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NLRS SIMULATION

Commisson rate
[Referral] Each referral will refer how many pax?

This model breaks down the rebates you will get per tier and in total based on the perimeters given. Calculations will be based on the formula, refer to NLDS.
This is for NLRS simulation only, to add in your rebate, just apply the NLDS formula to your purchase price and add into the results generated here.

*Agency cut and your cut will be fixed at 10% and 60% respectively. 
*Commission rate will be fixed for all tiers once selected for simplicity sake.
*Purchase price for T2,3 and 4 will be randomly generated from a range of 1m to 10m.
*Results will re-generate 10 times and the final sums will be the average for better accuracy


Sample: If you selected 2 pax for T1 and 2pax for Referral with a 2.75% commission rate, model parameters -


Commission rate : 2.75%
T1 : 2pax
T2 : 4pax
T3 : 8pax
T4 : 16pax


#Results will be calculated based on a 2.75% commission rate for all tiers


 

Note that this is just a model. In reality, commission rate varies depending on the developers and other factors like ABSD timeline etc. I've seen commissions of more than 5% and also those less than 2%. Likewise, there are also those with price tag of above 10m. Considering all these factors, I've decided to make this model on the more conservative side

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