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Rainmaker
3,988,007
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

I pick up the company check at the closing and turn it into the company accounting department. They scan it in to VA and the money is direct deposited into my bank account within 24-48 hours.

Nov 22, 2015 08:47 AM
Rainer
150,416
Michael Thacker - Re/Max Real Estate Center - Louisville
Re/Max Real Estate Center - The Thacker Group - Louisville, KY
Your best friend who just happens to be a Realtor

Closing attorney cuts the brokers check, and then my broker has to disburse the funds for my marketing, etc. of the listing. We get this handled usually within a couple of hours.

Nov 22, 2015 08:07 AM
Rainmaker
1,661,936
John McCormack, CRS
Albuquerque Homes Realty - Albuquerque, NM
Honesty, Integrity, Results, Experienced. HIRE Me!

As soon as a home is funded I pick up my check at the title company. I'm the Owner/Broker.

Nov 22, 2015 05:42 AM
Rainmaker
5,772,575
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Richard,

Depends on the state and the protocol of each company, some do it the way Debbie Reynolds said, and some do it as Candice A. Donofrio mentioned.  In Northern Cal that is how it was done,   It made it better for the agents if the broker authorized it that way.  They felt they could get paid sooner.  A

Nov 22, 2015 12:46 PM
Rainmaker
1,683,912
Larry Johnston
Broker, Friends & Neighbors Real Estate and Elkhart County Subdivisions, LLC - Elkhart, IN
Broker,Friends & Neighbors Real Estate, Elkhart,IN

We get paid at closing and our agents get paid the same day.

Nov 22, 2015 11:36 AM
Rainmaker
2,443,250
Evelyn Johnston
Friends & Neighbors Real Estate - Elkhart, IN
The People You Know, Like and Trust!

The title company issues checks at closing, and the agent turns it into the office with all the paperwork.  The file is reviewed to make sure it is complete and the check is given to the agent.  Usually within 15 minutes.

Nov 22, 2015 11:36 AM
Ambassador
1,452,819
Susan Emo
Sotheby's International Realty Canada - Brokerage - Kingston, ON
Kingston and the 1000 Islands Area

My cheque comes from the listing brokerage to my brokerage to me.  Usually within a week.

Nov 22, 2015 07:43 AM
Rainmaker
7,836,139
Roy Kelley
Retired - Gaithersburg, MD

The commission check is payable to the real estate company and the agents receive their check from their company. Our office has a standard payment schedule.

Nov 22, 2015 05:40 AM
Rainmaker
1,052,211
Candice A. Donofrio
Next Wave RE Investments LLC Bullhead City AZ Commercial RE Broker - Fort Mohave, AZ
928-201-4BHC (4242) call/text

I (broker, in writing) authorize escrow to disburse (our) agent or referral fees (employing broker) directly via separate checks or wires.

Nov 22, 2015 04:30 AM
Rainmaker
5,104,931
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

In NC, I pick up a check from the closing attorney as soon as the property is recorded (typically a few hours after settlement). I get a direct deposit to my bank account from my company within 24 hours of bringing in the check.

In SC, so long as all funds needed for closing are in the attorney's bank account at time of settlement, I get my check at the closing table. Then it's the same procedure at my company.

In both states, checks are written to my company, so I have no choice but to get paid by them.

Nov 22, 2015 08:42 PM
Rainmaker
911,338
Jeff Pearl
RE/MAX Distinctive / LIC in VA - Lovettsville, VA
Full Service Full Time Realtor

The title company makes checks out to the broker, and mails them to office. That happens after deed is recorded. Office processes them, then sends checks to agents. it can take anywhere from 1-3 weeks before agents get paid after settlement. if settlement is on friday afternoon, deed won't get recorded until Monday. Check arrives at office Tues or Wed. So 4-5 days can go by after settlement before brokers recieve checks at office.

Nov 22, 2015 08:10 PM
Rainmaker
1,622,432
Inna Ivchenko
Barcode Properties - Encino, CA
Realtor® • GRI • HAFA • PSC Calabasas CA

Our Escows send checks to everyone on the last day of escrow. They wire money to my broker and we are paid usually the same day( also wire, all fast and digital).

Nov 22, 2015 03:24 PM
Rainmaker
1,712,676
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

As the broker who sells it is immediate. For the fre agents I have in a downstream the same day. We always keep reserves in the business acount.

Nov 22, 2015 11:28 AM
Rainer
140,560
Richard L. McKinney P.A.
Atlantic Shores Realty Expertise - Port St Lucie, FL
For Results that MOVE you on the Treasure Coast!

At our office agents get their check cut separately from the brokers out of escrow. Our broker sends written authorization to the closing agent as long as the file is in order. Otherwise, agents bring the check to the broker and a check is cut usually within 24 hours. 

Nov 22, 2015 09:10 AM
Rainmaker
2,224,473
Debbie Laity
Cedaredge Land Company - Cedaredge, CO
Your Real Estate Resource for Delta County, CO

At closing I get a check from the title company made out to my broker. I then take it back, with my file, to the office. My broker pays me shortly after that. 

Nov 22, 2015 08:23 AM
Rainmaker
1,725,996
Sandy Padula & Norm Padula, JD, GRI
HomeSmart Realty West & Florida Realty Investments - , CA
Presence, Persistence & Perseverance

We get paid at closing

Nov 22, 2015 07:59 AM
Rainmaker
1,157,785
FN LN
Toronto, ON

The brokerage I am associated with receives the commission funds and disburses it afterwards to the agent.

