Real Estate Commission

Real estate commission is the fee earned by an agency, broker, or agent for completing a sale or lease transaction. It may be calculated as a percentage of the deal value, a fixed amount, or a rule defined by the brokerage or agreement.

Commission tracking becomes difficult when deals, brokers, receipts, and payouts live in different spreadsheets. Teams need to know what is payable, what has been paid, and which transaction generated it.

IRM365 manages broker and agent commission records in Brokers & Commission.