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A "Greensheet" is defined as a statement of income that is the result of a closing transaction that you had with a buyer or seller. This statement only accepts the amount that Keller Williams Capital District (your brokerage) is receiving, along with any referrals or additional KWCD Associates are reviving on that specific transaction. ONE Greensheet must be submitted for each transaction that you are responsible for.
Follow this webinar, along with the other modules to understand how to successfully complete one.
A GENERAL OVERVIEW ON GREENSHEETS
In this Greensheet Module, you will review how to complete a greensheet, when you represent the Buyer or Seller, with no additional KWCD Associates related to this example transaction.
- Completing a Greensheet
- When to Completed / Submit A Greensheet
- Where do I get Support?
DON'T FORGET THAT YOU CAN ALSO ATTEND IN-PERSON OR STREAM LIVE EACH GREENSHEET THEMED CLASS
Greensheet FAQ's
Greensheet FAQ's
Who is responsible for a Greensheet?
- If you are the Listing Agent or Buyer Agent of that transaction; with the exception of if there is a KWCD Associate who is in the same Market Center (Capital District) as you. Ultimately the KWCD Listing Agent on every deal is responsible for the completion of the greensheet.
How do I find the Greensheet?
- The Greensheet is located on each transaction "loop" you create on your Dotloop account. Once in that transaction loop:
- Click "View Details" - make sure you status is switched to "Under Contract"
- Click "Submit to Greensheet" - top right section on page
- A new tab will pop up, enabling you to see the greensheet
- If one does not open, check your pop-up block. We always recommend Chrome or Mozilla Firefox browsers
When should the Greensheet be submitted?
- After Attorney's Approval, which occurs typically 3-5 business days after both sides approve the Purchase and Sales Contract
What happens if I need to make a correction on a Submitted Greensheet?
- Once you submit a Greensheet, it cannot be edited further. To mark changes please email Klrw762@kw.com the corrections, as soon as possible.
Advanced Learning On Greensheets:
Advanced Learning On Greensheets:
ADDING A SELLER CONCESSION / CONTRIBUTION
In this advanced Greensheet Module you will learn how to prepare and complete a Greensheet when your transaction involves a Seller's Concession/Contribution. A Seller's Concession is described as, when a home buyer asks the seller to pay costs on the home buyer's behalf. These costs could include: Title insurance. Processing fees. Origination
- Completing a Greensheet
- Adding a Concession/Contribution
ADDING ANOTHER KWCD ASSOCIATION ON YOUR GREENSHEET
In this advanced Greensheet Module you will learn how to prepare and complete a Greensheet when your transaction involves another KWCD Association whether they are on involved on the same side as you OR is they represent the other side of that transaction. This is only valid if that individual is our of the same Market Center as you. If they are not, please see "Adding A Referral".
- Completing a Greensheet
- Adding a KWCD Associate (who is receiving volume from this sale)
ADDING A REFERRAL TO YOUR GREENSHEET
In this advanced Greensheet Module you will learn how to prepare and complete a Greensheet when your transaction involves a Referral who is not receiving any volume or sales OR is an "outside" referee. This outside referee is defined as a non-Keller Williams Associate, who is receiving a payment based on the commission of sale in this transaction. Many referrals come from other Real Estate Associates.
- Completing a Greensheet
- Adding an "Outside Referral"
Additional Greensheet Training (ScottLeRoyMarketing.com)
Additional Greensheet Training (ScottLeRoyMarketing.com)
A quick tip to complete a Greensheet!
GREENSHEET SUPPORT
GREENSHEET SUPPORT
KW Support = 512-306-7191
Jonny Puglia (Agent Service Coordinator) - Jpug@kw.com / 518-724-5922
Matthew Kupiec (Market Center Coordinator) - Klrw762@kw.com / 518-724-5822
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