Setting Up Agent Caps
The cap is the maximum amount your brokerage collects from an agent in a calendar year — see Creating a Commission Plan for how it factors into the calculation itself. This guide covers the one-time setup step: telling SplitRE how much of that cap an agent has already used.
Cap opening balance
If an agent joins mid-year, or you're migrating from another system where they already had deals collected against their cap this year, you need to set their cap opening balance — otherwise SplitRE will think they're starting from $0 and they'll be under-capped for the rest of the year.
- Go to Agents and click the agent's row to open their drawer.
- Find the Cap Opening Balance field — it's described there as the amount of broker cut already collected for this agent before they were added to SplitRE.
- Enter the dollar amount and click Save. If they don't have a prior balance, use Set to zero.
You can also reach a more detailed cap setup flow from that agent's own profile page (via the Cap setup button).
How the cap ledger works after that
Once the opening balance is set, SplitRE tracks the running total automatically — every confirmed deal for that agent adds a row to their cap ledger, with the cumulative total (opening balance + everything collected since) checked against the cap limit before each deal's broker cut is calculated. When the cumulative total reaches the cap, the agent gets 100% (or a flat post-cap fee, if the plan defines one) on every deal for the rest of that calendar year.
The cap year resets every January 1st, based on each deal's closing date — not the date it happens to be confirmed.