CDA & Paid at Closing Guide

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• Related Articles

• How do Agents Get Paid?

  Agents are typically paid at closing, meaning the title company pays them on Dalton Wade's behalf. However, for this to happen, the agent's Dotloop file must be complete and approved so a Commission Disbursement Authorization (CDA) can be issued. ...

• CDA – Title / Lease / Escrow Information

  CDA – TITLE / LEASE / ESCROW INFORMATION This section of the CDA must be completed with the company name, contact person, email address, and phone number for the individual or company holding the escrow funds or who will be sending the funds to ...

• Agent Commission Payment Timeline

  Agent Commission Payment Timeline The timing of your commission payment after a property closes depends on two things: 1️⃣ How Dalton Wade receives the funds, and 2️⃣ How you are set up to receive your payment. How Dalton Wade Receives Funds 1. Wire ...

• Pay at Close (PAC) – State Guidelines for Dalton Wade Agents

  "Pay at Close” (PAC) refers to a process where a real estate agent’s commission is disbursed at closing by the settlement agent (title company, escrow company, or closing attorney) rather than being paid later by the brokerage. At Dalton Wade, Pay at ...

• E-Check Process

  In certain situations, agents may not be able to be paid at closing by Title (such as with new construction, when an agent has not submitted their file, or if a file is incomplete). In these cases, Dalton Wade will disburse funds via e-check. ...