Real estate payroll, real simple.
With reliable commission payments and support for both employees and independent contractors, Gusto takes the complexity out of payroll for real estate. Add in integrated support for expense, team, and performance management, and building the business of your dreams has never been easier.
How Gusto worksCreate account
Commissions made easy
Whether admin or agent, employee or contractor, run unlimited payrolls for your team in just a few clicks.
Time-saving workflows
Employees can access earnings, check their paystubs, and add expenses, at the office or on the go.
Worry-free from start to finish
Never stress about late or incorrect payments again. With Gusto, payroll is accurate, efficient, and on time, every time.
“Payroll takes minutes, literally minutes to run. I can even run payroll from a remote location with ease! I ran it from Portugal on vacation one time!”
Unlimited payrolls
Hourly, salaried, or commission, we’ve got you covered.
Our built-in commission tool gets your agents paid quickly and accurately every time they close. Pay your salaried employees on AutoPilot, and easily approve hours for any support staff and contractors. Tax withholdings are automatic for employees, and you can run unlimited payrolls each month at no extra cost. And of course, all local, state, and federal taxes are calculated, filed, and paid on your behalf.
Save time & money
Spend less time running your business—and more time growing it.
Gusto was designed with streamlining in mind. Payroll is completed from anywhere in just a few minutes, your staff and agents can easily access anything they need—from paystubs to 1099s—and expense management is built right in. No more chasing down receipts or dealing with messy spreadsheets. Save hours, save headaches, and get back to taking care of your clients.
The people-first platform
The tools you need to attract, build, and empower your dream team.
Real estate is all about people, and so are we. With powerful performance management tools and our suite of no-cost and low-cost benefit options, you can attract and grow the team of your dreams. Integrated goal setting, KPIs, CRM integration, and custom rewards mean you won’t just keep your team on track, you can empower and inspire them to reach their biggest goals—all while helping you hit yours. Plus, we play nice with the software tools you already use. Learn more about our time-saving integrations.
Frequently Asked Questions
The real estate industry operates differently than most other industries as earnings are often 100% commission-based. This means real estate agents and brokers don’t earn anything unless they make a sale. While commission structures vary, typically, a 6% commission is split four ways: 3% between the seller’s agent and broker, and 3% between the buyer’s agent and broker.
With Gusto real estate payroll software, you can run payroll for agents as many times as you need each month, at no extra cost.
A real estate agent is someone who is licensed to help you buy or sell a home. The agent will earn a percentage commission on the sale, usually paid for by the seller. A real estate agent is not licensed to work independently, however, and must be employed by a real estate broker.
A real estate broker can also help you buy or sell a home, but they are licensed to operate independently as well as to employ agents on their team. Any agent working for a broker (whether a larger firm or a small, independent brokerage) will have to split part of their commission with the broker.
Gusto’s expense management integration along with our mobile app allows your employees to easily add expenses from anywhere. You can review and approve in just a few clicks. Expense management comes fully loaded on our Plus and Premium plans.
KPIs are key performance indicators that can help motivate your team and keep them on track while giving you valuable insight into your business. Some useful ones for real estate brokers and their agents are lead generation, number of listings, appointment-to-listing conversion rate, and of course, number of closings.
Gusto seamlessly integrates with the most powerful performance management platforms; check out the full list here.
Currently all commission payments added for W-2 employees in Gusto are taxed using the “aggregate method” which treats them as regular wages and withholds tax based on an employee’s W-4. We do not apply the supplemental wage rate of 22%. However, as most real estate agents operate as statutory nonemployees (independent contractors), no taxes are withheld, and agents are responsible for paying quarterly taxes under the self-employed taxation rates.
Gusto real estate payroll does not currently support commission draws.
While Gusto supports unlimited regular and off-cycle commission payments, we don’t currently calculate those payments or handle commission splits. But here is a link to our favorite commission calculator to help improve accuracy and save you time.
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