Agent Commission Check

[Yoshua Ramirez]

Hello, my name is Yoshua. I'm having a challenge here and hope to get some answers. I have a client buyer who is looking to rent(lease) from a private Lessor(landlord). Not in the MLS. My buyer clients agree to pay my commission. But my concern is about how it would work because the money has to go through the brokerage before it gets to me as an agent. Would cash hander directly to my manager, or money order, or wire? Let's just say that cash is the main funding source. How could we make this work?

[Robert Carmody]

Agree. Prepare an invoice for professional services provided, with invoice from brokerage, payment due to brokerage, and the customer can pay the brokerage with check or cash or whatever form of payment theyll allow. As an agent working on behalf of your brokerage, you just want to make sure that the invoice is from the brokerage to the customer,  and that the money received comes from the customer to the brokerage, then to you, with paper trail, just like it would if a resale transaction was closing normally. You may want to have them sign something, even if its just the invoice, that shows that they agreed to pay you $___ in exchange for _______ services.