Submission Cover Page & Wire Information Verification Escrow Officer Wire & Fee Instruction/Verification Escrow Officer: Please read and insure that all of the fields in this box are complete and correct! Buyer Representation Seller Representation 1. Add Fee to CD/SETTLEMENT STATEMENTs: Please add a Document Storage & Access Fee of $60 to the CD/SETTLEMENT STATEMENT 1 settlement statement. 2. Wire Information: Total Wire Amount: $ (Commission + $60 Fee) Wire Date: Bank Sending: Sent by: (Please Print) 3. Wire Instructions: Equity does not accept physical commission checks. If you have more than one file for Equity do not combine commissions into one wire. Please wire the total wire amount to the following account: 1. Bank: 2. ABA Number: 3. Account Name: 4. Account Number: Northwest Federal Credit Union (Herndon, VA) 256075025 Equity Realtors, LLC 10855-0061 4. Notify Involved Parties: After the wire is sent, please send the following in a single email to: utpayroll@equity-usa.net Please CC our agent at:. 1. This fully completed Wire Information/Verification Form 2. Fully executed final CD/SETTLEMENT STATEMENTs, and 3. A bank-issued wire confirmation Thank you! Equity Agent Provide a copy of this form to the Escrow Office before the closing. You should have already completed all the fields below. This form is the only way we can match wires received with the corresponding files. To ensure prompt payment of your commission, please make sure your Title Company understands the importance of this form, and that it MUST be complete! Property MLS #: Under Contract Date: Closing Date: EM Held @: EM Amount: $ Estimated Commission: $ Estimated Final Price: $ Equity Agent: Other Agent: Equity Branch: Other Brokerage: Equity Agent Phone: Other Agent Phone: Client Name(s): Opposite Client Name(s): Client Client Escrow Company: Escrow Officer: Escrow Phone:. Notes:
Under Contract Packet Checklist To help expedite payment of commissions, the documents listed below must be submitted in order, via a single PDF Document. Equity cannot accept paper documents. Blue* items are required. This is packet 2 of 2 when representing the Listing side. (Listing Packet is 1) Seller Name: Property Referral Agreement Paying a Referral Equity Agent to Equity Agent Commission Share Agreement Client Satisfaction Survey and Movie Tickets 80/20 Reduction Form Submission Cover Page & Wire Instruction Verification* *Give Title a copy & explain the procedures. Your paycheck depends on this! Under Contract Packet Checklist* Copy of the MLS Listing showing the status changed to Under Contract * *Change to sold on the MLS after funding Real Estate Purchase Contract (REPC)* ALL Addendums in Numerical Order* FHA/VA Addendum *Required when a REPC is being presented with a Buyer using FHA or VA financing. Short Sale Addendum *Required for Short Sales Short Sale Disclosure *Required for Short Sales Disclosure of Interest Addendum to REPC *Required when an Agent is a Buyer/Seller or The Agent is a relative of the client. Lead-Based Paint Disclosure *Required on all properties built before 1978 Lead-Based Paint Addendum *Required only when 3(d) and (i) are checked on the Lead-Based Paint Disclosure Limited Agency Agreement Disclosure *Required if an agent represents both the Buyer and the Seller or Both agents are Equity agents. Seller s Property Condition Disclosure* Transaction Document Receipt* I certify all Accepted, Rejected, & Canceled offers for this client have been submitted to failedcontracts@equity-usa.net *Must Check this Box on All Buyer Submissions.
Equity Agent to Equity Agent Commission Share Equity Agent: Use this form to direct where and how you would like to divide /share your commission check with other Equity agents. Start with the total and subtract each item until you reach zero. --------------------------- Client Name: MLS #: Property Address: 1. Total incoming wire from Title Office:. $ 2. Minus Transaction Fee -$499.00$ 3. Minus Document Storage & Access Fee of: -$60.00$ Sent by Title inside your commission wire. 4. Net commission to be divided by agents:. $ --------------------------- Line 5 will be the Primary agent on the transaction. All transaction fees will be deducted from this agent s commission share. The totals below will be the net payout after fees are deducted. If this is unclear to you, please contact your Broker. 5. Equity Agent (Name Below) Receives:. $ (Agent # - Office use only) 6. Equity Agent (Name Below) Receives:. $ (Agent # - Office use only) 7. Equity Agent (Name Below) Receives:. $ (Agent # - Office use only) Total Equals:. $ Check your math, if you subtracted correctly the total should equal zero. Equity Agent Signature (Signature must be for agent whose name is on this file, authorizing this disbursement of his/her commission.) (Date) You must submit this form to Equity before the client closes
Referral Form Sending Agent: (Agent Sending the Referral) Sending Broker: Sending Company: Receiving Agent: (Agent Receiving the Referral) Receiving Broker: Receiving Company: Sending Agent to Receive: % or $ of the total sales commission. Receiving Agent to Receive: % or $ of the total sales commission. Listing Referral: Buyer Referral: (Sending Agent) Date: (Receiving Agent) Date: (Sending Broker) Date: (Receiving Broker) Date: Tax ID:
