Tip! The description field is how the concession would display on any documentation. (ie agent breakdown, CDA)
3
Enter a description for the concession here
Zoom Saved
Alert!
It is recommended to not select a tracking account when concession is charged to the Pre-GCI
4
Enter reason for concession
Zoom Saved
5
Click "PRE GCI" to charge the concession off the top of the full Gross Commission
Zoom Saved
Alert!
For Franchisee Clients - charging to the Pre-GCI means the amount of concession will not be part of reported GCI.
6
Enter the amount of concession here
Zoom Saved
7
Click "Save"
Zoom Saved
8
Click "OK"
Zoom Saved
Charge Concession to Agent
9
Click "Concession"
Zoom Saved
10
Click here.
Zoom Saved
11
Click "AGENT GROSS (AGENT)"
Zoom Saved
12
Click "Save"
Zoom Saved
13
Click "OK"
Zoom Saved
14
Click "Save"
Zoom Saved
15
Click "OK"
Zoom Saved
Adjust how Concession is Split between multiple Agents
Tip!
When you first enter concession - it will automatically split the concession based on how agents are currently splitting deal. Following steps are how you can adjust if not wanting to be split same way as commission
16
Click "Concession"
Zoom Saved
17
Click here.
Zoom Saved
18
Adjust the % for each agent on how you would like to allocate the concession. (needs to still add up to 100% between all agents)
Zoom Saved
19
Click "Save"
Zoom Saved
20
Click "OK"
Zoom Saved
Verify Change in Deposit
Alert!
A concession is designed to be paid or credited at Title. This means the amount of the concession should reduce the expected commission deposit.
21
Click "$15,475.00"
Zoom Saved
Feedback
This Scribe is in tip-top shape!Leave feedback if there are any issues with this Scribe