Commission invoice template

Fully editable with custom branding and pre-written offering. Send and get paid online.

Commission invoice template

Fully editable with custom branding and pre-written offering. Send and get paid online.

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First Name
Last Name
Acme LLC.
Client
First Name
Last Name
Corporation Corp.
First Name
Last Name
Acme LLC.
Client
First Name
Last Name
Corporation Corp.

Commission invoice template

Fully editable with custom branding and pre-written offering. Send and get paid online.

Commission invoice template

Fully editable with custom branding and pre-written offering. Send and get paid online.

Bonsai has helped create 1,023,928 documents and counting.

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business owners

Date: March 8th 2023


Between:

Coach:

First_name
Last_name
Acme LLC.
Client:

First_name
Last_name
Corporation Corp.

This Contract is between Client (the "Client") and Acme LLC, a California limited liability company (the "Coach").

The Contract is dated January 23, 2023.

1. WORK AND PAYMENT.

1.1 Project. The Client is hiring the Coach to develop a coaching relationship between the Client and Coach in order to cultivate the Client's personal, professional, or business goals and create a plan to achieve those goals through stimulating and creative interactions with the ultimate result of maximizing the Client's personal or professional potential.

1.2 Schedule. The Coach will begin work on February 1, 2023 and will continue until the work is completed. This Contract can be ended by either Client or Coach at any time, pursuant to the terms of Section 4, Term and Termination.

The Coach and Client will meet by video conference, 4 days per month for 2 hours.

1.3 Payment. The Client will pay the Coach an hourly rate of $150. Of this, the Client will pay the Coach $500.00 (USD) before work begins.

1.4 Expenses. The Client will reimburse the Coach's expenses. Expenses do not need to be pre-approved by the Client.

1.5 Invoices. The Coach will invoice the Client in accordance with the milestones in Section 1.3. The Client agrees to pay the amount owed within 15 days of receiving the invoice. Payment after that date will incur a late fee of 1.0% per month on the outstanding amount.

1.6 Support. The Coach will not be available by telephone, or email in between scheduled sessions.

2.DUTIES AND RESPONSIBILITIES.

- A coaching relationship is a partnership between two or more individuals or entities, like a teacher-student or coach-athlete relationship. Both the Client and Coach must uphold their obligations for the relationship to be successful.

- The Coach agrees to maintain the ethics and standards of behavior established by the International Coaching Federation (ICF).

- The Client acknowledges and agrees that coaching is a comprehensive process that may explore different areas of the Client's life, including work, finances, health, and relationships.

- The Client is responsible for implementing the insights and techniques learned from the Coach.

3. REPRESENTATIONS.

3.1 Overview. This section contains important promises between the parties.

3.2 Authority To Sign. Each party promises to the other party that it has the authority to enter into this Contract and to perform all of its obligations under this Contract.

3.3 Coach Has Right To Give Client Work Product. The Coach promises that it owns the work product, that the Coach is able to give the work product to the Client, and that no other party will claim that it owns the work product. If the Coach uses employees or subcontractors, the Coach also promises that these employees and subcontractors have signed contracts with the Coach giving the Coach any rights that the employees or subcontractors have related to the Coach's background IP and work product.

3.4 Coach Will Comply With Laws. The Coach promises that the manner it does this job, its work product, and any background IP it uses comply with applicable U.S. and foreign laws and regulations.

3.5 Work Product Does Not Infringe. The Coach promises that its work product does not and will not infringe on someone else's intellectual property rights, that the Coach has the right to let the Client use the background IP, and that this Contract does not and will not violate any contract that the Coach has entered into or will enter into with someone else.

3.7 Client-Supplied Material Does Not Infringe. If the Client provides the Coach with material to incorporate into the work product, the Client promises that this material does not infringe on someone else's intellectual property rights.

4. TERM AND TERMINATION

This Contract is ongoing until it expires or the work is completed. Either party may end this Contract for any reason by sending an email or letter to the other party, informing the recipient that the sender is ending the Contract and that the Contract will end in 7 days. The Contract officially ends once that time has passed. The party that is ending the Contract must provide notice by taking the steps explained in Section 9.4. The Coach must immediately stop working as soon as it receives this notice unless the notice says otherwise.

