| Info |
|---|
This guide has been reviewed against our global client base and classed as relevant to all regions |
A configuration option is available which, when enabled, allows a minimum exchange commission/fee to be specified for all properties
To enable this configuration option, click here to contact Reapit Support
1. Minimum commission/fee configuration When enabled, your business can decide how the minimum commission/fee configuration will work: |
...
to a specific figure a specific figure
OR
It can be based on property price, for example: 1% of the property price
An individual user, or group of users, can be set-up to be able to change the minimum fee value,
|
...
|
2. Minimum fee amount Access the property financial screen: On the property record, click Financial
The Min Fee field displays the minimum figure that will be used on exchange
A configuration setting may restrict access to edit this field, as outlined in step 1
|
...
|  Image Added Image Added |
Image Removed
| Info |
|---|
In this example: Minimum fee configuration is set to 1% of the property price This user is allowed to edit the Min Fee field
(Where not enabled, the field is greyed out)
|
|
3. Property exchanged When processing the exchange and the Commission Details stage of the Exchange Wizard is reached
When the fee the agent is due to charge is less than the minimum fee permitted: |
...
|  Image Added| Info |
|---|
In this example, the property is exchanging at £600,000 and the fee was set to be 0.75% of the price (i.e. £4,500), however, the minimum fee configuration is set to 1% of the exchange price Therefore, when reaching this stage, the Company's fee is automatically changed to 1% of the exchange price (i.e. £6,000) |
|
4. Changing the Company's fee at exchange If the user processing the exchange attempts to change the Company's fee figure: |
...
 Image Added Image Added |
Image Removed
Related articles
| Filter by label (Content by label) |
|---|
| showLabels | false |
|---|
| max | 5 |
|---|
| spaces | com.atlassian.confluence.content.render.xhtml.model.resource.identifiers.SpaceResourceIdentifier@a45 |
|---|
| sort | modified |
|---|
| showSpace | false |
|---|
|
...
| | reverse | true |
|---|
| type | page |
|---|
| cql | label = "property" and type = "page" and space = "RW" |
|---|
| labels | sales_lettings_rnote_12_128 12_128 property |
|---|
|
| Excerpt |
|---|
|
A configuration option is available which allows a minimum exchange commission/fee to be specified for all properties |
