Darwin Cloud / Darwin Cloud Manual / Commission Calculation Builder

How to Setup Transaction Fees Collected from Agents

Updated on Aug 17, 2023

If transaction fees are collected from the seller and buyer in addition to the commission, it is often the case that the agent has to pay the fees if they do not collect them from the seller or buyer.

A very typical use case is that the office has some fixed amount the agents should collect (this may vary per agent) and the agent is only charged if the amount they collected is less than the minimum determined by the office.

To setup this deduction rule, follow these simple steps:

Go to People menu
On the People basics screen, click search

Filter the type to Agent
Enter a portion of the agent's name
Click search; or hit enter from your keyboard
Click on the person name hyperlink

Set up the agent's commission profile.

Go to the Commission submenu
On the table, enter the minimum amount to collect on the agent profile on the amount column

The next step is to set up the deduction rule. To set up a rule:

Click Formulas menu
Click Deduction rules submenu
Select the deduction type
Click new

Click next

Enter the name of the deduction rule
Adjust the sort order as needed
Click next

Select which side this deduction rule applies to
Click next

Select which commission plan or subplan this deduction rule applies to
Click next

Select which commission subplan based on sides this deduction rule applies to
Click next

Select which transaction types this deduction rule applies to
Select the accounting code this deduction rule applies to
Click next

Select whether if the deduction rule is for agent generated, office generated, or unknown
Select which seller source this deduction rule applies to
Click next