How to Add & Manage Allocations Correctly

How to Add & Manage Allocations Correctly

Allocations are used to distribute portions of a deal’s commission to an agent, individual, outside brokerage, or organization. They determine the final amounts and taxes that are paid and reported.

Step-by-step instructions

1. Open the deal
Go to the relevant deal where you want to add or update allocations.

2. Check the People page (optional but recommended)
Ensure all payable parties (agents, outside brokerages, or individuals) are added to the People page before adding commissions.

  • If they are added before commissions, allocations will auto-populate for eligible roles (e.g., Outside Broker).

3. Go to the Allocations section
Navigate to the Allocations area within the deal.

4. Click “New”
Select the New button to add a new allocation.


5. Select the party
Choose the agent, person, outside brokerage, or organization from the dropdown list.

6. Enter allocation details: Input or modify the required allocation amount and any applicable tax information.
Allocation Ends 
The allocation end is used for reporting purposes and for calculating end counts and an agent’s sales volume only. It does not affect the monetary value of the allocation.

Each side of a deal can only equal a total end count of 1.

For example, if two agents share the list side, the allocation can be split between them. Siobhan and Mohammed each receive 0.5 List End, which together equal 1 List End. On the sell side, Thomas receives the full 1 Sell End.

🔑 Key Note: 

  • Allocation ends are used for reporting and sales volume tracking only
  • They do not impact commission dollar amounts
  • Each deal side (List or Sell) must always total 1.0 end

Overriding Allocation Ends

You can manually override the End field if needed. If no overrides are applied, Loft will automatically split ends evenly between agents.

You may override just one agent’s end, and the system will automatically adjust the remaining agents so the total always equals 1.0 end per side.

Examples

No override (2 agents):

  • Agent A: 0.5
  • Agent B: 0.5

One override (2 agents):

  • Agent A: 0.7 (manual)
  • Agent B: 0.3 (auto-calculated)

One override (3 agents):

  • Agent A: 0.4 (manual)
  • Agent B: 0.3 (auto-calculated)
  • Agent C: 0.3 (auto-calculated evenly)

🔑 Override only what’s needed—Loft will handle the rest automatically.

Allocation Flat Rate Amount 💰This field is used to override the monetary value of an allocation. Allocations must still total 100% of the commission sides defined on the deal’s Commission page.

Example

  • If the total List Commission is $3,000 split between Siobhan and Mohammed, but Siobhan is to receive $2,000:

    • Override Siobhan’s allocation to $2,000
    • Mohammed’s amount will automatically adjust to $1,000

    No override is needed for Mohammed—the system will calculate the remaining balance automatically.


Allocation Taxes 🧾

By default, the tax on an allocation is based on the tax rate set at the deal’s office level. You can override this by entering a custom value in the Tax Override field.


7. Update the allocation to save. 

🔑 If you add payable parties to the People page after commissions have already been added, they will not automatically appear in Allocations. You must manually add them using the steps above. 

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