Nov 22, 2015 07:46 AM
Rainmaker
1,577,943
Karen Fiddler, Broker/Owner
Karen Parsons-Fiddler, Broker 949-510-2395 - Mission Viejo, CA
Orange County & Lake Arrowhead, CA (949)510-2395

I get a check directly from escrow when they settle the account. 

Nov 22, 2015 07:28 AM
Rainer
321,564
Melissa Jackson REALTOR
Trinity Premier Properties - Azle, TX
Helping You Make The Right Move

Directly to broker then I pick up my check. Usually same day, unless it's late afternoon.  

Nov 22, 2015 05:42 AM
Ambassador
3,587,960
Anna "Banana" Kruchten
HomeSmart Real Estate - Phoenix, AZ
602-380-4886

Richard since I am the broker it's pretty easy to get paid. Our escrow companies are very quick to getting us our package within hours of recording.

Nov 22, 2015 05:27 AM
Rainmaker
1,525,616
Sybil Campbell
Fernandina Beach, FL
Referral Agent Amelia Island Florida

In Virginia, we don't get paid until the deed has been recorded.  In Florida we walked away from closing with the check and then our broker wrote the check to us with our portion.

Nov 22, 2015 04:56 AM
Rainmaker
3,986,258
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

Our area as a rule usually splits at the table.  As the Broker, once I have the commission check, I pay the agent the next day as I need one day from the bank to clear the commission check

Nov 22, 2015 04:50 AM
Rainmaker
5,868,554
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

I am the broker, so can take to the bank right after closing if there is time.

Nov 22, 2015 04:41 AM
Ambassador
6,393,494
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

Depends on the closing company, some cut a check to the agent, others just send it to the brokerage and then they pay us.

Feb 13, 2019 09:54 PM
Rainmaker
466,778
Katina Hargrove 352-551-0308
Stake Your Land Realty, Inc. - Eustis, FL
Broker/Owner, SFR®, e-PRO®, GRI, AHWD, REALTOR®

Good morning Richard,

Always at the closing table, I am the Broker/Owner. The little pleasures of life

Nov 28, 2015 09:45 PM
Rainmaker
979,496
Troy Erickson AZ Realtor (602) 295-6807
HomeSmart - Chandler, AZ
Your Chandler, Ahwatukee, and East Valley Realtor

Richard - My broker has the commission check split, so the title company issues payment directly to me. This happens the same day the home closes/funds.

Nov 24, 2015 09:54 AM
Rainmaker
617,935
David Gibson CNE, 719-304-4684 ~ Colorado Springs Relocation
Colorado Real Estate Advisers LLC - Colorado Springs, CO
Relocation, Luxury & Lifestyle residential

Richard,
In Colorado and Texas we are generally table funded. If it is my broker associate I am ready to trade my company check for her split when she hands me the title company check.

Nov 23, 2015 09:41 AM
Rainmaker
4,319,419
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Richard L. McKinney P.A. I get paid fairly quickly from my broker - few days after closing once I submit much required paperwork!

Nov 23, 2015 05:07 AM
Rainmaker
4,572,183
Michael Jacobs
Pasadena, CA
Pasadena And Southern California 818.516.4393

Our commission checks are sent from the escrow company to the broker and those are typically delivered the same or next day.   The broker completes a commission disbursement prepared by the escrow company.  Once the file has been checked for completeness,  we receive our checks.   

Nov 23, 2015 01:49 AM
Ambassador
3,727,873
Patricia Kennedy
RLAH@Properties - Washington, DC
Home in the Capital

Richard, my broker gets us our checks right after closing, often on the same day.

Nov 22, 2015 11:57 PM
Rainmaker
1,466,207
Michael Setunsky
Woodbridge, VA
Your Commercial Real Estate Link to Northern VA

Richard L. McKinney P.A. In my area, the closing company pays the Broker and the Broker pays the agent. Usually after the deed is recorded on the next business day.

Nov 22, 2015 10:28 PM
Rainmaker
4,882,355
Richard Weeks
Dallas, TX
REALTOR®, Broker

If all the paperwork has been approved our agents get paid at closing by the title company.

Nov 22, 2015 09:23 PM
Rainmaker
4,434,127
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

The title company makes out the check to the broker. 

Nov 22, 2015 08:32 PM
Rainmaker
5,216,409
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

The momentum is towards getting paid by the closing agent with the broker's permission.

Nov 22, 2015 08:25 PM
Rainmaker
1,209,215
Amanda Christiansen
Christiansen Group Realty (260)704-0843 - Fort Wayne, IN
Christiansen Group Realty

We drop our check off to bookkeeping and have it direct deposited within 24 hours.  It's a pretty good system!

Nov 22, 2015 08:25 PM
Rainmaker
2,538,633
Joe Petrowsky
Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709 - Manchester, CT
Your Mortgage Consultant for Life

Good morning Richard. We pay everyone once a week, funds are received by Tues, we pay all on Wed.

Nov 22, 2015 05:04 PM
Rainmaker
1,502,998
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

I get paid directly by escrow (broker authorizes it).  Check usually arrives by title rep the day it records or the day after.  I'm not on a commission split.

Nov 22, 2015 08:37 AM
Rainmaker
2,781,173
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

Escrow sends me my wages either by fedex or pick-up. Oh what joy too

Nov 22, 2015 08:09 AM
Rainmaker
1,239,901
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

What does the demand for commission say? This is CA.

Go to broker with a cheque then when you are done with your paperwork meeting compliance you get your cheque. Anyone on top needs to be approved by the broker.

Nov 22, 2015 05:06 AM