If either party ends this Contract before the Contract automatically ends, the Client will pay the Contractor for the work done up until when the Contract ends. The following sections don't end even after the Contract ends: 3 (Representations); 6 (Confidential Information); 7 (Limitation of Liability); 8 (Indemnity); and 9 (General).

3. INDEPENDENT CONTRACTOR.

The Client is hiring the Coach as an independent contractor. The following statements accurately reflect their relationship:

- The Coach will use its own equipment, tools, and material to do the work.

- The Client will not control how the job is performed on a day-to-day basis. Rather, the Coach is responsible for determining when, where, and how it will carry out the work.

- The Client will not provide the Coach with any training.

- The Client and the Coach do not have a partnership or employer-employee relationship.

- The Coach cannot enter into contracts, make promises, or act on behalf of the Client.

- The Coach is not entitled to the Client's benefits (e.g., group insurance, retirement benefits, retirement plans, vacation days).

- The Coach is responsible for its own taxes.

- The Client will not withhold social security and Medicare taxes or make payments for disability insurance, unemployment insurance, or workers compensation for the Coach or any of the Coach's employees or subcontractors.

6. CONFIDENTIAL INFORMATION.

6.1 Overview. This Contract imposes special restrictions on how the Client and the Coach must handle confidential information. These obligations are explained in this section.

6.2 The Client's Confidential Information. While working for the Client, the Coach may come across, or be given, Client information that is confidential. This is information like customer lists, business strategies, research & development notes, statistics about a website, and other information that is private. The Coach promises to treat this information as if it is the Coach's own confidential information. The Coach may use this information to do its job under this Contract, but not for anything else. For example, if the Client lets the Coach use a customer list to send out a newsletter, the Coach cannot use those email addresses for any other purpose. The one exception to this is if the Client gives the Coach written permission to use the information for another purpose, the Coach may use the information for that purpose, as well. When this Contract ends, the Coach must give back or destroy all confidential information, and confirm that it has done so. The Coach promises that it will not share confidential information with a third party, unless the Client gives the Coach written permission first. The Coach must continue to follow these obligations, even after the Contract ends. The Coach's responsibilities only stop if the Coach can show any of the following: (i) that the information was already public when the Coach came across it; (ii) the information became public after the Coach came across it, but not because of anything the Coach did or didn't do; (iii) the Coach already knew the information when the Coach came across it and the Coach didn't have any obligation to keep it secret; (iv) a third party provided the Coach with the information without requiring that the Coach keep it a secret; or (v) the Coach created the information on its own, without using anything belonging to the Client.

6.3 Third-Party Confidential Information. It's possible the Client and the Coach each have access to confidential information that belongs to third parties. The Client and the Coach each promise that it will not share with the other party confidential information that belongs to third parties, unless it is allowed to do so. If the Client or the Coach is allowed to share confidential information with the other party and does so, the sharing party promises to tell the other party in writing of any special restrictions regarding that information.

7. LIMITATION OF LIABILITY.

Neither party is liable for breach-of-contract damages that the breaching party could not reasonably have foreseen when it entered this Contract.

8. INDEMNITY.

8.1 Overview. This section transfers certain risks between the parties if a third party sues or goes after the Client or the Coach or both. For example, if the Client gets sued for something that the Coach did, then the Coach may promise to come to the Client's defense or to reimburse the Client for any losses.

8.2 Client Indemnity. In this Contract, the Coach agrees to indemnify the Client (and its affiliates and their directors, officers, employees, and agents) from and against all liabilities, losses, damages, and expenses (including reasonable attorneys' fees) related to a third-party claim or proceeding arising out of: (i) the work the Coach has done under this Contract; (ii) a breach by the Coach of its obligations under this Contract; or (iii) a breach by the Coach of the promises it is making in Section 3 (Representations).

