Enter a Referral Deal

Click the New Deal button on the deal menu

 

Enter Property information

• Save & Close Property
• Note: If there is no property - close Property form without saving

Enter the following Deal information:       

Deal Tab: (you can enter more information if you have it)

• Role = Referral (List or Sell)
• Sale Price = $0 or actual sale price
• Sale Date = Known Sale date or if unknown enter todays date
• Possession Date = Known possession date or if unknown enter todays date
• Save

Contacts Tab:

• If list referral enter agents name in list side agent
• If sell referral enter agents name in sell side agent
• Enter Brokerage where referral is coming from in the opposite side brokerage field

Commission Receivable Tab:

• Reset to Defaults and Choose custom
  • If List referral put Flat Commission amount before tax on the list side Plus flat amount field.
  • If Sell referral put Flat Commission amount before tax on the sell side Plus flat amount field.
• Save

Commission Payable Tab:

• Reset to Defaults
• Agent should auto populate with the commission amount
• Save

Scan & Attach documents

 

Save & Close Deal

 

If you have the payment cheque when you are entering the Referral deal then follow these steps

Receive Payment(from the Actions Menu within the deal)

• Deal Contract = Name on Cheque (Select this contact from the drop down list in the field)
• Fund = Commission (should default correctly)
• Date = Today's Date (date you are depositing the cheque)
• Reference - Cheque Number
• Amount = should default correctly (if not, change the commission amount or Tax amount on the Commissions Receivable Tab)
• Post