Getting Paid at Closing

STATE REQUIRED DEADLINES TO UPLOAD SIGNED CONTRACTS . . .

  • All SIGNED Listing Agreements & Mutually Accepted Offers MUST BE UPLOADED WITHIN 2 BUSINESS DAYS (5 business days in CA). *Signed Contracts uploaded late may incur Administrative Late Fees ($100, plus $50 per day until uploaded into the file).

  • UPLOADING DOCUMENTS . . .

    • ONLY upload documents in "LISTING" or "SALE" Permission Categories. DO NOT USE "Private", "Public", or "Buyer" as your Broker WILL NOT see them.

  • 2 WAYS TO GET PAID . . .

    • OPTION #1 . . . Escrow can send Commission check ​to the Corporate Office for disbursement after the Transaction File has been complete.

    • OPTION #2 . . . If ALL Checklist items are completed at least 8 days before closing (BEFORE THE BROKER DEMAND IS SENT TO ESCROW), your Commission can be paid through Escrow at closing.

  • PLEASE NOTE: Once the Broker Demand has been sent to Escrow (7 days before closing), Revisions can ONLY be done for changes to price, credits or commission amounts. Files completed AFTER Broker Demand is sent must be paid out on Option #1 above.

  • THE CORPORATE OFFICE SENDS ALL BROKER DEMANDS. PLEASE DO NOT SEND ANY KIND OF COMMISSION INSTRUCTIONS OR FORM 40's to Escrow.

  • PLEASE HELP OUR ACCOUNTING SYSTEMS WORK . . .

    • PLEASE ENTER ALL INFORMATION THAT AFFECTS THE COMMISSION IN THE "COMMISSION SUMMARY" section through "Edit Transaction":
      Commission Percentages / Credits to Others / Splits with other Agents / Referral Info & Mailing Address EXAMPLES on how to enter commission information
      Welcome.PRSmoves/Paperless Transaction Management/Entering Commission Info.

    • PLEASE ENTER ALL PRICE CHANGES & CLOSING DATE CHANGES through "Edit Transaction" so your Broker Demand is CORRECT and sent ON-TIME.
      *If the Broker Demand must be revised because of inaccuracies in the file, a $50 accounting fee may be charged.

      **IMPORTANT: OUR ACCOUNTING DEPARTMENT CANNOT ANSWER QUESTIONS about transaction files** and is NOT authorized to Revise Broker Demands on files that were not yet completed when the Broker Demand was sent to Escrow. If you have any questions about your file, or about why a Commission Check is being sent to the Corporate Office, please contact your Managing Brokers. Thank you for your understanding! ;)

      **FOR HELP WITH CHECKLIST ITEMS OR FILE QUESTIONS, CONTRACT OR LEGAL QUESTIONS . . .
      Please contact your Managing Broker. See our Broker & Staff Contacts list at
      Welcome.PRSmoves.com/Contacts.