1,052,211
Typically 3 to 24 hours. I authorize escrow to disburse commissions, referral fees, etc. So at COE everybody can pick up a check or have one couriered, as soon as they have them ready. If it's not too late in the day it's usually just a hour or two. If it's Friday afternoon it could be Monday. A lot of out-of-town companies that we work with will wire commissions.
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Doug Dawes
Topsfield, MA
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Lyn Sims
Schaumburg, IL
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Bob "RealMan" Timm
Minot, ND
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Frank Rubi
Metairie, LA
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Richard Weeks
Dallas, TX
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Dan & Laurie Pittsenba...
Bellingham, WA
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Ron and Alexandra Seigel
Carpinteria, CA
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Candice A. Donofrio
Fort Mohave, AZ
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Nina Hollander, Broker
Charlotte, NC
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Michael Jacobs
Pasadena, CA
4,572,183
It depends but usually a check or an automatic deposit is made fairly quickly -- the same day since escrow receive a commission disbursement from the brokerage office.
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Doug Dawes
Topsfield, MA
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Bob "RealMan" Timm
Minot, ND
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Frank Rubi
Metairie, LA
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Richard Weeks
Dallas, TX
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Dan & Laurie Pittsenba...
Bellingham, WA
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Nina Hollander, Broker
Charlotte, NC
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Peter Testa
Danbury, CT
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Debe Maxwell, CRS
Charlotte, NC
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Paul S. Henderson, REA...
Tacoma, WA
5,230,113
Typically a day or two. I use a local attorney who delivers my checks to my office upon recordation - same day or the next morning.
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Doug Dawes
Topsfield, MA
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Kathleen Daniels, Prob...
San Jose, CA
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Bob "RealMan" Timm
Minot, ND
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Richard Weeks
Dallas, TX
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Dan & Laurie Pittsenba...
Bellingham, WA
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Greg Large
Grove City, OH
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Peter Testa
Danbury, CT
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Michael Jacobs
Pasadena, CA
1,311,397
Mostly within same day or one day of closing...unless some info is lacking.
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Doug Dawes
Topsfield, MA
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Kathleen Daniels, Prob...
San Jose, CA
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Bob "RealMan" Timm
Minot, ND
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Frank Rubi
Metairie, LA
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Dan & Laurie Pittsenba...
Bellingham, WA
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Nina Hollander, Broker
Charlotte, NC
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Michael Jacobs
Pasadena, CA
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Debe Maxwell, CRS
Charlotte, NC
2,220,654
24-48 hours and it's direct deposit to my account.
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Doug Dawes
Topsfield, MA
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Bob "RealMan" Timm
Minot, ND
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Frank Rubi
Metairie, LA
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Dan & Laurie Pittsenba...
Bellingham, WA
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Nina Hollander, Broker
Charlotte, NC
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Peter Testa
Danbury, CT
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Michael Jacobs
Pasadena, CA
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Anthony Acosta - ALLAT...
Atlanta, GA
427,257
Depends on when the check gets to them. Typically same day if it is to the office prior to 4:00.
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Doug Dawes
Topsfield, MA
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Bob "RealMan" Timm
Minot, ND
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Frank Rubi
Metairie, LA
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Dan & Laurie Pittsenba...
Bellingham, WA
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Candice A. Donofrio
Fort Mohave, AZ
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Nina Hollander, Broker
Charlotte, NC
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Michael Jacobs
Pasadena, CA
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Debe Maxwell, CRS
Charlotte, NC
1,543,823
24-48 hours.
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Doug Dawes
Topsfield, MA
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Bob "RealMan" Timm
Minot, ND
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Frank Rubi
Metairie, LA
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Dan & Laurie Pittsenba...
Bellingham, WA
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Greg Large
Grove City, OH
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Nina Hollander, Broker
Charlotte, NC
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Michael Jacobs
Pasadena, CA
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Paul S. Henderson, REA...
Tacoma, WA
3,164,294
same day usually unless it's a 4 pm closing and the bank has closed by the time check arrives at office. But no more than 3 days (holiday weekend) with a late day close on Friday, bank open on Tuesday.... kind of thing, but generally speaking same day.
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Doug Dawes
Topsfield, MA
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Bob "RealMan" Timm
Minot, ND
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Dan & Laurie Pittsenba...
Bellingham, WA
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Candice A. Donofrio
Fort Mohave, AZ
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Nina Hollander, Broker
Charlotte, NC
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Michael Jacobs
Pasadena, CA
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Debe Maxwell, CRS
Charlotte, NC
5,104,931
Within 24 hours of submitting paperwork and commission check to my offce, the direct deposit takes place, so long as no paperwork is missing. If I submit paperwork by 10am... I will get my money that afternoon.
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Doug Dawes
Topsfield, MA
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Bob "RealMan" Timm
Minot, ND
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Frank Rubi
Metairie, LA
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Peter Testa
Danbury, CT
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Richard Weeks
Dallas, TX
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Dan & Laurie Pittsenba...
