Tenancy commission allocation (or fee splits) - configuration option

Owned by Fiona Wilson, created
Last updated: Nov 29, 2023
3 min read

This guide has been reviewed against our global client base and classed as relevant to all regions

Available from version 12.173

Configurable option for Enterprise customers
To request this option to be enabled on your system, click here to contact Reapit Support

Three configuration options are available which allow tenancy fee allocation/splits to be applied

One, some or all three of the following options can be made available (depending on business requirements):

  • negotiator split as a percentage

  • office split as a percentage

  • negotiator fixed commission

This functionality has been designed for use with the tenancy income report, as outlined in more detail here: https://reapit.atlassian.net/wiki/spaces/RW/pages/2009727043

To request this configuration to be enabled, click here to contact Reapit Support

1. Add Fee Split information

From tenancy:

  • Click Fee Splits

  • The Fee Allocations screen is displayed, allowing one, two or three of the following to be set on the current tenancy

    • Negotiator Split (as a percentage)

    • Negotiator Fixed Commission

    • Office Split (as a percentage)

2. Negotiator Split

The red text at the bottom of the panel indicates how much negotiator allocation remains
The figure will not exceed 100% - if left less than 100%, this will be flagged in the Tenancy Income Report

From Negotiator Split panel:

  • Click

  • Select required Negotiator, enter the Split as a percentage value and click Accept to save

3. Negotiator Fixed Commission

From Negotiator Fixed Commission panel:

  • Click

  • Select required Negotiator, enter the fixed commission Amount and click Accept to save

4. Office Split

The red text at the bottom of the panel indicates how much office allocation remains
The figure will not exceed 100% - if left less than 100%, this will be flagged in the Tenancy Income Report

From Office Split panel:

  • Click

  • Select required Office, enter the Split as a percentage value and click Accept to save

5. Edit fee amount/allocation

When a fee amount/allocation has been added it can be edited - however, the selected negotiator/office cannot be changed, instead the fee amount/allocation entry should be removed and a new one added

To edit a fee amount/allocation

  • Double-click the required fee amount/allocation, make changes and click Accept to save

To delete a fee amount/allocation

  • Select the required fee amount/allocation and press delete on your keyboard

5. Activity feed

When fee allocations are added, changed or deleted, a log is made in the tenancy Activity Feed