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

Pam Voertman's Avatar Topic Author
Pam Voertman
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!
Posted 1 week 3 days ago
Amanda Rupp Lynch's Avatar Topic Author
Amanda Rupp Lynch
New lease - $100 - paid to the person that toured prospect.
Renewals - $100 - split evenly amongst the entire team.
Posted 1 week 3 days ago
Anonymous's Avatar Topic Author
Anonymous
New lease = 10% of rent, with a cap of $200.
Renewal = $100 each, split evenly amongst entire team.
Posted 1 week 3 days ago
Pam Voertman's Avatar Topic Author
Pam Voertman
Thank you! I am assuming entire team includes maintenance staff which it definitely should.
Posted 1 week 3 days ago
Anonymous's Avatar Topic Author
Anonymous
YES!! They’re absolutely just as deserving of that bonus as anyone else!!
Posted 1 week 3 days ago
Anonymous's Avatar Topic Author
Anonymous
About 100 per new lease, goes to the person that showed them the apt. About 75 per renewal is split between the entire team.
Posted 1 week 3 days ago
Jenny Lexandra Bolanos's Avatar Topic Author
Jenny Lexandra Bolanos
$50 1-5 lease
$75 6-10 lease
$100 10+ leases
Renewals $100 split between the team. (Office and maintenance)
Posted 1 week 3 days ago
Brooklyn Kay's Avatar Topic Author
Brooklyn Kay
$230 for new leases. $185 to the person who toured the resident and $45 of that is split amongst service team.
Posted 1 week 3 days ago
Shauna McAllister's Avatar Topic Author
Shauna McAllister
$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
Posted 1 week 3 days ago
Silvia Jasmin's Avatar Topic Author
Silvia Jasmin
$125 new move in
$75 lease renewal
Lease renewals are split only between office staff
Posted 1 week 3 days ago
Peggy Lannery Crowley's Avatar Topic Author
Peggy Lannery Crowley
$150/ léase for whoever tours. $150/ renewal split between leasing and Maintenance.
Posted 1 week 3 days ago
Sherie Walker's Avatar Topic Author
Sherie Walker
80 per new lease
10 per person per renewal including all maintenance staff.
Posted 1 week 3 days ago
Billy Aamodt's Avatar Topic Author
Billy Aamodt
$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.
Posted 1 week 3 days ago
Dana Evans's Avatar Topic Author
Dana Evans
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.
Posted 1 week 3 days ago