Real Estate Commission Schedule
Dec 3, 2009
I receive a certain percentage of my broker's commission based on what type of house sale occurs. When one of my listings sell I receive the commission in A2:A7. When I sell a house to Company A I receive the commisions from B2:B7, company B C2:C7, and company C D2:D7.
My own personal commission percentages increase based on the income schedule E2:F7. For example, once I have earned $8137, my percentages for sales all jump to Row 3.
I have set up a chart below the commission schedule for each individual sale to calculate the commission for each type of sale. Each "x" represent a sale for each category (LISTING, COMP A, COMP B, COMP C). The broker's commission is always 3.5% of the total sales price. My commission will be a certain percentage of the broker's commission based on the scale above.
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Apr 19, 2007
I need to create a waterfall structure to analyze a real estate problem. How do I do it?
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Oct 25, 2007
I am trying to set up an IF formula for real estate operating costs. I am guessing that this is going to work best with an IF statement.
(Sample of the spreadsheet is attached)
I know this is wrong but it expresses what I am trying to do.
=IF(C5="Gross",B10=following year of B9 with month/Day being 1/1), if not B10=the folling year of B9 with same month/day)
1Cell C5 can either be Gross or Net from a drop down list.
2Cell B9 lists 3/1/2008
3If cell C5 is gross, cell B10 should be the following year from cell B9 but with starting with 1/1/??? As the month and day(year start).
B11 would then be the following year from B10
(following month/day pattern).
4If Cell C5 is NET, cell B10 should be the following year from cell B9 using the same month and day 3/1/????
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May 5, 2012
What formula to use to show the Annual ROI for a real estate investment property (single family). I believe I have all my figures to calculate WITH (acquisition amount, annual net income, etc.) -- but I can't figure out how to determine the ROI.
Or - is determining that % even possible/logical?
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Sep 15, 2009
I am trying to write a formula for my commissions spreadsheet, which calculates commission clawbacks based on a sliding scale. From my understanding I need a code that will calculate additions or deductions based on a range of probabilities.
For example, if I have a percentage figure that is below 8%, I would like to add 15% to the total commission earned.
Here are the ranges below:
8% or under+15%
8-13%+ 10%
13-17%0
17-22%-10%
22% or more-15%
If I say my % is in K5 and the monetary value is in I5, what formula would I type into L5 to calculate the amendment?
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Mar 24, 2007
Sub setcommission()
Sheet3.Select
Dim cellsNum As Integer
Dim commission As Single, rating As String
Dim sales As Single
Range("b2").Select
cellsNum = ActiveCell. CurrentRegion.Row.Count
For i = 1 To cellsNum
If ActiveCell.Value > 150000 Then
commission = ActiveCell.Value * 0.012
rating = "superior"
Else sales > 100000 And sales <150000 Then
commission = ActiveCell.Value * 0.08
rating = "satisfactory"
Else
I am trying to calculate the commission for the sales for sales>150000 a commision charge of 0.012 and rating of superior. for 150000> sales >100000 a commision charge of 0.08 and rating of satisfactory. for other sales a commision charge of 0.04 and rating of unsuperior.
i am finding a few problems with the code 1st a problem with 'cellsNum = ActiveCell.CurrentRegion.Row.Count' it says complie error: invalid qualifier 2nd a problem with 'Else sales > 100000 and sales <150000 then'
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Jan 22, 2008
Attached is sample data. Target payout is the amount of the base salary a salesman can earn if all goals are reached. Commissions are payed quarterly. Listed on the left are 7 goals, each with a weight of importance toward the target payout amount. The percentage achieved can only be 100% or 0%, nowhere in the middle, although they are allowed to make up a goal later if they do not make it at first. This is where I get stumped. For example, if they don't make a goal in quarter one but make the goal in quarter two plus what they missed in one, they get two quarters worth of commission in quarter 2 for that goal. I am having trouble figuring out the easiest way to go about this.
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May 6, 2014
I am trying to create a formula that calculates multiple commissions based on profit margin. So here is what I'm looking to. If the profit margin is between 50 and 70% than there is an additional 2% commission, if it's between 70.01-100% profit margin, than it's an additional 5% here is the equation I have=IF(OR(E2>50,E2<70),D2*2%,(IF(OR(E2>70.01,E2<100),D2*5%)))but it's still calculating at the 2% even thought it's an 86% margin.
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Feb 12, 2014
I want to pay different commission rates for different levels of sales...
IE nothing if sales are under 250,000 per year.
5% between 250,000 and 500,000,
8 % between 500,000 and 750,000
10% between 750,000 and 1,000,000
12.5 % between 1,000,000 and 1,250,000
and 15 % over 1,250,000
The issue that im having trouble with is that if the sales guy brings in 1,500,000 in yeary sales he would be paid some at 0%, some at 5% some at 8% some at 10% , so at 12.5 and some at 15%
How do i calculate that? I have included a excel spreadsheet.
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May 15, 2014
I'm having trouble creating a commission calculation.
