Commission Payments
COMMISSION PAYMENT SCHEDULE Commissions are paid each Monday, Wednesday, and Friday, normally with a 2:00 pm cutoff. In other words, any complete commission files that are received prior to the cutoff will be paid that day, any received after the payoff will be processed on the next payment day.
Mon
Wed Fri
DIRECT DEPOSIT The company provides (and encourages) direct deposit to business checking accounts. Payments are processed on the pay days just like paper commissions and are generally availably in the agent’s checking account in 24-48 hours. To sign up for direct deposit, agent’s will need to fill out a direct deposit enrollment form with accounting.
REQUIRED DOCS FOR COMMISSION DISBURSEMENT q Commission Disbursement Form q Signed Settlement Statement from closing q Property Acceptance Agreement
q Right to Inspect Form q Lead Based Paint Form
QUESTIONS: accounting@kpdd.com
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