Dear All,
Greetings from Sobha!
Please be advise that this Ramadan, we will be offering a special 4% commission rate for ALL BROKERS from today, 4th June until 18th June 2017.
“Brokers” are classified as corporate agents who are engaged and mainly operating as a real estate agency in and out of the UAE.
Meanwhile, 2% commission rate still applies to all channel partners/Sobha Connect partners. Channel Partners and Sobha Connect Partners are classified as individual freelancers and corporate agents that operates as non-real estate as per trade license.
June 2017 Commission Structure | ||
Project | Brokers (Valid only until 18th June 2017) | Channel Partners/Sobha Connect (from 29th May until end of June 2017) |
Apartments | 4% | 2% |
Villas | 4% | 2% |
Townhouse | 4% | 2% |
Plots | 2% | 2% |
Moreover, monthly & quarterly bonus scheme for ALL brokers/channel partners/Sobha connect below is valid until end of July 2017.
Proposed Monthly Bonus Amount | |||||
| Monthly Sales Value (AED) | Bonus (AED) | Bonus % | 3% Commission (AED) | Commission with Bonus(AED) |
| 15,000,000 | 30,000 | 0.20% | 450,000 | 480,000 |
| 25,000,000 | 50,000 | 0.20% | 750,000 | 800,000 |
| 35,000,000 | 70,000 | 0.20% | 1,050,000 | 1,120,000 |
| 50,000,000 | 100,000 | 0.20% | 1,500,000 | 1,600,000 |
Above | 50,000,000 | 125,000 | 0.25% | 1,500,000 | 1,625,000 |
Proposed Quarterly Bonus Amount- Over and above the monthly bonus | |||||
| Quarterly Sales Value (AED) | Bonus (AED) | Bonus % | 3% Commission (AED) | Commission with Bonus(AED) |
| 50,000,000 | 25,000 | 0.05% | 1,500,000 | 1,525,000 |
| 75,000,000 | 40,000 | 0.05% | 2,250,000 | 2,290,000 |
| 100,000,000 | 50,000 | 0.05% | 3,000,000 | 3,050,000 |
Above | 100,000,000 | 70,000 | 0.07% | 3,000,000 | 3,070,000 |
All “broker” sales after 18th June 2017 will be at a 3% rate or until a new commission scheme is announce.
Channel partner/Sobha connect remains at a 2% rate until further notice.
Should you require further clarification please feel free to conatct me back at 00971-50-8866445
Thank you & Kind Regards,
| Fakhar Iqbal Manager-Sales Sobha LLC P.O Box – 125250, Dubai, United Arab Emirates Cell: +971 50 886 6445 Tel: +971 4 552 3015 Ext – 202 Email: fakhar.iqbal@Sobha-ME.com | |
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