Equity Standard Transaction Fee 80/20 Reduction Form Equity Agents/Brokers: Use this form only if you are requesting a reduction in the Standard Transaction Fee because you sold a property for less than $83,000. Standard Transaction Fee 80/20 Exemption The Company understands that the standard transaction fee may seem excessive when dealing with lower priced properties. In an effort to make such transactions fairer, the Company agrees to alter the standard transaction fee to an 80/20 split under the following conditions. Purchase price must be less than $83,000. Agent agreement must show a 2.7% or greater commission rate being paid to the Agent. Should the Agent s commission be reduced by a bank in an REO, Short Sale, or other instances in which the seller s agent is offering less than 2.7%, the Agent will be considered to have met this requirement and remain eligible for the fee reduction. For Equity records, please provide evidence showing the required fee reduction. Agent must send this completed and signed Equity Standard Transaction Fee 80/20 Reduction Form with the required transaction paperwork. The Company is not responsible for incomplete or missing documentation. $60 Document Storage and Access Fee is not charged on 80/20 transactions due to lower commissions and fees. Profit sharing is not offered on 80/20 transactions due to lower commissions and fees. If you are unsure of the amount wired to Equity, please contact your escrow officer. They will be able to supply this information. $ x.80 = $ Total Amount of Wire Commission Percentage 80% Total Commission to Agent (From Title) $ x.20 = $ Total Amount of Wire Fee Percentage 20% Total Transaction Fee (From Title) ------------------------------------------------------------------------------------------------------------------------------------- Full Property Address Agent Name Equity Agent Signature Date
Client Amazon Gift Card Order & Agent Evaluation Request ----- Do not submit this form if you are not interested. ----- Equity Agent: Take the opportunity to give your newest Client(s) a gift card as a small closing gift! If you would like to take advantage of this customer appreciation service, simply fill out the information below, submit it with your finished packet, and Equity will deduct the amount you designate from the commission associated with this transaction. Your choices are Give my client a $ Tango Gift ecard Not sure which gift card the recipient prefers? Give a Tango Card. The Tango Card is the ultimate gift card with the power of choice. Your client can choose from a huge selection of vendors like Amazon, Bass Pro Shops, Best Buy, Bed Bath & Beyond, Cabela s, and many more, or donate the gift to a non-profit. They can spend it all on one location, or split it up between different vendors. They can save it or give it to a loved one and it never expires! Give my client a $ Amazon Gift ecard Give my client a $ physical Amazon Card The top selection will deliver a digital gift card to the client s email while the bottom section will actually send them a physical gift card in the mail. Would you care to include a message? If so, write it in the box provided below. If you leave this box blank, no message will be included. Along with the gift (e)card and your message, Equity can send your client a digital survey via the email you provide below. You will be able to see the results of the survey, as will your broker. Send Survey Don t Send the Survey MAKE SURE TO CHECK ONE. Equity Agent: Agent Phone: Send Gift Card & Survey to: Client Name(s): Mailing Only include the mailing address if you want the physical Amazon Gift Card mailed. -- Page1 equity-usa.com
Transaction Document Receipt You are required to give copies of all signed documents to your clients. Please check the box next to the all documents that apply to this transaction. Please initial next to each checked box acknowledging the receipt of the documents. Client Name: Property Address: ------ The following documents have been received or delivered as shown below: Please initial next to each checked box / Copy of the Real Estate Purchase Contract (including addenda) signed by the Buyer and the Seller / Agency Disclosures Buyer Agreement Listing Agreement Limited Agency Agreement / Seller s Property Condition Disclosure Form Buyer Due Diligence Checklist / Lead Based Paint Disclosure and Acknowledgment EPA Lead Based Paint Pamphlet / Commitment for Title Insurance No.: Issued by: / CC&R s for the: Condominiums Subdivision / Homeowner s Association Budget Financial Statement Minutes / Property Inspection Report Dated: Prepared by: / Survey Map dated: Prepared by: / Inventory of Personal Property Included in the REPC. / Leases Affecting the Property Copy of Property Management Contract(s) affecting Property / Copies of Water Certificates/Water Shares / Written Notice of: Loan Denial Loan Approval by: (Lender) / Written Notice of Cancellation of Contract by: Buyer Seller / Written Notice of Objections Based on Evaluations and Inspections / Other (Describe): ------ Client to fill out section A or Agent to fill out section B: A. I have initialed next to the boxes checked above, and I have signed below, thereby acknowledging my receipt of the document(s) checked above. Signature(s) of: Seller(s) Buyer(s) Client Signature(s) Date B. I personally caused a final copy of the document(s) checked above to: Seller(s) Buyer(s) Method of delivery: Emailed Hand Delivered Faxed Mailed Other Agent Signature(s) Date --------------