The commission schedule is paid on a tiered rate (below), and occasionally there will be recoveries due to client non-payment, which comes out of commission. There is also a budget variance every month. I'd like to have the Monthly Budget in cell A1, the Revenue in cell A2, Recoveries in cell A3 and the Commission (formula) in cell A4. I only need the formula for cell A4, everything else will be entered manually.
Revenue Schedule
$0-$14,000 = 0%
$14,001 - $18,000 = 7.5%
$18,001 - $BUDGET = 10%
$102% BUDGET - Forever = 15%
Note that once you hit 18K, the 14-18K does not jump up to 10%, it stays at the 7.5%.
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Jan 4, 2010
I need to know what formulas to put into the cells in excel to make the following sales compensation example compute properly:
Time
Period Draw
Paid Actual
Commissions Owed to
Company Commission
Paid Total
Earnings Month 1$3,000$4,000-$1,000$4,000Month 2 $3,000$2,000$1,000-$3,000Month 3 $3,000$5,000($1,000)$1,000$4,000TOTALS$9,000$11,000-$2,000$11,000
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Sep 21, 2006
Looking for a formula for a zero based commission structure. I am having trouble with the formula. I have attached a breakout of what I need and an explanation of the end goal.
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May 11, 2007
determining a formula to compute a sales commission.
Here is a sales scenario.
A $25 commission will be paid on sales between $50 to $150.
A $50 commission will be paid on sales between $151 to $300
A $75 commission will be paid on sales between $301 to $600
The sales person will enter the sale amount into column B. Column C should compute the total commission for multilple sales.
Example:
Column A Column B
Sales Commission
$50 $150 (which is the comm. for the combined sales)
$175
$360
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Aug 25, 2007
The following is assumed.
I have a base salary of $5k/monthMy PROFIT on hardware sales must equal or exceed my monthly salary in order for me to earn a commission on hardware sales. If it does, my commission is then Profit beyond monthly salary X 25%I also earn commission on software sales. Total Commission is the sum of Software commission plus commission on hardware sales.
Example: HW Profit is $6k. Software commission is $3k.
$6k - $5k = $1k.
$1k * 25% = $250.
$250 + $3k = $3250
However, there are times (unfortunately) when my total hardware profit does not equal or exceed my monthly salary. When that happens, I am now in a negative status regarding hardware commission. The negative status is simply salary minus hardware profit.
Total commission is then that negative number plus software commission.
Example: HW Profit is $3k. Software commission is $3k.
$5k - $3k = $-2k.
-$2k + $3k = $1k
I need a formula in one cell to account for both possibilities.
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Sep 5, 2007
I have been thinking about this for a few days and have no idea where to start.
The commission scheme pays like this:
upto $40,000 in sales pays 30%
$40,001 to $80,000 pays 40%
$80,001 + pays 50%
Also, the sales person will only earn commission once they have invoiced 1/3 of their basic salary. Example
$60,000 must invoice $20,000 per month, therefore commission is actually 30% of the remaining $20,000.
I want to create a spreadsheet that allows me to enter the basic salary for individual sales persons and their individual sales figures to calculate their gross commission and also their gross basic salary if I can.
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Jul 26, 2006
if i could get a hand creating a commission calculation.. here is what i'm looking for and my brain hurts trying to make it... I put in excel an employees gross fees for a month,, their commission calculation is based on the following scheudule, for which i'd love an easy calculation, function, code etc. for..
$0 - $10,000 - 60% commission
$10,001 - $15,000 - 65% commission
$15,001+ - 70% commission..
i'm sure this seems simple, but i just can't get it because if for instance their first gross fee is $12,000, i don't know how to have it calculate the first $10,000 at 60% and the last $2,000 at 65%.
ps.. my excel sheet is set up as follows:
Rows a-g (stuff that is irrelivant)
row h, gross fees
row i, commission (in dollars)
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Apr 1, 2014
How do you calculate the total commission of a particular person on a consecutive months ?
Attached is the excel file for reference : Total Commsn.xls‎
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Jan 20, 2006
I'm trying to create a worksheet to calculate ourcommsiion structure, but can't figure out a way to attack it. We have manyvariables (5) in our commission structure based on each order.
Here's how I set it up so far:
(In Cloumns)
A= Order Amount
B= "Y" is A-15%; "N"=A
C= "Y" is B*20%; "N" is B*10%
D= "Y" is B+2%; "N" is B
E= "Y" is B+2%; "N" is B
F="Y" is B+1%; "N" is B
G= SUM(A:F)
For example, if the order is $1000, and I answer y,y,y,y,y=$212.5
How do I create the formulas so I can just put in the order amount and the
appropriate letter to get the correct commission structure?
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Jan 14, 2009
I have a new sale structure to put in place the commission is paid in the following way:
below 1500 zero commission
between 1501 and 3000, commission at 16%
between 3001 and 8000, commission at 23%
above 8001, commission paid at 30%
Ergo if you generate 5000 you would be paid 700 ie nothing for the first 1500, 16% of the second 1500 and 23% of the remaining 2000. ( I hope my maths is correct! )
I have tried to manipulate other solutions using sumproduct but my knowledge is poor, the formula I have tried manipulating is =SUMPRODUCT( (A2 > {0,1500,3000,8000}) * (A2 - {0,1500,3000,8000}) * {0,0.16,0.23,0.3}). I prefer single line formula rather than lookups as staff will not be able to see commission rates easily.
