Order the commission splits
Commission waterfalls can produce different results depending on which fee is deducted first. This tool clearly applies the referral fee, then the transaction-side allocation, brokerage split, and retained team share.
- Net after referral equals gross commission less the entered referral percentage
- Broker side applies the entered transaction-side share
- Agent share applies the brokerage split
- Estimated agent net applies the retained team share
Confirm the governing agreement
Caps, minimums, transaction fees, draws, bonuses, and house-account rules can change an actual commission statement.
- Check whether referral is charged before or after the house split
- Confirm split tiers and cap status
- Add transaction fees outside this simplified waterfall
- Treat the result as a transparent estimate
Citation facts
- A commission waterfall should disclose the order in which referral, side, brokerage, and team allocations are applied.
- Estimated agent net is not the same as after-tax income.
- Brokerage and referral agreements control when their terms differ from a planning calculator.