Travel Agent Commission Setting

Edit Owner
General Information - Account Settings: Travel Agent Commission

The purpose of the Travel Agent Commission drop down field is to determine who pays the the Travel Agent commission; the Owner, the Property Management Company or a split between the two based on their contracted commission split.

For the purposes of the following examples:

  • Travel Agent is receiving a 10% commission on the rent
  • Contracted commission split between the Owner and Property Management Company is 70/30
  • Rent Total is $100

Selection = Owner

The Owner is paying the Travel Agent Commission. The system will calculate the Travel Agent Commission and PM commission split from the rent total. Owner receives remaining balance.

[insert image 1] 

Selection = Split

The Travel Agent Commission is paid by the Owner and Property Management Company based on their contracted commission split. The system will calculate the Travel Agent Commission first, subtract that amount from the rent total, then calculate the Owner/Property Management Company commission split based on the remaining balance.

[insert image 2]

Selection = Property Management Company

The Property Management Company is paying the Travel Agent Commission. The system will calculate the Travel Agent Commission and Owner commission split from the rent total. Property Management Company receives remaining balance.

[insert image 3]

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