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When do Estate Agents get a bonus - after STC or after Completion?

The title says it all.

Comments

  • davidmcn
    davidmcn Posts: 23,596 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    If you mean the individual employees, my understanding that any commission is typically paid after their bill is actually paid (irrespective of how early their invoice was issued). Which would generally be at completion.
  • The agents I know are paid quarterly bonus payments in the quarter following the completion of the sale.

    I also know some agents who are not paid bonus payments but given salary increments at the year end

    From that I guess it varies which agent you work for and their specific terms of employment
    in S 38 T 2 F 50
    out S 36 T 9 F 24 FF 4

    2017-32 2018 -33 2019 -21 2020 -5 2021 -4 2022
  • AdrianC
    AdrianC Posts: 42,189 Forumite
    Eighth Anniversary 10,000 Posts Name Dropper
    Until exchange, there is no sale. Nothing is due until then, on the vast majority of EA contracts.
  • Crashy_Time
    Crashy_Time Posts: 13,386 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    Many of them don`t get bonuses any more.
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