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How Do I Get Paid at Closing (CDA / Title Payout)?

Where possible, Easy Realty agents are paid at closing by the title company or closing attorney through the CDA. The transaction file must be complete for a CDA to be approved. If the file is incomplete, the commission will be paid to the brokerage and disbursed to the agent only after the file passes all compliance checks.

Where possible, Easy Realty agents are paid at closing by the title company or closing attorney.

Payment is issued based on the Closing Disbursement Authorization (CDA) or final settlement statement.

To be paid at closing, your transaction file must be complete and approved for CDA processing.

 

What Is a CDA?

A CDA (Closing Disbursement Authorization) is the document used by title to outline how all funds are distributed at closing.

It includes:

• Brokerage commission
• Agent payout
• All other disbursements

If your payout is not correctly reflected on the CDA, you will not be paid at closing.

 

How Easy Realty Agents Get Paid

There are two ways agents are paid depending on file status.

1. Paid at Closing (Preferred)

You are paid directly by the title company or closing attorney if:

• Your transaction file is complete
• Your CDA request is approved
• Your commission instructions are submitted correctly

In this case, your commission is disbursed at closing.

2. Paid After Closing (Brokerage Disbursement)

If your transaction file is incomplete:

• The commission is paid to Easy Realty at closing
• The brokerage holds the funds
• Payment is not released to you until compliance is satisfied

Your commission will only be disbursed after the file passes all brokerage compliance checks.

 

Agent Responsibility

You are responsible for ensuring your file is complete and ready for CDA approval.

This includes:

• All required transaction documents uploaded
• Accurate commission instructions submitted
• No missing disclosures or contracts

Incomplete files will not be approved for CDA.

 

How to Request a CDA

To request a CDA, submit a Get Paid request and upload a complete transaction file and commission instructions.

CDA requests are only approved when the file is fully compliant.

Incomplete files will not be approved for at-closing payment.

 

Commission Instructions

You must submit commission instructions before closing.

These instructions tell title:

• Who gets paid
• How much each party receives
• Where funds should be sent

If instructions are missing or incorrect, the CDA cannot be finalized properly.

 

Timing

Submit your documents and commission instructions early.

Waiting until closing creates risk of:

• Payment delays
• Incorrect disbursement
• Brokerage-held commissions

 

Common Issues That Delay Payment

• Incomplete transaction file
• Missing disclosures
• Missing or incorrect commission instructions
• Last-minute changes not reflected in CDA

 

Summary

Agents are paid at closing through the CDA when the file is complete and approved.

If the file is incomplete:

• The brokerage receives the commission
• Payment is held
• Funds are disbursed only after compliance approval

If it is not approved for CDA, it does not get paid at closing.