Deposit/Realtors Tab

The Deposit/Realtors Tab contains the following fields:

Deposit Amount - Enter the amount of the deposit. Amounts must be entered without commas or $.

Deposit Paid To - Click the drop down and select the party the deposit was paid to.

Selling Realtor - Click the blue Selling Realtor link to lookup the selling realtor in the library. You are not required to enter an individual realtor, however, many firms choose to enter individual realtors on each file in order to generate a Realtor Report and track files being received. When you select a realtor, the Selling Realtor Company, address, phone and fax will complete. Note: Individual realtors are not entered in the public library. In order to add an individual realtor to your file, you must make a private library entry.

Selling Realtor Company - If you are not entering an individual selling realtor, click the blue link Selling Realtor Company to lookup the selling realtor company in the library. When you select a company, the Selling Realtor Company, address, phone and fax will complete.

Selling Commission - Enter the amount of the selling commission. Amounts must be entered without commas or $.

HST (Apply HST) - Click the Apply HST link to have the system calculate HST on the selling commission. This figure can be edited if required.

Total Commission - This field completes automatically and is not editable by you.

Listing Realtor Same as Selling Realtor? - Select this option if your listing realtor company is the same as the selling realtor company.  Once this option is selected, all of the listing realtor fields become unavailable as it is not required that you re-enter this information.

Listing Realtor - Click the blue Listing Realtor link to lookup the listing realtor in the library. When you select a listing realtor, the Listing Realtor Company, address, phone and fax will complete.

Listing Realtor Company - Click the blue link Listing Realtor Company link to lookup the listing realtor company in the library. When you select a company, the Listing Realtor Company, address, phone and fax will complete.

Listing Commission - Enter the amount of the listing commission. Amounts must be entered without commas or $.

HST (Apply HST) - Click the Apply HST link to have the system calculate HST on the listing commission. This figure can be edited if required.

Total Commission - This field completes automatically and is not editable by you.

Realtor Release Excess To - If the deposit is paid to the realtor, and is in excess of the applicable commission, click the drop down and select the appropriate party that will receive the excess funds.

Report Completion To - Click the drop down and select the appropriate realtor that you will be reporting to. In the two cheque system, select Both. In the one cheque system, select which of the realtors will receive your report and any applicable funds.

Report to Realtor By - Click the drop down and select the appropriate person that is reporting to the realtors. Tip: This can be set permanently in the Lawyer Profile screen.