Overview to Process Transaction from Open to Closed | Scribe

    Overview to Process Transaction from Open to Closed

    • Brokerage Engine |
    • 0 step |
    • 3 minutes

      Locate Commission detail page for Transaction

      Click "Pending"
      Search for property address
      Click action button on address
      Click "Commission Detail"

      Edit Critical Details

      Click "Edit"
      Can edit => Close date => Contract Date =>Sales Price as needed.
      Alert! Effective date is used to adjust when you want this tranaction to "Count" towards agent accumulation if different from close date. Leave blank to default to close date
      Tip! External Transaction Ref # is optional - if you have your own tracking numbers it can go here. Commonly used for Escrow Numbers.

      Commission Calculation Section

      Tip! This section is where anything to do with commission calculations take place.
      Click here.
      Click "Edit Side"
      You can edit commission rate %, override GCI amount, add and remove agents from the edit side button
      Verify Gross Commission (GCI)
      Verify Agents Net Commission
      Can add External Referrals, Bonuses, Concessions through these buttons
      View/Edit/Add Commission Fees

      Distributions Section

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