The Associate Details section of the DA is where the associate's specific calculations are shown towards arriving at their final check amount.
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Field |
Description |
|---|---|
| Type | Select the type of transaction: L: Listing Sold S: Sale I: Inside Referral O: Other – Referral Income |
| Class | Select the DA class code: P: Property L: Lease R: Referral Income O: Other (personal transaction with zero company commission) NOTE: Please refer to the KW Policies & Guidelines Manual for guidelines regarding personal transactions. |
| Agency | Enter the agency code for this associate: B: Buyer Agency S: Seller Agency D: Dual Agency O: Other |
| Unit | Enter the unit or portion of a unit assigned to this associate for this transaction side. Enter zero for personal deals and subsequent note payment DAs. NOTE: Please refer to the KW Policies & Guidelines Manual for guidelines regarding personal transactions. |
| Gross | The total gross commission for this associate for this side of the transaction auto-populates. However, if this is a zero-unit DA, you must manually enter the gross commission amount for this associate. |
| Outside | If there is no outside referral paid from this associate, skip this field. If there was an outside referral and an amount was entered for the Outside field on the DA Entry – Part 2 window, the "Outside Broker Detail" screen will appear. Enter the WinMOREs ID number for this outside broker. If you do not know the ID number, press Alt + down arrow to find it. If this outside broker has not yet been entered, you can enter it now by clicking on the Start window, then selecting Enter, then Outside Brokers. NOTE: When there is more than one outside referral for the same associate, enter both referrals here, making sure to allocate the money accordingly. |
| Bonus | If this associate did not receive a bonus, skip this field. If this associate received a bonus on this transaction, enter the amount of the bonus. Click Split It or Associate as per your Market Center’s policy. NOTE: Bonuses are usually split until the associate has capped. |
| Concession | If the associate paid all of a concession, skip this field. If the Market Center is paying some or all of the concession, it must be approved by the Team Leader. A series of questions appear designed to determine if the associate and the Market Center are sharing the cost of the concession based on the associate’s commission split percentage if the Market Center is bearing the entire cost of the concession, whether the concession is reflected on the closing settlement statement, or whether the concession is paid “off the top.” |
| Gross Commission Income | Gross commission income is the commission amount after outside referrals, bonus, and concessions. WinMORE automatically calculates this figure, and this field is not editable. |
| Tax | This field is not currently active. |
| Check Amount | Check amount is the amount of gross commission income after outside referrals, bonus, and concessions. WinMORE automatically calculates this figure. |
| Associate Split % | This is the percentage of gross commission that is disbursed to the associate based on the percentage entered into this associate’s record. See “Enter Associates” for more information. |
| Royalty Split % | This is the percentage of this associate’s share of the Franchise Royalty for this transaction based on the royalty split % entered into this associate’s record. See “Enter Associates” for more information. |
| Associate Commission | This is the amount of the associate’s share of the gross commission income after any bonuses, concessions-to-close (either shared by the associate and the Market Center or paid by the Market Center alone), and outside referrals, but before deducting E&O, associate royalty, inside commissions, and paid out. This amount is shown as “Associate Gross” in various WinMORE production reports. |
| E O Insurance | The default is the EO.INS value entered from the Start window under “Setup,” then “System Defaults.” If your Market Center bills your associates for E&O through AccountEdge, nothing will show here. |
| Associate Royalty | If your associates contribute to the KW Franchise Royalty Fee (most do), royalty is due from the associate based on the following formula: Associate’s Royalty Base Cap x Royalty Split % x KW Franchise Rate. Usually this is: $50,000 x 100 % x 6% = $3,000 If in the rare event an associate does not contribute to the KW Franchise Royalty Fee, skip this field. |
| Inside Paid | Enter the total amount of inside referrals to be paid out of the associate’s commission to another in-house associate. Inside referrals do not earn the recipient any volume, GCI, or unit credit. WinMORE tracks this amount in order to accurately report the associate's income for tax purposes. If an amount is entered, remember to add this associate on the Associates Participating on this DA window. NOTE: Refer to the KW Policies & Guidelines Manual for guidelines on inside referrals. A referral from an associate who has capped to one who has not capped should be handled as a split transaction rather than an inside referral. |
| Concession Adjust | Please do not use this field. |
| Net Commission | WinMORE automatically calculates this field. Net commission is the amount of the associate’s commission for this transaction that will be included on their IRS Form 1099. |
| KW Cares | WinMORE automatically calculates this field showing the KW Cares deduction for this transaction based on the information entered into the associate record. Any entry made in the Command commission request will override any amount entered into the associate record in WinMORE. However, if the associate desires to change this dollar amount, simply change this dollar amount in the KW Cares field. NOTE: Always make sure you have written authorization for all deductions from an associate’s 1099 income. |
| KW Family Fund | WinMORE automatically calculates this field showing the KW Family Fund deduction for this transaction based on the information entered into the associate record. Any entry made in the Command commission request will override any amount entered into the associate record in WinMORE. However, if the associate desires to change this dollar amount, simply change it in the KW Family Fund field. NOTE: Always make sure you have written authorization for all deductions from an associate’s 1099 income. |
| BOLD Scholarship | WinMORE automatically calculates this field showing the BOLD Scholarship deduction for this transaction based on the information entered into the associate record. Any entry made in the Command commission request will override any amount entered into the associate record in WinMORE. However, if the associate desires to change this dollar amount, simply change it in the BOLD Scholarship field. NOTE: Always make sure you have written authorization for all deductions from an associate’s 1099 income. |
| Deductions | WinMORE automatically calculates this field and displays a pop-up window showing the deductions for this transaction based on the information entered into the associate record. However, if the associate desires to change or add a deduction for this transaction, simply change the information in the Deductions Detail window. NOTE: Always make sure you have written authorization for all deductions from an associate’s 1099 income. |
| Associate Check | WinMORE automatically calculates this field. It is the amount paid to the associate after all deductions. NOTE: Sale of an associate's personal property can be processed at 100 percent to the associate, less E&O insurance and Agent Royalty if applicable. Collect a transaction fee per your Market Center’s policies, or bill the associate through AccountEdge associate bills for the personal transaction fee. Do not enter this fee into WinMORE as commission income—enter it as a deduction if the agent desires. NOTE: Please refer to the KW Policies & Guidelines Manual for guidelines regarding personal transactions. NOTE: Verify that your E&O insurance carrier covers associate personal transactions. |
| Company Commission | WinMORE automatically calculates this field. It is gross commission income multiplied by the Market Center split %. It is the amount of Company Dollar paid to your Market Center. |
| Pay to KW | WinMORE automatically calculates this field. It is the amount of commission paid to your Market Center plus E&O and Agent Royalty, if applicable. |
| Written Volume | WinMORE automatically calculates this field. The written volume is based on the sales price of the property entered on Page 2 of the DA. NOTE: Enter zero price or volume for an associate's personal property sale. Please refer to the KW Policies & Guidelines Manual for guidelines regarding personal transactions. |
| Closed Volume | WinMORE automatically calculates this field. If the sales price changes from the time the sale is first entered to the time it closes and is posted, make sure this field is recalculated. Production is based on the actual price at closing. NOTE: Enter zero price or volume for an associate's personal property sale. Please refer to the KW Policies & Guidelines Manual for guidelines regarding personal transactions. |
| Adjusted Volume | WinMORE automatically calculates this field. The Keller Williams Adjusted Volume is calculated as follows:
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