Topic: What does your company pay for commissions and how is it split between staff?

Just curious. On new resident move-ins and lease renewals what does your company pay for commissions and how is it split between staff. Thank you!

New lease - $100 - paid to the person that toured prospect.
Renewals - $100 - split evenly amongst the entire team.

New lease = 10% of rent, with a cap of $200.
Renewal = $100 each, split evenly amongst entire team.

Thank you! I am assuming entire team includes maintenance staff which it definitely should.

YES!! They’re absolutely just as deserving of that bonus as anyone else!!

About 100 per new lease, goes to the person that showed them the apt. About 75 per renewal is split between the entire team.

$50 1-5 lease
$75 6-10 lease
$100 10+ leases
Renewals $100 split between the team. (Office and maintenance)

$230 for new leases. $185 to the person who toured the resident and $45 of that is split amongst service team.

$50 base plus the difference between old rent and new rent. So if old resident moving out was paying $1850 and the new lease is $2250, they make $50 + $400 so $450

$125 new move in
$75 lease renewal
Lease renewals are split only between office staff

$150/ léase for whoever tours. $150/ renewal split between leasing and Maintenance.

80 per new lease
10 per person per renewal including all maintenance staff.

$75 per new, $75 per renewal, and double anything over market. If market is $1800 and you rent it for $1850 then that $50 is doubled. In addition to the $75.

10% of effective rent amount for both. Leases paid to the associate that procures the lease, renewals split 60%office/40%maintenance. Lease ups have an additional kicker bonus for achieving budgeted move in goals. Stabilized have additional monthly KPI bonus for PM and Service Manager for achieving budgeted NOI, completed make ready %, budgeted move in/occupancy goals, Service Manager has monthly KPI for % of service requests completed in 48 hours or less.