The Rigzone Market Place offers surplus oilfield equipment sellers the most cost efficient commission rate structure in the business. The sales commission is based on the total value of the transaction and the listing status. The following table outlines the Rigzone Market Place commission schedule.
| Transaction Value |
|
Brokerage Commission |
| Over |
But not over |
Fee |
+ |
% |
of the amount over |
|
$0 |
$100,000 |
$0
|
+ |
7.500% |
$0 |
|
$100,000 |
$200,000 |
$7,500 |
+ |
7.000% |
$100,000 |
|
$200,000 |
$300,000 |
$14,500 |
+ |
6.500% |
$200,000 |
|
$300,000 |
$400,000 |
$21,000 |
+ |
6.000% |
$300,000 |
|
$400,000 |
$500,000 |
$27,000 |
+ |
5.500% |
$400,000 |
|
$500,000 |
$600,000 |
$32,500 |
+ |
5.000% |
$500,000 |
|
$600,000 |
$700,000 |
$37,500 |
+ |
4.500% |
$600,000 |
|
$700,000 |
$800,000 |
$42,000 |
+ |
4.000% |
$700,000 |
|
$800,000 |
$900,000 |
$46,000 |
+ |
3.500% |
$800,000 |
|
$900,000 |
$1,000,000 |
$49,500 |
+ |
3.000% |
$900,000 |
|
$1,000,000 |
$1,500,000 |
$52,500 |
+ |
2.500% |
$1,000,000 |
|
$1,500,000 |
…………….. |
$65,000 |
+ |
2.000% |
$1,500,000 |
To calculate commission, enter sales price here:
$ |
|
The Commission amount is:
$
|
|
|
Example
Sellers commission -- Using the table:
Sales Price = $645,000
Commission = $37500 + (4.5%x 45,000)
= $37500 + $2025
= $39525
|