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Cumulative Royalty Fees are used to calculate a fixed amount until an amount billed is reached, used for tiered plans, and fees are charged on compensation advances
Example: $0 to $5,000 20% fee
5000 to 10000 10% fee
the excess 5% of expenses
Scale Type
Split Commission Plan Scale Type: Global or Listing/ Selling
Print Plan Cumulative on Transaction Statement This is where we determine if a cumulative line for the plan will be added to the account status of a transaction. Normally, only tiered plans are cumulative.
Comments Add notes for this plan.
Plan Scales
If the scale type is a collaborator, you will need to enter the levels for both the enroller and the collaborator by clicking Add +.
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Select the type of the plan if you have a Listing/Selling plan.
Enter the top scale of the list.
The applicable % amount, the applicable $ fee amount.
There may be, a %, an amount, or both, depending on your plan.
Here is an example of a tiered plan
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Agents
Displays Agents who have this active royalty plan.