Pay an Outside Agent Referral Fee | Scribe

    Pay an Outside Agent Referral Fee

    • Keller Williams Realty Black Hills |
    • 13 steps |
    • 2 minutes
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    ONLY use this to pay a referral fee to an agent that is NOT with KWBH. Examples would be a Re/Max agent or an agent with KW that is NOT KWBH
    1
    Get to the commission request you wish to add a referral fee to
    2
    Find Commission Information
    3
    Click "Add Outside Referral"
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    This is two steps. 1) we add the outside agent fee 2) we subtract that fee from your commission
    4
    Enter the percentage of the commission you are paying out
    5
    Click here to enter who you are paying. This is the BROKERAGE, not the actual agent
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    You are required to put a W9 in your Command docs for the brokerage you are paying a fee. The W9 will list the brokerage's tax info and should have the individual agent's name so their firm will know which agent to pay
    6
    Click the brokerage you wish to pay the fee to
    7
    Click "Add Outside Referral"
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    We have entered the outside agent's fee. Now we will deduct that fee from you commission
    8
    Click "Edit Agent Payment"
    9
    See "Outside Referrals" and how the fee amount still needs subtracted from your commission
    10
    Enter the amount of the fee so that there is $0 left to distribute
    11
    Click "Save"
    12
    In the summary you can see the outside fee has been entered
    13
    Done!