8.3 Coach Indemnity. In this Contract, the Client agrees to indemnify the Coach (and its affiliates and their directors, officers, employees, and agents) from and against liabilities, losses, damages, and expenses (including reasonable attorneys' fees) related to a third-party claim or proceeding arising out of a breach by the Client of its obligations under this Contract.

9. GENERAL.

9.1 Assignment​. This Contract applies only to the Client and the Coach. Neither the Client nor the Coach can assign its rights or delegate its obligations under this Contract to a third-party (other than by will or intestate), without first receiving the other's written permission.

9.2 Arbitration. As the exclusive means of initiating adversarial proceedings to resolve any dispute arising under this Contract, a party may demand that the dispute be resolved by arbitration administered by the American Arbitration Association in accordance with its commercial arbitration rules.

9.3 Modification; Waiver. To change anything in this Contract, the Client and the Coach must agree to that change in writing and sign a document showing their contract. Neither party can waive its rights under this Contract or release the other party from its obligations under this Contract, unless the waiving party acknowledges it is doing so in writing and signs a document that says so.

9.4. Noticies.

(a) Over the course of this Contract, one party may need to send a notice to the other party. For the notice to be valid, it must be in writing and delivered in one of the following ways: personal delivery, email, or certified or registered mail (postage prepaid, return receipt requested). The notice must be delivered to the party's address listed at the end of this Contract or to another address that the party has provided in writing as an appropriate address to receive notice.

(b) The timing of when a notice is received can be very important. To avoid confusion, a valid notice is considered received as follows: (i) if delivered personally, it is considered received immediately; (ii) if delivered by email, it is considered received upon acknowledgement of receipt; (iii) if delivered by registered or certified mail (postage prepaid, return receipt requested), it is considered received upon receipt as indicated by the date on the signed receipt. If a party refuses to accept notice or if notice cannot be delivered because of a change in address for which no notice was given, then it is considered received when the notice is rejected or unable to be delivered. If the notice is received after 5:00pm on a business day at the location specified in the address for that party, or on a day that is not a business day, then the notice is considered received at 9:00am on the next business day.

9.5 Severability. This section deals with what happens if a portion of the Contract is found to be unenforceable. If that's the case, the unenforceable portion will be changed to the minimum extent necessary to make it enforceable, unless that change is not permitted by law, in which case the portion will be disregarded. If any portion of the Contract is changed or disregarded because it is unenforceable, the rest of the Contract is still enforceable.

9.6 Signatures. The Client and the Coach must sign this document using Bonsai's e-signing system. These electronic signatures count as originals for all purposes.

9.7 Governing Law. The validity, interpretation, construction and performance of this document shall be governed by the laws of the United States of America.

9.8 Entire Contract. This Contract represents the parties' final and complete understanding of this job and the subject matter discussed in this Contract. This Contract supersedes all other contracts (both written and oral) between the parties.

THE PARTIES HERETO AGREE TO THE FOREGOING AS EVIDENCED BY THEIR SIGNATURES BELOW.

Coach

First_name
Last_name
Acme LLC.
Client

First_name
Last_name
Corporation Corp.
Table of contents

As a freelance sales or real estate agent, you invest all of your time on day to day tasks like market research, networking, prospecting, and closing deals. So when it's time to request your commission payment, you want your invoices to reflect all your hard work and leave your client with an excellent final impression of your services. But with so much to take care of, you don't always have the time to sit down and create the perfect invoice.

Well, there's an efficient workaround that will surely save you time and improve your invoicing process; Create your own commission invoice template. By having all the basic but vital elements covered on a pre-filled form, you can quickly create the perfect invoice and minimize billing errors. A well-designed invoice can also help you strengthen relationships with your clients and even lead to more work.

Read on to find out what important elements your invoice template should cover.

Note: Time to get paid? Save time and create professional invoices with Bonsai's invoicing software. You'll find the best invoice templates and endless administrative tools to meet your business needs and step up your invoicing game.

Essential Elements of a Sales Commission Invoice Template

When creating your commission invoice template keep in mind your clients should be able to easily identify and understand the charges as well as payment instructions. Include all the necessary details (without going overboard) while making sure all business-related information is in place to help you keep clean accounting records for a smooth tax season.

