• Tuesday, June 18, 2024
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Gtext announces change in rewards for realtors

Gtext announces change in rewards for realtors

The management of Gtext and Associates, in a bid to further maximise profit for its realtors across the globe has announced a change in its commission structure to further reward its growing pool of realtors.

This was announced in a statement signed by Farouq Usman, PR and communications manager, who further disclosed that the change in rewards has resulted in the increase of the existing commission structure by three percent.

According to the statement, nine commission outlines were adjusted including 13 percent on direct commission on prelaunch land sales, eight percent on direct commission on off plan housing sales, 2.5 percent on direct commission on secondary market, one percent on UK property sale commission and one percent on US property sale commission.

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Others are two to three percent commission on Dubai property sales, two percent on Gvest sales and three percent on Gvest sales higher than N50m or $100,000.

Meanwhile, already launched estate land sales would get 10 percent direct commission, while ready-to-move-in Gtext Housing sales would be paid on the basis of five percent commission.

“Gtext and Associates is a subsidiary of Gtext Holdings created with the aim to build wealth for people through real estate and investment sales,” Usman stated.