How are transaction (post cap) fees split between Team Leader and Team Member?

Once capped, the post cap closing fee is split proportionally between the Team Leader and Team Member based on their agreement. If the team member and team lead typically split their transactions 50-50, the transaction fee will also be split 50-50. If they typically split their transactions 30-70, the transaction fee will also be split 30-70.

Example #1:

• Beth is Team Lead
• Charles is Team Member
• Commission income is split 50/50 between Beth and Charles
• Beth and Charles have both capped. Transaction (Post Cap) Fee is $285 per transaction.
• A transaction closes with $10,000 GCI.
• The $285 transaction fee is split 50-50
• Beth pays $142.50 and Charles pays $142.50

Example #1:

• Beth is Team Lead
• Charles is Team Member
• Commission income is split 30/70 between Beth and Charles
• Beth and Charles have both capped. Transaction (Post Cap) Fee is $285 per transaction.
• A transaction closes with $10,000 GCI.
• The $285 transaction fee is split 30-70
• Beth pays $85.5 and Charles pays $199.50
• Beth takes home $2,914.50 and Charles takes home $6,800.50