Bellingham, WA
5,216,409
When I was a managing broker, we authorized the closing agent to issue the agent a check at the closing table.
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Kris Collis, Associate...
East Stroudsburg, PA
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Doug Dawes
Topsfield, MA
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Bob "RealMan" Timm
Minot, ND
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Dan & Laurie Pittsenba...
Bellingham, WA
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Candice A. Donofrio
Fort Mohave, AZ
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Nina Hollander, Broker
Charlotte, NC
628,814
24 to 48 hours
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Doug Dawes
Topsfield, MA
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Bob "RealMan" Timm
Minot, ND
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Frank Rubi
Metairie, LA
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Debe Maxwell, CRS
Charlotte, NC
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Dan & Laurie Pittsenba...
Bellingham, WA
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Nina Hollander, Broker
Charlotte, NC
883,576
Usually day after it records as long as everything is in order!
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Doug Dawes
Topsfield, MA
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Bob "RealMan" Timm
Minot, ND
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Frank Rubi
Metairie, LA
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Debe Maxwell, CRS
Charlotte, NC
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Dan & Laurie Pittsenba...
Bellingham, WA
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Nina Hollander, Broker
Charlotte, NC
352,976
I always have commissions wired directly from escrow and typically within hours of recording.
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Doug Dawes
Topsfield, MA
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Bob "RealMan" Timm
Minot, ND
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Frank Rubi
Metairie, LA
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Dan & Laurie Pittsenba...
Bellingham, WA
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Michael Jacobs
Pasadena, CA
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Debe Maxwell, CRS
Charlotte, NC
508,318
In most cases, we get paid directly from the escrow agent. So I get my check the day of closing.
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Doug Dawes
Topsfield, MA
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Bob "RealMan" Timm
Minot, ND
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Dan & Laurie Pittsenba...
Bellingham, WA
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Nina Hollander, Broker
Charlotte, NC
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Michael Jacobs
Pasadena, CA
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Debe Maxwell, CRS
Charlotte, NC
5,583,278
we get our commissions the day the deed is recorded....nothing is taken out of escrow until the deed is recorded....
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Kris Collis, Associate...
East Stroudsburg, PA
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Doug Dawes
Topsfield, MA
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Bob "RealMan" Timm
Minot, ND
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Frank Rubi
Metairie, LA
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Debe Maxwell, CRS
Charlotte, NC
469,510
Our checks get cut by escrow (they cut what ever number of check is necessary) so when we have a closing the checks get delivered to the office and are ready for pick up within minutes. There is one catch, all of the paperwork needs to be in before agents pick up their checks. So, if you handle your paperwork, your check is immediate. If not, it will be ready when the paperwork is in.
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Kris Collis, Associate...
East Stroudsburg, PA
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Doug Dawes
Topsfield, MA
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Bob "RealMan" Timm
Minot, ND
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Peter Testa
Danbury, CT
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Debe Maxwell, CRS
Charlotte, NC
2,390,620
As an agent it varied from a few hours to two days. When I was broker owner of National Marketing Realtors in Minot ND I cut my agents checks with-in 2 hours of receiving proceeds from the title company Paul S. Henderson, REALTOR®, CRS
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Doug Dawes
Topsfield, MA
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Frank Rubi
Metairie, LA
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Peter Testa
Danbury, CT
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Debe Maxwell, CRS
Charlotte, NC
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Greg Large
Grove City, OH
6,393,494
Immediately, often at the closing directly from the closing company, other times I bring it to the office and they cut a check right away.
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Doug Dawes
Topsfield, MA
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Bob "RealMan" Timm
Minot, ND
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Bob Crane
Stevens Point, WI
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Debe Maxwell, CRS
Charlotte, NC
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Dan & Laurie Pittsenba...
Bellingham, WA
758,035
My Broker is great about paying us. I deposit it same or next day & I'll get paid in 1 day from when I make the deposit.
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Doug Dawes
Topsfield, MA
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Bob "RealMan" Timm
Minot, ND
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Debe Maxwell, CRS
Charlotte, NC
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Dan & Laurie Pittsenba...
Bellingham, WA
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Nina Hollander, Broker
Charlotte, NC
3,626,530
24 to 48 hours
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Doug Dawes
Topsfield, MA
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Bob "RealMan" Timm
Minot, ND
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Frank Rubi
Metairie, LA
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Dan & Laurie Pittsenba...
Bellingham, WA
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Nina Hollander, Broker
Charlotte, NC
1,452,819
I usually expect mine within 2 or 3 weeks - it travels many miles before it gets to me! No wire-transfers here
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Doug Dawes
Topsfield, MA
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Bob "RealMan" Timm
Minot, ND
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Debe Maxwell, CRS
Charlotte, NC
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Dan & Laurie Pittsenba...
