Get Commission Disbursement Authorization

Completing the Commission Disbursement Authorization online is a straightforward process that ensures the accurate allocation of commissions for real estate transactions. This guide will walk you through each section of the form, making it easy to understand and fill out.

Follow the steps to effectively complete the form.

1. Click ‘Get Form’ button to retrieve the Commission Disbursement Authorization and open it in your preferred online editor.
2. Begin by entering the FHLMC Loan number and the Asset ID number in the designated fields at the top of the form.
3. In the provided space, input the name of the closing attorney or escrow agency, as well as the property address. Be sure to accurately detail this information to avoid any processing issues.
4. Next, enter the buyer's name and the sales price. Make sure to double-check the figures for accuracy.
5. Indicate the approved commission percentage or amount in the appropriate fields for both the listing and selling brokers. Ensure you fill in all mandatory fields.
6. For the listing broker, input any applicable bonuses, along with the company name, address, city/state, and the listing broker's name.
7. Repeat step 6 for the selling broker, ensuring that all their information, including bonuses, is accurately filled out.
8. Calculate and finalize the total commission, excluding any incentives and/or bonuses. Enter this value in the specified field.
9. Sign the document as the seller and both brokers, including their respective license numbers, confirming the commission instructions are irrevocable.
10. Once all fields are completed, you can save your changes, download, print, or share the form as necessary.

Start completing your documents online for a seamless experience.