Deal - Broker Commissions

Hello and welcome to your Dealius broker commissions overview video!

In today's video, if you're either an office admin or a managing broker, I'll be discussing the different available functions within the broker commission on a lease or a sale deal.

In either case, your broker commission section breaks out how many internal brokers or house brokers you have assigned to a transaction. If there's one, they would be earning 100% of the commission. Otherwise, you'll want to allocate a certain portion that's equal to 100% amongst all parties involved. From here, you'll see their portion or partnership of the commission and then their gross value.

When you click add outside broker, you're going to be prompted to answer the question, does this outside broker share in the internal broker's commission? Yes or no. So, if you have an outside broker that's taking a piece of your guys's side of the deal, the answer to that is yes. You'll see when you click an outside broker and say yes, they are listed below your brokers where you can either add a new outside broker or search for an existing.

When you select a broker, they still need to take a piece of the total 100%, meaning that maybe I need to make some adjustments here. Once you ensure that you're at the full 100%, you can label that outside broker as external or referral.

If we add another outside broker and say no, they're not sharing in this commission, we're saying that that outside broker is working the other side of this transaction and they're earning 100% of that side. As long as you've included their fee inside of your calculation or inside of your financial details, the gross value shows up. It also labels them as external. And you can even see that we're billing or collecting both of these sides of the deal and paying this outside company or broker.

If you're just tracking that outside broker, you can also set this toggle to no. But by default, when you add an outside broker and they're not working in your side, it's going to set it to house paid. Yes.

If you have any questions about the broker commission section, please feel free to contact your Dealius support team. Thank you.