When Will Funds Be Dispersed?
Selling a house or helping someone buy or sell their home if you are a Realtor can be an exciting time. One of the most common questions we receive from Realtors and home sellers alike is “when will I get my check?”
This is understandable as so much work and patience have gone into completing the transaction. Plus, who doesn’t like a payday?
When will I get paid?
We make every effort to pay all parties involved quickly, oftentimes the same day the transaction closes. However, this can vary based on the day or time of day the closing occurs. Approval must be given by your lender and closing documents must be recorded with your County’s Register of Deeds before funds can be disbursed on your closing.
That said, here is when you can expect to be paid for your closing or your commission if you were part of helping a transaction become a done deal:
Realtors
If you are owed commissions from the sale of a house, you can usually expect a check to be cut the same or next business day.
Of course, if you are unavailable to pick up your check, it can be mailed to you or delivered locally to your office by our Document Runner.
If picking up from our Breezewood Avenue location, please feel free to use our drive-thru on the right side of the building.
Sellers
If you are owed commissions from the sale of a house, you can usually expect a check to be cut the same or next business day.
If you are not available to pick up your check or want access to your funds as quickly as possible, we offer FedEx overnight delivery or a wire transfer through the use of our technology partner, CertifID.