Bellingham, WA
1,725,996
On the moment the transaction closes
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Doug Dawes
Topsfield, MA
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Bob "RealMan" Timm
Minot, ND
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Frank Rubi
Metairie, LA
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Dan & Laurie Pittsenba...
Bellingham, WA
855,369
I get my check at closing. 10 minutes after we are done, it is in the bank!
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Doug Dawes
Topsfield, MA
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Bob "RealMan" Timm
Minot, ND
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Frank Rubi
Metairie, LA
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Debe Maxwell, CRS
Charlotte, NC
1,197,152
It depends here. My company has lost the check from the closing company.
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Doug Dawes
Topsfield, MA
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Bob "RealMan" Timm
Minot, ND
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Debe Maxwell, CRS
Charlotte, NC
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Dan & Laurie Pittsenba...
Bellingham, WA
851,242
Depends when closing is vs our bookeepers schedule but definitely within the week at the most & typically within 72 hours.
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Doug Dawes
Topsfield, MA
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Bob "RealMan" Timm
Minot, ND
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Debe Maxwell, CRS
Charlotte, NC
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Dan & Laurie Pittsenba...
Bellingham, WA
4,882,355
We request the title company wire funds to our account, so it does not take very long.
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Doug Dawes
Topsfield, MA
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Bob "RealMan" Timm
Minot, ND
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Debe Maxwell, CRS
Charlotte, NC
809,258
Same day I receive the check if it is delivered from the title company early in the day. Next business day if it is a late closing. -K
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Doug Dawes
Topsfield, MA
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Bob "RealMan" Timm
Minot, ND
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Debe Maxwell, CRS
Charlotte, NC
5,049,450
Typically the day of closing or the next day if recording is late in the day. Broker authorizes escrow to disburse checks
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Doug Dawes
Topsfield, MA
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Bob "RealMan" Timm
Minot, ND
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Dan & Laurie Pittsenba...
Bellingham, WA
2,781,173
In all the years I have been receiving commission checks, you never have to light a fire under the ones cutting them. This is the unwritten law of escrow: Get the agents their checks asap....!
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Doug Dawes
Topsfield, MA
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Bob "RealMan" Timm
Minot, ND
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Dan & Laurie Pittsenba...
Bellingham, WA
5,772,575
Paul,
For commissions on leases, the listing broker had all the monies in the escrow account. When all docs were signed, I wrote checks to all parties. In some cases, we as the listing broker would receive a check or a wire transfer. As soon as the bank gave us the clear signal, I wrote the checks and notified agents to pick up. As far as escrows, it was a day turn around. Some of the big commercial firms liked playing the float. We did not put up with that, and would show up at their offices with palms outstretched. LOL A
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Doug Dawes
Topsfield, MA
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Bob "RealMan" Timm
Minot, ND
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Dan & Laurie Pittsenba...
Bellingham, WA
1,712,676
Immediately. Ours are all wire transferred.
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Doug Dawes
Topsfield, MA
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Bob "RealMan" Timm
Minot, ND
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Dan & Laurie Pittsenba...
Bellingham, WA
921,504
3 hours. And my broker does not apply a service charge for fulfilling this last vestige of broker obligation.
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Doug Dawes
Topsfield, MA
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Bob "RealMan" Timm
Minot, ND
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Dan & Laurie Pittsenba...
Bellingham, WA
7,836,139
Not long. The office has a payment schedule.
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Doug Dawes
Topsfield, MA
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Bob "RealMan" Timm
Minot, ND
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Dan & Laurie Pittsenba...
Bellingham, WA
3,345,091
Day escrow closes - funds are wired into my account.
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Doug Dawes
Topsfield, MA
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Lyn Sims
Schaumburg, IL
969,888
Most of my Brokerage fee's are wired into an account, and the agent's check is processed within 24 hours.
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Doug Dawes
Topsfield, MA
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Bob "RealMan" Timm
Minot, ND
1,502,998
I usually get it the same day from escrow or at the most the next day. Depends on when the recording is and how long they need to settle the books. They'll even wire it into my account if I want.
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Doug Dawes
Topsfield, MA
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Bob "RealMan" Timm
Minot, ND
1,239,901
A day or so after COE.
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Doug Dawes
Topsfield, MA
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Bob "RealMan" Timm
Minot, ND
1,196,798
2,178,603
The Title company delivered the checks same day as closing (or we could pick up) and checks were dispursed the same day... or the next day if received late in the afternoon.
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Doug Dawes
Topsfield, MA
1,844,301
frickin forever - it has to leave my office by courier to main office. Process next day then back with the courier. It's worse if you give a check on Friday.
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Doug Dawes
Topsfield, MA
1,153,794
It's either wired into my account or the check is in my hand before leaving the Title Co. or attorney's office. The days of waiting left 20 years ago!
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Doug Dawes
Topsfield, MA
289,607
If closing before noon...that day, afternoon..next morning
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Doug Dawes
Topsfield, MA
4,936,705
3,986,258
3,854,909