Branch Agent Sales Award & Earnings reports

 

 

To help track and compare branch agent achievements and progress, the Award and Earnings report can be used by the branch manager or administrative assistants. Key earnings figures, like the agent's gross earnings, and a number of award figures are included. Agent list vs. sell side strengths can also be assessed. Both closed--already earned, and pending--potential earnings and award levels can be reported. A closed Awards & Earnings sample is shown above. The key items are:

AgentName: the name entered for browser window selections with Add/Edit Agents

AgentID: the agent ID or code assigned

AGCI: the Adjusted Gross Commission Income allocated, or awarded, to the agent. ACGI is the BOS term for the transaction revenue remaining after co-broker and referral fees are deducted, but prior to deduction of off-the-top fees like franchise, advertising, E&O and other cost-of-business figures. For certain franchise award programs, this may be called the GCI figure. On the BOS transaction commission entry screen, AGCI is also the IA3 (Income Area 3) amount.

AgentGross: This is the agent's gross commission, or 1099 earnings. This is the amount that is calculated using BOS commission plan definitions or manually entered within CA4 (Commission Area 4) during transaction entry.

TransDed: The total amount, if any, of transaction fees and administration amounts deductions from the agent's gross commission earned on sales transactions.

AgentNet: The net amount due the agent after the transaction deductions. (AgentNet=AgentGross-TransDed ).

ListUnits: the total list side units (seller side) closed, or pending, for the agent.

SellUnits: the total sell side units (buyer side) closed, or pending, for the agent.

TotUnits: the total units for both sides closed, or pending, for the agent.

ListVolume: the total list side volume closed, or pending, for the agent.

SellVolume: the total sell side units (buyer side) closed, or pending, for the agent.

TotVolume: the total volume for both sides closed, or pending, for the agent.

There are two awards earnings total reports available: one for closed sales and one for pending, or potential, awards & earnings. Remember that the pending report is only an estimate as commission levels and transaction revenues may change by closing, and some sales may not close.

branchagentawardclosedbyagentid report closed sales earnings sorted by agent ID

branchagentawardclosedbyname report closed sales earnings sorted by agent name

branchagentawardpendbyagentID report earnings potential from pending sales sorted by agent ID.

branchagentawardpendbyname report earnings potential from pending sales sorted by agent name.

The report includes branch totals for all award and earnings figures.

 

Branch Agent Sales Award & Earnings Detail reports

 

 

To help agents and managers track earnings progress and potential, the Award and Earnings Detail report can be provided by the branch manager or administrative assistants. Similar to the "Totals" report, key earnings figures, like the agent's gross earnings, and a number of award figures are included.

The report is printed by agent so it can be distributed. Besides earnings totals, award and earnings figures are detailed for each transactions. The key items are:

AgentName: the name entered for browser window selections with Add/Edit Agents.

AgentID: the agent ID or code assigned.

Property: the property address of the transaction.

AGCI: the Adjusted Gross Commission Income allocated, or awarded, to the agent for each transaction. ACGI is the BOS term for the transaction revenue remaining after co-broker and referral fees are deducted, but prior to deduction of off-the-top fees like franchise, advertising, E&O and other cost-of-business figures. For certain franchise award programs, this may be called the GCI figure. On the BOS transaction commission entry screen, AGCI is also the IA3 (Income Area 3) amount.

AgentGross: This is the agent's gross commission, or 1099 earnings for each transaction. This is the amount that is calculated using BOS commission plan definitions or manually entered within CA4 (Commission Area 4) during transaction entry.

Split %: The percentage of NAGI for the Agent Gross commission. This is an average figure if the commission was earned for both sides of the transaction.

TransDed: The total amount, if any, of transaction fees and administration amounts deductions from the agent's gross commission earned on each sale transaction.

AgentNet: The net amount due the agent after the transaction deductions. (AgentNet=AgentGross-TransDed ).

ListUnits: the total list side units (seller side) closed, or pending, for the agent.

SellUnits: the total sell side units (buyer side) closed, or pending , for the agent.

TotUnits: the total units for both sides closed, or pending, for the agent.

ListVolume: the total list side volume closed, or pending, for the agent.

SellVolume: the total sell side units (buyer side) closed, or pending, for the agent.

TotVolume: the total volume for both sides closed, or pending, for the agent.

There are two awards earnings detail reports available: one for closed sales and one for pending, or potential, awards & earnings. Remember that the pending report is only an estimate as commission levels and transaction revenues may change by closing, and some sales may not close.

branchagentawardclosedbyagentIDdetail report closed sales earnings by agent ID.

branchagentawardclosedbynamedetail report closed sales earnings by agent name.

branchagentawardpendbyagentIDdetail report pending earnings sales by agent ID.

branchagentawardpendbynamedetail report pending earnings sales by agent name.

 

The report includes agent totals for the listed transactions and a branch grand total for all award and earnings figures.