Commission agreements
When you rent out a property for an owner, you will want to receive a commission on the rent. For this purpose you create a commission agreement in BEX PMS.
Go to 'Commission agreements' to edit your existing commission agreements or create a new one. A commission agreement can be applied to multiple owners.
Types of commission agreements
Various types of commission agreements are possible:
Fixed return on investment: independent of reservations
Fixed returnFixed commission amount per night of a reservation: the withheld amount is independent of actual revenue
Fixed commission amount per night of a reservationPercentage over rent: the withheld amount is dependent on actual revenue
Setting commission percentagesPool system: profit sharing by multiple owners
Pool systemFixed amount per night dependent on length of stay: amount paid out to owner is independent of actual revenue
Fixed rate per night depending on length of stay
Settlement method
For each commission agreement, you must choose a settlement method. This determines when rental income from reservations is included in a settlement period for the owner. The available options are all relative to the dates of reservations on the objects.
Read more: Settlement methods
Frequency and date of settlement
Monthly settlements are the default for all commission agreements. Settlements will be prepared for the first day of a calendar month, unless you specifically deviate from this.
Read more: Settlement dates