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REAL ESTATE COMMISSION DISBURSEMENT FORM Page 1Page 2real estate commission disbursement PDF
Page 1 of 6 REV 7/2017 North Carolina Real Estate Commission Post Office Box 17100 Raleigh, NC 27619
919.875.3700
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How to fill out real estate commission disbursement

How to fill out real estate commission disbursement
01
Start by gathering all necessary documents related to the real estate transaction, such as the sales contract, settlement statement, and commission agreement.
02
Review the commission agreement to understand the terms and conditions for commission disbursement.
03
Determine the amount of commission to be disbursed based on the agreed-upon percentage or flat fee.
04
Calculate any deductions or adjustments to be made from the commission, such as referral fees or transaction fees.
05
Prepare a commission disbursement form or letter stating the details of the disbursement, including the names of the parties involved, the amount being disbursed, and any deductions.
06
Obtain the necessary signatures from all parties involved, including the real estate agents or brokers and the buyer or seller.
07
Submit the completed commission disbursement form or letter along with any supporting documents to the appropriate party or department, such as the real estate brokerage or closing company.
08
Keep a copy of the commission disbursement form or letter for your records.
09
Follow up with the recipient of the commission disbursement to ensure that it has been received and processed correctly.
Who needs real estate commission disbursement?
01
Real estate agents or brokers
02
Buyers or sellers of real estate properties
03
Real estate agencies or brokerages
04
Closing companies or escrow agents
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What is real estate commission disbursement?
Real estate commission disbursement is the payment made to real estate agents or brokers for their services in facilitating a real estate transaction.
Who is required to file real estate commission disbursement?
Any party involved in a real estate transaction such as buyers, sellers, agents, or brokers may be required to file real estate commission disbursement.
How to fill out real estate commission disbursement?
To fill out real estate commission disbursement, you need to include details of the transaction, the amount of commission, names of parties involved, and any other relevant information.
What is the purpose of real estate commission disbursement?
The purpose of real estate commission disbursement is to ensure that all parties involved in a real estate transaction are paid the agreed-upon commission for their services.
What information must be reported on real estate commission disbursement?
The information that must be reported on real estate commission disbursement includes details of the transaction, the amount of commission paid, names of parties involved, and any other relevant information.
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