Realtors request commission disbursed at closing
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A Commission Disbursement Authorization (CDA) instructs your office to pay a real estate commission directly from closing proceeds. This form collects the brokerage, agent, and amount details needed to disburse correctly.
Handling CDAs cleanly is something agents and brokers notice. An online form means the instructions are complete and on file before closing day.
A CDA authorizes the closing agent to pay a brokerage's commission out of the seller's or buyer's proceeds at closing.
The listing or buyer's brokerage, with the agent and commission details. The form captures everything needed to disburse accurately.
It ensures the disbursement instructions are complete and documented ahead of closing, avoiding last-minute scrambles.