₦airaland Forum

Good day all. I will try to be brief.

My wife and i are into real estate. While she works in a different company from mine, we share ideas and experiences together. So on Monday, a family friend of hers who based in the UK told her she wanted to buy a land from my company and she brought the deal for me.

I worked on the deal and the woman made her payment. Now comes the sharing formula for the commission which will be paid to me. My wife is insisting on 50/50 while I'm saying 70/30 (me taking the largest share).

Please am i wrong or acting greedy? If yes, what's the appropriate percentage for us to share the commission? Thanks

Note: We are living happily in our marriage
Lalasticlala

50 - 50, no cheating

Jones90:
Good day all. I will try to be brief.

My wife and i are into real estate. While she works in a different company from mine, we share ideas and experiences together. So on Monday, a family friend of hers who based in the UK told her she wanted to buy a land from my company and she brought the deal for me.

I worked on the deal and the woman made her payment. Now comes the sharing formula for the commission which will be paid to me. My wife is insisting on 50/50 while I'm saying 70/30 (me taking the largest share).

Please am i wrong or acting greedy? If yes, what's the appropriate percentage for us to share the commission? Thanks

Note: We are living happily in our marriage
Lalasticlala

Do it 50-50 and don't allow this little thing bring issues to your family.

She tried, what if she had done it only? Don't forget that part of what you are given her would still be spent for the family.

50-50 is good… she’s your better half na

Let's assume it was someone else from outside that brought the deal to you, will your sharing formula still be that 70-30 or you picked that because she is your wife?

If the 70-30 ratio is the standard rate in your line of work and your wife also knows this then stick to it, business is business besides a greater part of the 70% you're getting will still be used for the family..

Tokskob2008:
Let's assume it was someone else from outside that brought the deal to you, will your sharing formula still be that 70-30 or you picked that because she is your wife?

If the 70-30 ratio is the standard rate in your line of work and your wife also knows this then stick to it, business is business besides a greater part of the 70% you're getting will still be used for the family..

op don’t mind this man...share it 50/50 because the money still remains in the family.
If possible create a joint account for this because of future purposes

You are greedy , why drag percent with a hardworking woman.
Your wife for that matter .
Nawa o

Jones90:
Good day all. I will try to be brief.

My wife and i are into real estate. While she works in a different company from mine, we share ideas and experiences together. So on Monday, a family friend of hers who based in the UK told her she wanted to buy a land from my company and she brought the deal for me.

I worked on the deal and the woman made her payment. Now comes the sharing formula for the commission which will be paid to me. My wife is insisting on 50/50 while I'm saying 70/30 (me taking the largest share).

Please am i wrong or acting greedy? If yes, what's the appropriate percentage for us to share the commission? Thanks

Note: We are living happily in our marriage
Lalasticlala

She is gready though gave the deal you to through her, it was your company that sorted the deal between your company and the woman

The commission is coming from your company right so she has no clue on the value of commission, it is to your advantage you can give her vwhatever value as the commission total value and work on the percentage

She could talked to her friend getting commission her for finding a good company like your or she could have talked of her commision % from before the actual deal

Nemesis0147:
op don’t mind this man...share it 50/50 because the money still remains in the family.
If possible create a joint account for this because of future purposes

Lol, it's only the man's 50% that remains in the family while the other one is solely for the madam or you haven't heard them saying "his money is our money while my money is mine"

Jones90:
Good day all. I will try to be brief.

My wife and i are into real estate. While she works in a different company from mine, we share ideas and experiences together. So on Monday, a family friend of hers who based in the UK told her she wanted to buy a land from my company and she brought the deal for me.

I worked on the deal and the woman made her payment. Now comes the sharing formula for the commission which will be paid to me. My wife is insisting on 50/50 while I'm saying 70/30 (me taking the largest share).

Please am i wrong or acting greedy? If yes, what's the appropriate percentage for us to share the commission? Thanks

Note: We are living happily in our marriage
Lalasticlala

She is gready though she gave the deal you to through her, it was your company that sorted the deal between your company and the woman

The commission is coming from your company right so she has no clue on the value of commission, it is to your advantage you can give her vwhatever value as the commission total value and work on the percentage

Tokskob2008:
Lol, it's only the man's 50% that remains in the family while the other one is solely for the madam or you haven't heard them saying "his money is our money while my money is mine"

using that sense its OK for men to kick out their wives becoz its his money that bought the house etc

People use the "his money our money " statement becoz they know that her money is chicken change hence the hubby is not bothered about, if hubby income is equally to madam you wont hear such statement becoz their are equally at same level

Jones90:
Good day all. I will try to be brief.

My wife and i are into real estate. While she works in a different company from mine, we share ideas and experiences together. So on Monday, a family friend of hers who based in the UK told her she wanted to buy a land from my company and she brought the deal for me.

I worked on the deal and the woman made her payment. Now comes the sharing formula for the commission which will be paid to me. My wife is insisting on 50/50 while I'm saying 70/30 (me taking the largest share).

Please am i wrong or acting greedy? If yes, what's the appropriate percentage for us to share the commission? Thanks

Note: We are living happily in our marriage
Lalasticlala

I think both of you should agree to use the profit to purchase a land

If you already have a land, put it into the building project

If you guys already finished building, use it to furnish the house

If all that have been done, use if for vacation

Let her plan on it

Instead of the sharing formula that will cause wahala

Weirdcamila:
You are greedy , why drag percent with a hardworking woman.
Your wife for that matter .
Nawa o

For now, I'm out of family section, but terming d whole thing bad bcs woman is involve is a no go area.

