My Options
You can use My Options to update your email address, upload a logo, add an email signature and manage notifications you receive by email from Terradatum.
Note: Other than user information, values in fields that are grayed out have been entered by a user at a higher level of authority. Please contact that individual for information relating to any of these values.
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1. Check or uncheck this box. If you wish to receive email notifications from Terradatum (for example, when the system is going to be unavailable due to maintenance or a product update), check the box. If you do not wish to receive these messages, uncheck the box. 2. If you've made a change, click the Save Changes button. 3. Click OK to close the window.
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•Select an office from the list to view the values that have been entered for that office. •To make changes: Click in the appropriate box, delete the current value and enter the desired information. Click the button at the bottom of the page to save your changes.
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Office Admin Fee |
The administration fee deducted from the total commission (GCI) before the commission split is calculated. Used in Net $ calculations. |
Monthly Desk Cost |
1.Calculate the total of 12 consecutive months’ worth of expenses. 2.Divide the total by 12 for the average monthly expense figure. 3.Divide the average monthly expense figure by the number of desks. |
Number of Desks |
The total number of desks that the office uses for expense amortization purposes. |
Average Commission Side |
The true commission percentage (per transaction side) after all deal concessions have been made. Represents the ratio of GCI received from escrow divided by the closed transaction dollar volume. (Example: $2,000,000 (GCI) divided by $75,000,000 (closed $ volume) = 2.67% average commission side.) |
Minimum Target Desk Cost Coverage |
The minimum “acceptable” desk cost coverage percentage. The default setting is 100%, indicating a breakeven point between revenue and expenses. Displayed as a dotted blue line on Performance Management screens, this figure provides a reference point for management. Not a goal; see the Monitor Performance tab for more information. |
Minimum Target Return on Revenue |
The minimum “acceptable” percentage return on revenue. The default setting is 0%, indicating the breakeven point (no profit or loss). Displayed as a dotted blue line on Performance Management screens, this figure provides a reference point for management. Not a goal; see the Monitor Performance tab for more information. |
Retained Dollar % |
The ratio of Company $ to GCI (Company $ divided by GCI). Company dollar is usually comprised of two components: the admin fee taken off the top of the total GCI received, an the office/company side of the commission splits with the agents. (Example: Admin fee = 6%, average office side commission = 23%, then the retained dollar % would be calculated as follows: .06*GCI + .23*(.94*GCI) = .06*GCI + .216*GCI = .276*GCI, or 27.6% *GCI. 27.6% is the Retained Dollar %. |
Save Changes |
Click this button to save the additions or changes you have made. |
To make changes: •Click in the appropriate box, delete the current value and enter the desired information. •Click the button at the bottom of the page to save your changes.
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To make changes: •Click in the appropriate box, delete the current value and enter the desired information. •Click the button at the bottom of the page to save your changes. •These goals are displayed as dashed red lines on the Monitor Performance page (see the Agent Performance and Performance management tools). •Annual goals for percentage increases in listings and closings are entered on the Goals tab.
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