The Fine Print: Understanding Commissionable Gross
The Fine Print: Understanding Commissionable Gross
An agent is obligated to be transparent about what they commission. Usually, they take their 10% from the Gross Guarantee. however, sophisticated agents help negotiate “Net Deals” where expenses (sound, lights, catering) are deducted before the split is calculated.
You should receive a “Statement of Account” for every tour. If an agent is deducting “office fees” or “marketing costs” from your check without prior written consent, they are likely breaching their fiduciary duty.
The Bottom Line: Every penny deducted from your check should have a corresponding receipt or a clause in your contract.
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