Commission trackingGrowth and Pro
Commission tracking for yacht and boat brokers
Commission tracking that lives on the deal. Tiered plans, per-broker splits, and co-broke and referral shares, calculated for every payout.
Included on the Growth and Pro plans, each with a 14-day free trial. Free plan also available. No credit card required.
What is co-broke split tracking?
Tiered commission plans
Set up tiered commission plans that reset each year, with a starting YTD balance. Each broker's split follows the tier they have reached, so you stop recalculating splits by hand as the year goes on.
- Tiers based on the commission credit a broker has produced
- Reset on the calendar year or your own plan year
- A starting YTD balance for brokers who join mid-year
Per-broker splits
Split each deal across your brokers, listing side and selling side. DealDecks applies each broker's plan to their share of the deal.
Co-broke and referral shares
Add an outside co-broke or referral share as a % of gross or a flat amount, and DealDecks calculates every payout. Referral shares can also be a % of your side of the deal.
Expected commissions
A monthly view shows expected commission from your open deals by close month, next to what is pending, earned and paid. Brokers see only their own share, and commission never appears in the deal room or PDF.
Worked example: a $1.2M yacht with a 50/50 co-broke
Here is how one deal could break down. These numbers are an example, not a rate DealDecks sets.
| Sale price | $1,200,000 |
|---|---|
| Gross commission10% of the sale price | $120,000 |
| Outside co-broke50% of gross, to the selling broker's firm | -$60,000 |
| Your side of the deal | $60,000 |
| Listing brokerExample: 60% tier on their plan | $36,000 |
| BrokerageThe remaining 40% of your side | $24,000 |
Example for illustration only. Your rates, splits and tiers come from the commission plans you set up.
Also for real estate and business brokers
Commission tracking works the same way for real estate and business brokerage deals.
- Per-deal gross commission from a rate, or a flat fee
- Agent and brokerage splits under tiered plans
- Outside co-broke and referral shares
- Monthly expected commission, plus pending, earned and paid
Frequently asked questions
How does DealDecks calculate a co-broke split?
Enter the sale price and gross commission rate on the deal, then add the outside co-broke as a % of gross or a flat amount. DealDecks takes out the co-broke and any referral share, then splits the rest between your brokers and the brokerage.
Can I track referral fees?
Yes. Add a referral share as a % of gross, a % of your side, or a flat amount. It shows on the deal and in your commission reports.
Can brokers see each other's commission?
No. Brokers see only their own share. Commission never appears in the deal room or the deal update PDF.
Which plans include commission tracking?
Commission tracking is included on the Growth and Pro plans, each with a 14-day free trial and no credit card required. You can also start on the Free plan and upgrade when you need it.
Related
Stop running commissions in a spreadsheet.
Included on the Growth and Pro plans, each with a 14-day free trial. Or start on the Free plan. No credit card required.