selected from the Department Drop Down

List. I.e.: Residential. Commercial etc.

4.       Locate the Listing in the grid or see Search for a Listing

5.       Double click to select the Listing and click on the Fees & Charges tab in the Active Window,

6.       In the Calculation Method area, enter the agreed Commission Structure.

7.       Select the option button indicating the method in which the commission is to be calculated: using

the Department Commission Scales or a Fixed Percentage or a Fixed Amount.

8.       If the commission is to be based on the Department Commission Scales,   
          Department Settings select the appropriate option button and enter a discount percentage on 
          these scales if required. Click on the Calculate button. The system will automatically calculate  
          the projected commission for you using the From $ in the General page. 
 

9.       If the commission is to be based on Fixed Percentage, select the appropriate option button

and enter this figure in the Fixed % field. Click on the Calculate button. The system will automatically calculate the projected commission for you using the From $ in the General page.

10.     If the commission is to be a Fixed amount, select the appropriate option button and enter this

figure in the Commission Amount field.

11.     If the GST inclusive on commission checkbox is ticked the system assumes 1/11^th of the

projected commission above is the GST component. Deselect this switch if the above projected commission is not inclusive of GST. In this case the system will add 10% when it recalculates on the actual sale price.

13.     If GST is payable on the sale price of the property and the percentage of Commission is

based on the GST inclusive price of the property then enable this checkbox.

14.     Enter the Margin scheme property value and Commission notes if applicable.

15.     Sundry charges (cleaning, admin fee etc) are recorded against the listing. Details entered in

this area will be reflected in the accounts page in contracts when the property is sold.

15.     Enter the Proposed Advertising Budget amount if the vendor agrees to pay a fixed amount

for advertising costs.

16.     Advertising budget is GST inclusive - If this checkbox is ticked, the system assumes the

Advertising Budget amount is inclusive of GST, deselect this checkbox only if the amount payable is not GST inclusive.

17.     If the Advertising Budget amount is to be charged to the vendor even if the full amount is not

spent on advertising enable the Marketing levy (non refundable) checkbox.

18.     If the vendor is to pay some or all of the costs incurred in marketing the property, click on the

Vendor pays percent of total expenses check box and enter the Percent. eg: If the vendor agrees to reimburse you for every dollar you spend, the agreed % will be 100%, if the vendor agrees to pay you half it, the figure would be 50% etc.

19.     Click on Save and Close to save the information entered, alternatively click on the X at the top

right corner of the Active Window, a message will appear “Do you want to save changes?” Select Yes, No or Cancel accordingly.