Whatever ratio, does it make a difference? Except you guys are not open on your finances, then it would matter.

Jones90:
Good day all. I will try to be brief.

My wife and i are into real estate. While she works in a different company from mine, we share ideas and experiences together. So on Monday, a family friend of hers who based in the UK told her she wanted to buy a land from my company and she brought the deal for me.

I worked on the deal and the woman made her payment. Now comes the sharing formula for the commission which will be paid to me. My wife is insisting on 50/50 while I'm saying 70/30 (me taking the largest share).

Please am i wrong or acting greedy? If yes, what's the appropriate percentage for us to share the commission? Thanks

Note: We are living happily in our marriage
Lalasticlala

Haba, don't cheat your wife o. She brought the deal
Share it 50-50 so that she LL be encourage to get you more gigs

It's funny how sharing formula can become an issue for people who are "happy in their marriage"

BTW, if 70/30 is the norm, give her and if it's 50/60, do that which is right... there's usually an hidden sharing formula in situations like this. You guys should just use the commission to do something for your family instead of sharing it into your money and her money!

50/50

Because of next time oh.

If I were u,i won't argue at all,because na her aunty. What if she is not your wife? I am sure u could have settled for anything they gave u.

But wait oh...how much be the money self?
Buy me recharge card for this little contribution wey I add here.

What if she didn't bring the deal to you,what happens when she gets another deal if she feels cheated in this one?

Richy4:
60:40 is a fair deal in my opinion..

It was your company, u did all the paperwork, all the running around to make sure that all went smoothly throughout the transaction process/ period... Especially now that the cost of fuel have skyrocketed all over the world..

For bringing the deal to your doorstep, 40% is good..

Note: I did not share this based on relationship.. I think this is what every God-fearing business man would do

Op should go for this 60:40.
That's exactly what i had in mind immediately i read his post.
She should be satisfied with 40%

Jones90:
Note: We are living happily in our marriage
Lalasticlala

What's wrong with 60:40? It would be better if both of y'all have a joint account for deals like this.
And also it depends on who does the most work.

50:50

Jones90:
Good day all. I will try to be brief.

My wife and i are into real estate. While she works in a different company from mine, we share ideas and experiences together. So on Monday, a family friend of hers who based in the UK told her she wanted to buy a land from my company and she brought the deal for me.

I worked on the deal and the woman made her payment. Now comes the sharing formula for the commission which will be paid to me. My wife is insisting on 50/50 while I'm saying 70/30 (me taking the largest share).

Please am i wrong or acting greedy? If yes, what's the appropriate percentage for us to share the commission? Thanks

Note: We are living happily in our marriage
Lalasticlala

If she wasn't your wife, will you dare to take 70%? Give the woman what is due to her by standard industry practise.

do it 50/50 because she can also run the deal without your knowledge. more deals are still coming

frozen70:
I think both of you should agree to use the profit to purchase a land

If you already have a land, put it into the building project

If you guys already finished building, use it to furnish the house

If all that have been done, use if for vacation

Let her plan on it

Instead of the sharing formula that will cause wahala

You get sense.

Zonefree:
You get sense.

Lol
Thanks dear

Jones90:
Good day all. I will try to be brief.

My wife and i are into real estate. While she works in a different company from mine, we share ideas and experiences together. So on Monday, a family friend of hers who based in the UK told her she wanted to buy a land from my company and she brought the deal for me.

I worked on the deal and the woman made her payment. Now comes the sharing formula for the commission which will be paid to me. My wife is insisting on 50/50 while I'm saying 70/30 (me taking the largest share).

Please am i wrong or acting greedy? If yes, what's the appropriate percentage for us to share the commission? Thanks

Note: We are living happily in our marriage
Lalasticlala

Actually I feel ur wife respected u by not talking abt the Sharing formular from the on set.
U think there are no other pple she cud have taken dis deal to and she will be the one making the bargain since she’s bringing the business..
She already thought about the growth of ur family by bringing this deal home,so what should be ur priority now might be,that something that can continue the growth and love In ur home since u already said it’s a happy home.No let money scatter una house abeg,cus more will still come as long as business is concerned.

Your wife is nice, if she had given the deal to someone else, her cut would have been 70%, she recommended your company to her own aunty, vouched for you, that alone will attract payment if it were outsiders, but because it's your wife, you want to shortchange her, go ahead, just bear in mind that she will never get a deal for you anymore, outsiders will benefit her more.

correctyourself:
Do it 50-50 and don't allow this little thing bring issues to your family.

She tried, what if she had done it only? Don't forget that part of what you are given her would still be spent for the family.

You day mind the mumu op. Instead of him to just shock her by giving her everything he dey there dey drag like na market

She could have done it alone and get the 100% share. As a wife, she brought it to you and you want to take the largest share?

You are a greedy person without any doubt. Change your ways and deal fairly with everyone. Your wife is commendable assuming this story is not fiticious!

its still comes to the family so what's the big deal.

she brought the deal, so let it be. if she give another person, collect 70%, will you be happy?

50/50.