This form is a table showing the following information:
" Period Covered;
" Salesperson's name;
" Territory;
" Date Commissioned Earned;
" Order #;
" Name of Client;
" Commission; and
" Amount of Sale
Totals are shown at the bottom of the form.
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A commission split in real estate refers to the division of the earned commission between brokerages and agents involved in a transaction. Common splits may vary, with some agents working under a 50/50 split, while others negotiate percentages based on experience and performance. Understanding commission splits is vital for agents planning their financial future. The Tennessee Commission Summary provides detailed information on common practices within the state.
