Transaction Financials FAQ's
How do I enter a personal transaction into RealScale?
Personal transactions are entered as usual, including all required documents. Instead of entering a split, add an Admin/E&O $250 line item in the fee section.
What split do I use for a personal Lease transaction?
How do I enter a reimbursement into RealScale?
If I'm splitting a commission with another agent, how do I put that in RealScale?
Only one agent needs to enter the transaction into RealScale.
When splitting commission with another agent, you must determine if the agents have the same commission split.
If the agents have the same split percentage:
- Enter the transaction as normal. In the financials section, add the partnering agent as an in-office payee after the split. This will allow the full split amount to come off the top and the agents to split the net commission.
If the agents have different split percentages:
- Enter the transaction as usual. Then, in the financials section, go into table edit mode and do some napkin math.
- Take the gross commission income and divide it by 2.
- Take half of the GCI for each agent and determine the amount owed to Bramlett based on their split percentage.
- Add the total amount of Bramlett's split from each agent and enter it into the Broker Split line.
- Add the partnering agent (agent 2) to be paid out as an in-office payee after the split. This is the net commission amount after their split.
- RealScale should then adjust the net commission for the other agent (agent 1) and have the correct amount on the Agent Split Line. If not, enter it manually.
- Example:
