New Sales:
15% commission on rent for a 6 - 12 month lease.
10% commission on rent for a 1 – 5 month lease.
Renewals:
5% commission on rent for a 6 -12 month lease.*
Expansions:
Receive 10% commission on rent for expansions outside of original Servcorp location.^
Virtual Office Package:
$500 Virtual Office package at 3 months
+ an additional $100 after 12 months.+
Address or Communications Package:
$200 per package at 3 months
+ an additional $100 after 12 months. +
Upgrades:
If a Virtual Office client upgrades to a Service Office in the first 6 months, new sales commission is payable minus any commission amount already paid.
Dedicated Desk:
Hot Desk:
$400 per Hot Desk package sold
+ receive an additional $100 after 3 months
+ $100 per Address and Phone add-on sold at the time of signing paid at 3 months.
Receive a $50 commission on all successful meeting room or boardroom referrals.
Send us your client’s contact details and we will liaise with them to assess their requirements. We’ll keep you posted on the progress.
Qualified Referrals
For a referral to be accepted by Servcorp it must contain a valid contact name, company name and
telephone number of the enquiry. It is Servcorp policy not to provide information on Servcorp via a third party and thus unless
Servcorp can contact the enquiry directly and schedule an appointment to tour we cannot confirm acceptance of the referral.
Alternatively you can bring your prospective client in and tour with a Servcorp Manager.
Commission
After providing a successful referral, commission is paid to the Agency and will be calculated at 10% of
the Office Rental or minimum of $1,000, whichever is the greater and payable on the initial lease term of a maximum 12 month period.
This is at the discretion of Servcorp management. If the Service Agreement provides the new client with an early termination clause,
commission is calculated on the lease period up to this early termination date. Promotional commission rates may be offered from time
to time in specific cities / locations. Servcorp reserves the right to terminate this program at anytime
Rewards
After providing a successful referral, Servcorp will provide each individual agent a gift voucher of
relevant value to the term of the Service Agreement. Each agent may nominate the type of gift voucher they would prefer i.e. Visa,
Westfields, Bunnings. Vouchers are non- cumulative. No cash will be offered to the agents as alternative payment. Membership will
be immediately terminated once an agent leaves the commercial real estate industry, but should the agent change agencies, the gift
vouchers remain in his/her name. Reward vouchers are not applicable for extensions and/ or renewals. Servcorp reserves the right
to terminate this program at any time.
Servcorp Procedure
Refer online via the agents website. Upon receipt of your referral, the Servcorp team will immediately
follow up the enquiry directly and aim to successfully introduce the referral to Servcorp. We individually tailor each Servcorp proposal
to suit the enquiries' needs. Proposals are confidential. After 60 days if we have been unable to make direct contact with your
referral, the referral will be automatically considered no longer valid.
Conflict
Servcorp will accept the first qualified referral received, unless instructed otherwise by the enquiry.
Servcorp will endeavour to notify the Agent of any rejections within four business days. Occasionally due to the volume of enquiries,
different formats, different contacts/company names and changing requirements of the enquiry, errors may occur and affect the
rejection of referrals within 4 business days. Referrals submitted via this website guarantee timely recording of the enquiries.
Referrals submitted over the phone or by personal email to a Servcorp manager may be rejected, should there be an enquiry entered
on the website earlier.
Payment
Servcorp aims to pay commission within 30 days of receiving a successful referral. Commission is
payable upon the receipt of monies for the initial invoice and the signed Service Agreement. All commissions will be made payable to
the Real Estate Agency and not to the individual agent.
Virtual Office Referrals
If your referral takes a virtual office but upgrades to a physical office at Servcorp within six months we
will pay commission.
Renewals/Expansion
Commission and rewards will not be paid on renewals or expansion.
Submittal of a referral to Servcorp indicates acceptance of the above terms and conditions. We reserve the right to amend or terminate the above terms and conditions at any time.
Privacy policy
We use your details you provide only to respond to your enquiry. We will never share, sell, or rent your personal information with
third parties.
*Agent must be actively involved in the renewal negotiations and initiate the discussion with Servcorp prior to the required notice period, as per the client agreement to receive the commission. If Servcorp has already commenced the discussion, the commission is not payable. Renewal commission does not apply for agreements of less than 6 months. ^Agent must initiate the discussion with Servcorp and be involved in expanding their client to locations outside the initial location to be eligible for the commission. If Servcorp has already commenced the discussion, the commission is not payable. The agent will be eligible to receive a commission on up to 5 locations only. + Commission is only payable when the client enters their 3rd month from the commencement date. Should the client terminate before this time, the commission is not payable.
