Parties
Clearly name all payees and payors using full legal names and business entity names where applicable to avoid ambiguity at closing.
Clear remuneration disclosures reduce transactional friction, protect parties from undisclosed conflicts, and align expectations about who is paid and when. They support regulatory compliance and can reduce the risk of rescission, civil penalties, or professional discipline when completed accurately and shared at required times.
Accurate completion benefits all parties by improving transparency and reducing downstream disputes over who is owed what at closing or lease commencement.
Clearly name all payees and payors using full legal names and business entity names where applicable to avoid ambiguity at closing.
Specify whether payment is commission, flat fee, referral fee, finder’s fee, or credit; include whether payment is a percentage or fixed amount.
Provide exact dollar amounts or a clear formula (for example, '3% of gross sale price payable at closing') to ensure calculable obligations.
State when the payment is due (at closing, upon occupancy, on a milestone) and any conditions that delay or accelerate payment.
Note conditions that affect payment: contract termination, financing failure, buyer default, or post-closing adjustments.
Include the document or agreement authorizing payment (listing agreement, buyer-broker agreement, referral agreement) with dates and parties referenced.
| Field | Configuration |
|---|---|
| Signer order | Define sequence (broker → seller → buyer) to ensure correct execution order. |
| Authentication | Use email + SMS or ID check for higher assurance when required. |
| Conditional fields | Show payment fields only when referral or third-party fees are present. |
| Storage | Save completed copies to transaction folder and escrow/title provider. |
Preserve the signed record and audit trail in the transaction file and ensure access controls meet professional and state requirements.
Deliver remuneration disclosure when the property is listed and any listing agreement executed.
Provide buyer-side disclosures before acceptance where compensation affects buyer decisions.
Confirm and reissue if payment terms change between offer and contract.
Ensure title/escrow has the final signed disclosure to prepare settlement statements.
Retain executed copies immediately after closing per retention policy.
The listing broker signs to acknowledge commission arrangements with cooperating brokers and to confirm the broker’s authority to disburse or receive funds per the listing agreement.
The property owner signs to acknowledge amounts payable from sale proceeds and to authorize payment to named payees at closing or settlement.
A listing agent discloses a 3% commission split to cooperating brokers
An investor refers a buyer to a broker for a $2,000 finder’s fee
| signNow | DocuSign | Adobe Sign | PandaDoc | HelloSign | |
|---|---|---|---|---|---|
| Starting Price | $8/user/mo | $15/user/mo | $14/user/mo | $19/user/mo | $15/user/mo |
| Free Trial | 7-day free trial | Varies by plan | Varies by plan | Varies by plan | Varies by plan |
| Bulk Send | Yes (Business Premium+) | Yes (plan-dependent) | Yes (plan-dependent) | Yes | Yes (plan-dependent) |
| Audit Trail | Yes | Yes | Yes | Yes | Yes |
| HIPAA Compliant | Yes | Yes | Yes | No | No |