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First Step
- your office manager needs this paperwork. It’s important to close
out the file in your office and also ensure that the status is changed correctly in
the MLS system (if this was your listing).
If your closing is being sent directly to the corporate office, please ask for copies
to be sent to you or to your office manager.
Second Step -
once your office manager has what she needs the gross
commission check is sent via courier to our corporate office for processing.
VERY IMPORTANT: if your file is not complete, if you are missing required
paperwork, this will delay the processing of your check.
If we do not have a pending form for your file, the corporate office cannot process
your check, which will delay your payment.
Third Step -
closing is received at our corporate office. Our corporate office
processes every day. The most important piece of information the corporate
office can have is the pending form for your file. This allows us to quickly
process the files and agent payments.
Payment Options for Commissions
1. Direct Deposit
- if you sign up for direct deposit of your commission check,
you will receive an email receipt of your direct deposit that will have all
information for your payment. This will be emailed to you the morning of
your payment. Direct deposit is processed overnight, and posts in your bank
account at midnight of the date the closing is processed at our corporate
office.
To sign up for direct deposit - please see form at the back of
this book and return completed form to the corporate office.
2. Regular check
- if you prefer a paper check, this will be sent to you at your
office via our courier. This will be sent to you the day after your closing is
received in our corporate office.
AGENT COMMISSIONS / CLOSING PAPERWORK / FINANCIAL ITEMS