YITH WooCommerce Multi Vendor is another option that comes in both a free version at WordPress.org as well as a premium version with more functionality.
With the basic free version, you can set up basic vendor pages, complete with a global commission rate for all of your vendors.
In turn, vendors will be able to manage all of their media uploads and products, and also control their basic vendor information.
If you go Pro, you’ll get a lot more functionality, like more detailed order, shipping, and refund management.
You’ll also be able to edit commission rates for individual vendors or even individual products, and vendors will be able to create their own coupons.
Beyond that, you’ll also be able to choose when to pay commission rates, like paying out as soon as an order is complete or waiting until a certain threshold is met.