To create a perfect real estate agent invoice every time, include the following elements on your template.

Real Estate Agent Information

Start your sales commission invoice template with a section for your full name (or business name if applicable), business address, phone number, email and website. You can also mention any specialized services you offer such as property inspection, professional photography, developer deals, etc., as well as your credentials or licensing information.

For more professional invoices, add your professional logo or any branding elements you consider appropriate which will make your invoices unique and easily recognizable for your clients.

Seller & Property Information

Next, add your client's (seller) information starting with their full name (or company name), phone number, billing address, and e-mail address if you send digital invoices. Add a few lines to provide any relevant information about the property such as the street address, asking price, and whether it's being sold or rented. If you are billing for multiple properties (i.e. if you're working for a developer) skip this information and list the properties sold/rented in the transaction section.

Invoice Number and Date

Don't forget to assign a unique invoice number to all of your invoices to help you keep your paperwork organized and make it easier to track your client's payments. This will also avoid delays in payments since your clients may return unnumbered invoices. Include the invoice date (when it was sent out, not created) to help you determine the payment due date and apply penalties to overdue invoices accordingly.

Commissioned Transaction

Provide all the details of the transaction you are requesting the commission payment for. Include the total sales or lease price, commission percentage according to the listing agreement, and the total commission due. Aside from your sales commissions, you may also include any extra charges such as property staging, valuation etc., providing a short description, unit price and the total cost. If you are billing for any of your services on an hourly basis, specify the amount of time spent on each task, the hourly rate and the total due.

Totals

On the totals section of your sales commission invoice template you want to specify the subtotal (sum of commissions owed plus extra charges), then add taxes if applicable, and the total amount due. If you offer any discount to your client (referrals, promotions, multiple homes, etc...), highlight it in this section by subtracting the discounted amount from the subtotal and then adding the tax. Don't forget to briefly mention what the discount is for so your client can easily identify it.

Payment Details

It's very important to provide clear and easy-to-follow payment instructions to make this process as efficient as possible. Start with a list of all accepted payment methods such as credit/debit cards, checks, cash, ACH transfers or online payments along with the corresponding payment links, account numbers and mailing address.

You also want to clearly disclose your payment terms including invoice due date, penalties for overdue payments and payment arrangements available as previously stated on your listing contract.

Notes

Finally, leave a section at the end of your real estate commission invoice template to write a thank you message for your clients or a personal note to let them know you appreciate their trust in you as their sales agent. This simple addition will convey a professional and caring image which adds to a great service and may lead to valuable referrals or good reviews for your service.

Free Commission Invoice Template for Real Estate Agents

Making sure every sale is a success requires all of your time and attention. You probably don't want another daunting administrative task on your plate like creating your own invoice template. Luckily, you can simply download Bonsai's free sales commission invoice template and easily customize every aspect of it to your liking.

Once you have your free invoice template ready, save it in your preferred file format (Microsoft excel, adobe pdf, etc...), to bill your clients consistently and professionally. You can also integrate different payment options and link your business checking account to have instant access to your funds when your clients pay. Want even more efficiency?

Use Bonsai to automatically send payment reminders, receive partial payments, get viewing notifications, and apply late fees. You can also use our accounting software to manage your business finances by getting income reports, get tax estimates, track your expenses and more. Come on board, we've got your back!

Frequently Asked Questions
Questions about this template.

What is a commission invoice?

When a commission is due, at the conclusion of a lease or sale of a property, or both, an estate agent invoice is a form used by agents, brokers, and realtors and given to the client. The sales or lease price of what was covered by the agreement should be used to complete the invoice.

Is there a template for invoice in Microsoft Word?

Microsoft offers free invoice templates, but if you're looking for something simpler, consider Bonsai. The billing software from Bonsai is simply the best. Simply add your logo and the necessary information, then email the invoice.

How do you write a dental invoice?

The ideal way to send clients expert billing requests is with free dental invoice templates from Bonsai. You can send partial payment requests, set up recurring payments, and fully automate the process with our invoicing software.