Palm beach villas presentation kit
Jul 17, 2015
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Allowance Incentive• Upon clearing of Reservation Deposit
and complete booking requirements
• Amount of Cash Incentive to seller’s will depend on unit type.
• Net of Withholding Tax
No. of Floors
Construction 19
Marketing(no 4F & 13F) 20
Commercial 1
Parking 3
Residential 15
Density/floor
Amenities (2F) 14
Typical Floor (3F-18F) 17
Booked 10 IncentiveNew Reservation Sale
3,000 cash incentive for every 1M of booked sale
• Upon clearing of down payment (min.10% w/in 30 days from RD) and complete booking requirements
• January – June 2013
• Net of Withholding Tax
Booked 10 IncentivePrior Year Reservation Sale
1,500 cash incentive for every 1M of booked sale
• January – December 2012 sale converted to booked sales (min 10% DP paid from January 2013 – June 2013 and with balloon payment of at least 2% of contract price.
• Net of Withholding Tax
Excellence Award IncentiveAs much as 380,000 cash incentive for BrokersProgressive Cash Award Reservation Sale
(Net)Booked Sale
(Net)
1st Month (time) to hit target
10,000 20,000
2nd Month (time) to hit target
15,000 25,000
3rd Month (time) to hit target
20,000 30,000
4th Month (time) to hit target
25,000 35,000
5th Month (time) to hit target
30,000 40,000
6th Month (time) to hit target
35,000 50,000
MAX Cash Award
135,000 200,000
Excellence Award IncentiveA bonus cash award will be given for those
who EXCEED (more than 100% of their reservation target)
Excellence Award(Reservation Sale)
BONUS (+) Total Cash
100% achievement of 6-mo. Target 15,000 150,000
120% achievement of 6-mo. Target 30,000 165,000
130% achievement of 6-mo. Target 45,000 180,000
Excellence Award Incentive• Performance will be measured by getting the
average % achievement in peso and unit targets.• CATCH UP RULE: For the sales that will fail to hit
their monthly target/s but will be able to meet the total 6 months target of the promo period (Jan-June) the full/max cash award will still be awarded less any released cash incentive/s awarded to them.
• Announcement of winners and awarding of the cash incentives will be made on the 3rd week of each month
• Accumulated actual sales will be net of cancelled sales at the time of processing of incentive, and is based on net of RVAT price.
• Net of Withholding Tax
THANK YOU &
HAPPY SELLING!!!
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