Broker Demands
What are Broker Demands?
After opening escrow on a transaction, you’ll receive a set of commission instructions from the escrow company that outlines the amount of commission the Brokerage is to be paid at closing.
As an agent, you are responsible for editing the document in a digital signature platform and sending it to our file auditors.
Broker demands/commission instructions must be signed and uploaded into SkySlope prior to close, so take care of this paperwork as soon as the escrow company sends it your way!
How do I submit my Broker Demands/Commission Instructions?
- First, use an e-signature method of your choice to add a digital signature for DeAnn Best at deann@realtyconcepts.com orJudy Stumpf at judys@realtyconcepts.com.
- Then, add the following verbiage to the document in a read only text box: “Please wire commissions, using Realty Concepts' wire instructions or contact wires@realtyconcepts.com for instructions.”
- Finally, send your Broker Demands to DeAnn or Judy for their signature. Once received, send the document back to your escrow officer for their files and upload the document into SkySlope.