Entering and Managing Deals
Every deal in SplitRE moves through a lifecycle. Understanding what each stage locks in place will save you from surprises later.
Draft
Go to Deals to start a new deal, or open an existing draft to keep editing it. While a deal is a draft:
- Click Save Draft to save your progress without confirming — nothing is emailed to the agent, and nothing is final.
- If you're editing an existing draft, the same button reads Update Draft.
- Drafts don't count toward cap totals yet.
Confirm
When a deal is ready to be finalized, click Confirm & Email Agent. This:
- Locks the deal's numbers into a permanent breakdown snapshot (edits after this point require an amendment, not a direct edit).
- Recalculates the commission server-side — the numbers you see in the preview are double-checked, not just trusted from your browser.
- Assigns the deal a sequential Deal #, shown in its own column on the Deals list — a stable reference that doesn't repeat or change even if the address does (the same property can close more than once over the years).
- Updates the agent's cap ledger for the year.
- Emails the agent their commission breakdown.
An agent can never be confirmed into a negative payout — SplitRE blocks any confirmation that would leave the agent's net below $0.
Amend
Need to fix a confirmed deal? Open it and click Amend, which takes you to an amendment form. Saving it (Save Amendment) creates a new deal record linked back to the original — the original stays in your history for an audit trail, and the amendment's numbers are what count going forward for cap and reporting purposes.
Removing a deal
What "removing" means depends on whether the deal was ever confirmed:
- A draft was never a real transaction, so it can be deleted outright: open it and click Delete draft, then confirm. This permanently removes the record — it never counted toward cap totals, so nothing else is affected.
- A confirmed deal is a financial record — it's voided, never deleted, so there's always a trail of what actually happened. Open it and click Void the deal, then Confirm void. This reverses its contribution to the agent's cap ledger for the year and emails both you and the agent, since it's changing a record they may be relying on.