Setup Percentage Fee with Min/Max Values

Overview:

In this article, we'll review how to configure a commission schedule percentage fee with a minimum and/or maximum limit to the fee amount. This feature ensures that the fee always falls within the defined range, regardless of the calculated percentage.

• Ability to set the minimum and/or maximum limit on a fee that calculates off of a percentage of another value

Use Case Example:

An agent is charged a fee that is 10% of the GCI, but the fee will never be less than $50 or more than $500, no matter the GCI amount.

Please find the available resource below. 

Quick Reference:

Link to Full Step-by-Step Guide