Agent Commission Cap

Close More LOD Closings : Get a 10% Boost 

 

• LOD Commission Cap (Silver & Gold Leads)
  • Increase your split on Gold 80/20 leads from 80% to 90% (Silver 60/40 leads from 60% to 70%), you must contribute $50,000 towards your LOD cap.
  • After which all of your Gold 80/20 leads become 90/10 (60/40 becomes 70/30 for Silver Leads) for the remainder of the year.
  • LOD contributions reset annually. You can contribute towards your cap via sale (or lease) closings from LOD leads.

 

• Fees are capped $50,000 in contributions to the LOD. When LOD reaches $50K that is equivalent to when the agent earns:
  • $125K in commissions based on a 60/40 Silver split or
  • $250K in commissions based on a 80/20 Gold split
  • Not all agents will work only 60/40 or only 80/20’s therefore these GCI figures will vary, but what’s contributed is fixed ie. the $50K in contributions will always be the same, agents still have to contribute this amount regardless of split in order to get the 10% boost in splits.
• 10% increased split in favour of the agent on gross sale commissions after the cap is reached for the balance of your year.
  • 80/20’s become 90/10’s
  • 60/40’s become 70/30’s

Excluded in Cap Contributions

• • LOD lease or lease listing lead closings, there is no requirement for referral fees owing to Leads On Demand Inc.
  • You can optionally retain 100% of the commission and therefore will not receive bonus leads for these closings.
  • Should you wish to pay LOD a 20% referral fee, it will contribute towards your LOD Commission Cap.