Set up Referrer Defaults

Referrer Defaults:

Companies often pay commission to agents that refer property to them. FWS has a complete solution for paying your referring partners. The system is designed to pay a percentage of commission collected from the consignor. The illustration below specifies that 30% of all commissions collected from the consignor will be remitted to the Referrer during auction settlement. Settlements are generated under Auction Application/Referrer.

You may choose to pay a referrer differently for each type of auction, or set a global system under "All Auction Types".