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Mar 29, 2012
I need a way to calculate commission for my sales reps. The commission is based off a calculated value in H39 of a sheet that I have developed.
They get 7.5% of the value when between $1 - $100,000, example: sales of $50,000 = $3,750 in commission.
If the value in H39 is > $100,000 but $250,000 but $500,000 they get 7.5% on the first $100,000 plus 5% on the amount between $100,001 and $250,000 plus 3% on the remainder between $250,001 and $500,000 plus 2% on any amount >$500,000 example: sales of $800,000 = $7,500 (7.5% on first $100,00) plus $7,500 (5% on the next $150,000) plus $7,500 (3% on the next $250,000) plus $6,000 (2% on the sales >$500,000 for a total of $28,500.
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May 5, 2009
I hope this question has not been addressed but the closest I can find is in this link:
[url]
I am now a commission based contractor who started earlier this year & I want to be able to calculate my current average weekly income which should fluctuate greatly. I have a spreadsheet that works out what my current to date net income is but can't figure out how to break this down to a weekly avarage. My basic guess is that I want to take the figure provided and divide it by the number of weeks from "stated start date" to the current date (but on a divided by 7 basis?) to get my average weekly net income.
I am sure this is pretty simple for you all so I hope I am not wasting time it's just that if I try figure it out I am using something like WEEKNUM & that will fail after the next new year. -Although it would be better to base it all around the financial year if that can be done? (March 1st - April 31st in NZ)
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Jan 20, 2010
I'm trying to rewrite our commission spreadsheet with a new structure and as my excel knowledge is limited, I'm not really getting anywhere.
I'm looking for a few lines of formula however I'll just post one at a time otherwise I'm in danger of scaring you all off!
Firstly, I am trying to work out the formula for the following:
If the value in C7 is up to £14,999 = 1.5% of the whole value is given, if it's over £15,000 = 3.5% of whole value is given. I would like the total amount of commission to show in F7.
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Jul 26, 2006
I put in excel an employees gross fees for a month,, their commission calculation is based on the following scheudule, for which i'd love an easy calculation, function, code etc. for..
$0 - $10,000 - 60% commission
$10,001 - $15,000 - 65% commission
$15,001+ - 70% commission..
i'm sure this seems simple, but i just can't get it because if for instance their first gross fee is $12,000, i don't know how to have it calculate the first $10,000 at 60% and the last $2,000 at 65%. any help is greatly appreciated..
ps.. my excel sheet is set up as follows:
Rows a-g (stuff that is irrelivant)
row h, gross fees
row i, commission (in dollars)
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Sep 7, 2006
I am having trouble with the code for this stepped scale commission structure.
Net Service
$1,1400
Step Scale Comm. %
$0-500 40%
$500-750 45%
$750-1000 47%
$1000-9999.99 50%
Final Commission Paid $ ?
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Mar 12, 2014
I'm trying to set up a Vlookup table for commission rates but all my answers are 0. What I'm trying to do is set up Vlookup to return total sales less than 700,000 have 0% commission, 700,000 to 749999 10%, 750,000-799,999 11%, etc. . The commission rate increases by 1% for each additional 50,000 in sales, with the highest commission rate 20%.
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Feb 22, 2007
I am trying to write a command to calculate the commission for my employees. There commission is based on the spread between sale price and cost. For example:
If Profit is between $1.00 and $2.00 - commission = 15%
If Profit is between $2.01 and $4.00 - commission = 20%
If Profit is between $4.01 and $6.00 - commission = 25%
If Profit is > than $6.00 then - commission = 30%
I am able to calculate the first level ex: =IF((C3-B3)<=2,"15%") It Displays the 15% in the formatted cell. (C3-B3 is the profit spread). How can I include the other 3 commission levels in the formula to display the correct commission % based on profit spread?
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Oct 5, 2009
Is there a place on the net where I can work on, or take part of real Excel
project ( for training purpose ). If not, do you think that is possible to make such a place were people can learn and practice excel working on simulation of a real Excel projects??????
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Feb 26, 2014
I have attached a spreadsheet which shows my desired result which often works.
Range C2:C13 is my desired result...
The problem /criteria is...
For every 140 meters sold the sales person receives £140 commission.
Meters (range B2:B13) can be carried to future months.
I am looking for a formula for range C2:C13 which calulates if commission should be paid in this month or not and if so, how much.
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Dec 24, 2005
I have a sheet listing comission rate eg. sales less than $200, the rate is
..5%, less than 300, the rate is 1%..etc.
Then i have another table showing different sales value of different workers. How do i find the commission rate per worker using lookup functions??
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Feb 22, 2010
I am not quite getting how to test a value if it is an integer or a real.
If A1 = 10.4 I want to skip that cell, if A1 is 10 I want to process that cell.
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