Closing Statement Request & Escrow Release

Closing Statement Request & Escrow Release

Please complete the entire form and submit at least 15 days prior to closing.
- Statements will be emailed to Agent and to all emails provided on the request
- If the property file is NOT Compliant at the time of closing, Commissions will be held until the file is Compliant.
- EVERY KWLP SELLER OR BUYER CLIENT WILL BE CHARGED THE $295.00 BROKER ADMIN FEE. If your client contract was taken prior to the KWLP Contract Creation, please add that to the NOTE box below. If you / agent, are paying for your client fee, please also add that to the NOTE box below.
Primary Agent Submitting

First NameLast Name
Requester's Email
example@example.com
Property Address

Street Address

Street Address Line 2

CityState / Province

Postal / Zip Code
Closing Date

MonthDayYear
Seller's Attorney

NameEmail
Seller's Attorney Paralegal

NameEmail
Seller 1

First NameLast Name
Seller 2

First NameLast Name
Buyer's Attorney

NameEmail
Buyer's Attorney Paralegal

NameEmail
Buyer 1

First NameLast Name
Buyer 2

First NameLast Name
Please select the following that apply:
Commission & Broker Administration Fee Information

EVERY KWLP SELLER OR BUYER CLIENT WILL BE CHARGED THE $295.00 BROKER ADMIN FEE. If your client contract was taken prior to the KWLP Contract Creation, please add that to the NOTE box below. If you / agent, are paying for your client fee, please also add that to the NOTE box below.
Commission Calculated On:
Sales Price ($)
Commission Based On ($)
Buyer's Agent

First NameLast Name
KWLP Agent
Bill the Buyer Broker Admin Fee
Direct Pay
By Electing Direct Pay you agree to the Direct Pay Guidelines:
1. Requests must be received 10 business days prior to closing;

2. Files must be broker compliant

3. MC invoices must be up to date; If there are any outstanding balances, they will be deducted from agents commission with the possbility of collection for upcoming months invoices.

4. Challenges for Direct Pay occur with Capping / Anniversaries, you may owe KWLP back funds if you were not paid correctly at the closing by the attorney. KWLP may request 74-80% split be paid to the agent, regardless of "Capped" status

5 The agent must ALWAYS submit a copy of their direct pay commission received by the attorney. This must be uploaded to your Opportunity immediately after the closing.

6. The KWLP portion of commission must be immediately received by the office.

7. Non-compliance of the Direct Pay Guidelines will cause discontinuance of future Direct Pay requests
Buyer's Agent Office Name
Town
Selling Side %
Selling Side $
KW Cares $
Listing Agent

First NameLast Name
KWLP Agent
Bill the Seller Broker Admin Fee
Are you the Listing Agent?
Direct Pay
By Electing Direct Pay you agree to the Direct Pay Guidelines:
1. Requests must be received 10 business days prior to closing;

2. Files must be broker compliant

3. MC invoices must be up to date; If there are any outstanding balances, they will be deducted from agents commission with the possbility of collection for upcoming months invoices.

4. Challenges for Direct Pay occur with Capping / Anniversaries, you may owe KWLP back funds if you were not paid correctly at the closing by the attorney. KWLP may request 74-80% split be paid to the agent, regardless of "Capped" status

5 The agent must ALWAYS submit a copy of their direct pay commission received by the attorney. This must be uploaded to your Opportunity immediately after the closing.

6. The KWLP portion of commission must be immediately received by the office.

7. Non-compliance of the Direct Pay Guidelines will cause discontinuance of future Direct Pay requests
Listing Agent's Office Name
Town
Listing Side %
Listing Side $
KW Cares $
How many Inside Referrals and/or Other KWLP Agents need to be added?
How many Outside Referrals?
Team Agent or Inside Referral (Name)
Office Name
Commission from Which Side:
Percent %
Dollar $
Team Agent or Inside Referral (Name)
Office Name
Commission from Which Side:
Percent %
Dollar $
Team Agent or Inside Referral (Name)
Office Name
Commission from Which Side:
Percent %
Dollar $
Team Agent or Inside Referral (Name)
Office Name
Commission from Which Side:
Percent %
Dollar $
OUTSIDE Referral Agent (Name)
Office Name
Address

Street Address

Street Address Line 2

CityState / Province

Postal / Zip Code
Phone Number
Percent %
Dollar $
Which Side:
OUTSIDE Referral Agent (Name)
Office Name
Address

Street Address

Street Address Line 2

CityState / Province

Postal / Zip Code
Phone Number
Percent %
Dollar $
Which Side:
OUTSIDE Referral Agent (Name)
Office Name
Address

Street Address

Street Address Line 2

CityState / Province

Postal / Zip Code
Phone Number
Percent %
Dollar $
Which Side:
OUTSIDE Referral Agent (Name)
Office Name
Address

Street Address

Street Address Line 2

CityState / Province

Postal / Zip Code
Phone Number
Percent %
Dollar $
Which Side:
Contract to Close Amount $
Is the file Compliant?
SOI Credit
Lead Program
Outstanding items to become compliant:
Escrow Release

If we are holding Escrow Funds / deposit**
Amount to be Released
Make Check Payable to:
Please do the following with the escrow release:
I have confirmed with our attorney that they are a Verified Attorney with KWLP's DepositLink account and can accept DepositLink transfers.
If you have not asked your attorney if they are verified, or confirmed that they are, please reselect where Escrow to be released to (Pick up check in West Hartford or Mail the Escrow Check).

If you would like more information on how to get your attorney approved & verified so that you can get paid faster (maybe even direct deposit!), please email closings@kwrct.com for next steps!
Mail To: Attorney Practice Name

Practice NameAttn To:
OR Mail To: Name

First NameLast Name
Address

Street Address

Street Address Line 2

CityState / Province

Postal / Zip Code
Additional Notes (Special note regarding splits, referral, mailing, etc):
File Upload

Upload your referral documents, instructions and w9s
Cancelof
Should be Empty:

Closing Statement Request & Escrow Release

Commission & Broker Administration Fee Information

Escrow Release