Transition Coverage Reimbursement Request

Transition Coverage Reimbursement Request
This form is used to request reimbursement from your Transition Coverage budget per the terms of your ICA.

Prior to submission, please make sure you have submitted your W-9 form, completed your Business Entity Affirmation, and signed up for Direct Deposit. If you are unsure this has been completed, please reach out to the Agent Experience team, agentexperience@compass.com.

Once that is completed, please submit 1 listing or request per submission and we will reach out to you if we have questions or anything further is needed from you to process the request.
If everything is set up and submitted correctly, you can expect payment within 5-7 Business Days.
Before filling out your request for the first time, please take time to review the Form Guide which will assist you with how to complete the form:

Click Here for the Form Guide

Please note that the Guide provides video or text walkthrough and can be navigated to any section via the navgiation pane on the left. The video walkthrough will take about 7 minutes or less to complete based on the type of reimbursement. The text walkthough can be found below the video walkthrough.
Agent Name (Payee)*
This is the agent to be reimbursed. Other allocations of the payment can be elected later on the form
Agent Compass Email*
Enter the Compass email address of the Agent (Payee)
Team Name*
If the agent is not on a team, enter the agent name
Prior Brokerage
only one Reimbursement Type per request
- Lost Commission = Commission you were partially paid for deals closed with your prior brokerage
- Referral = Referral payment you had to make to your prior brokerage on a closing with Compass
- Clawback/Repayment = Non-commission amount your prior brokerage is claiming from you
- Loss of Listing = Commission not paid to you for a listing you had with your prior brokerage. Only closed sales can be reimbursed.
- Rebranding = Costs incurred due to rebranding to Compass. Click here for a list of approved expenses. Please ensure that Rebranding is included in your ICA Transition Coverage clause
Type of Reimbursement Request*

Lost CommissionReferralClawbackLoss of ListingRebranding

Lost Commission

Commission you were partially paid or not paid for deals closed with your prior brokerage

Click here for the Guide to this section
Rebranding

Costs incurred due to rebranding to Compasse

Click here for the Guide to this section
Referral Payment

Referral payment you had to make to your prior brokerage on a closing with Compass

Click here for the Guide to this section
Clawback / Repayment

Non-commission amount your prior brokerage is claiming from you

Click here for the Guide to this section
Loss of Listing

Commission not paid to you for a listing you had with your prior brokerage

Click here for the Guide to this section
Only closed sales can be submitted for reimbursement
Deal Address*
Sale Closing Price*
This should be the total amount used to calculate the Broker Fee
Broker Fee Measurement*

DollarsPercent
Broker Fee*
Please enter the gross fee your prior brokerage received according to the measurement you provided. Enter percentages as a decimal. eg. 0.25 equals 25%
Broker Fee Documentation*

Please upload a document that illustrates the Sale Closing Price and/or Broker Fee the brokerage received. No HTML / EML files please
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Total Broker Fee
This field is automatically calculated
Did you pay a Referral or Split to another agent?

YesNo
Referring or Split Agent Name/s
This is the agent or agents that you paid a referral to, or had to split the deal with through your prior brokerage
Referral / Split Measurement

DollarsPercent
Referral / Split % or Amount
Please enter amount according to the measurement you provided. Enter percentages as a decimal. eg. 0.25 equals 25%. If there were multiple parties paid, enter the total paid to all.
Total Referral / Split Payment
This field is automatically calculated
Commissions Paid

The following section details the calcuation of the commissions you were paid
Reduced Split %*
Enter the reduced split percent you were paid by your prior brokerage as a decimal. eg. 0.25 equals 25%. If you were not paid at all enter 0.
Additional Deductions
Enter the total dollar amount of any additional deductions made to your commissions.
Paid Commission Documentation*

Please upload a document that illustrates the commission you were paid by your prior brokerage. If you were not paid due to a clawback, upload the clawback invoice showing the commission withheld. No HTML / EML files please
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Total Paid Commission
This field is automatically calculated
Commissions Earned

The following section details the calcuation of the commissions you should have been paid
Prior Contract Split %*
Enter the contracted split percent you had with your prior brokerage as a decimal. eg. 0.25 equals 25%.
Additional Deductions
Enter the total dollar amount of any additional deductions made to your commissions. If you should be reimbursed for this amount, please delete the amount shown here
Prior Split % must be more than Reduced Split %
Total Earned Commission
This field is automatically calculated
Current Contract Split %
Enter the contracted split percent you have with Compass as a decimal. eg. 0.25 equals 25%.
Please ensure that Rebranding is included in your ICA Transition Coverage clause before continuing. Requests for ICA's without Rebranding will be rejected.

Please review the list of approved Rebranding expenses prior to submission to ensure your expenses are covered by your Rebranding budget

Please upload documents illustrating the amounts to be reimbursed. Please combine multiple receipts into one file. No HTML / EML files please.
Please upload a copy of the referral agreement. No HTML / EML files please
Please upload a copy of the clawback invoice showing the deduction for the amount requested or payment receipt. No HTML / EML files please
Please provide documentation showing that you owned the listing, ie. Listing Agreement. No HTML / EML files please
Upload Documentation*

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Reimbursement Breakdown Summary
Total Broker Fee
Total Referral / Split Payment
Gross Referral Payment
Net Broker Fee
Prior Contract Split %
Earned Commission
Additional Deductions
Total Earned Commission
Current Contract Split %
Reduced Split %
Paid Commission
Additional Deductions
Total Paid Commission
Amount to be Reimbursed*
Amount to be Reimbursed cannot be negative. Please review your infomation and correct it so that this amount is positive
Notes for Finance

Payment Allocations

This section can be used to split the Reimbursement Amount between multiple Compass agents. Payment cannot be made to external parties
Total Reimbursement Amount
Agent 1*
Agent 1 Amount*
Agent 2
Agent 2 Amount
Agent 3
Agent 3 Amount
Agent 4
Agent 4 Amount
Agent 5
Agent 5 Amount
Amount Left to Allocate
Amount Left to Allocate must equal zero in order to Submit your request. Please adjust the allocations to equal the Total Reimbursement Amount
PLEASE READ & AFFIRM BELOW
Any capitalized term used, but not otherwise defined, herein shall have the meaning ascribed to it in Agent’s Independent Contractor Agreement with Broker, as may be amended, restated, modified, and supplemented from time to time (collectively, the “ICA”), the terms and conditions of which are expressly incorporated herein by reference. Agent certifies that this Lost Commission and Coverage Agreement is submitted by, and on behalf of, the agent to whom such lost commissions and/or Prior Firm Clawbacks is due, and that Agent has the full authority to do so pursuant to the ICA. Payment by Broker to Agent hereunder of any lost commissions due to Agent in connection with any Lost Commissions Transaction(s), together with any Prior Firm Clawbacks, whether remitted to Agent pursuant to this submission, or a prior and/or subsequent submission of this form, shall not, in the individual nor in the aggregate, exceed the aggregate monetary cap set forth in the ICA. Upon Disassociation, if by Broker for Cause or as a result of Agent’s voluntary disaffiliation, before the earlier of (i) the three (3)-year anniversary of the Start Date of Agent’s first ICA with Broker, or (ii) the expiration of the repayment obligation period set forth in the ICA, if applicable, Agent agrees to repay to Broker all Transition Coverage amounts actually received by Agent through such Disassociation date. In the event Agent receives a payment from Agent's prior brokerage firm in connection with a Lost Commission Transaction or a Prior Firm Clawback to which Agent's Transition Coverage was applied (a "Prior Firm Payment"), Agent agrees to promptly make a cash reimbursement payable to Broker in an amount equal to the Prior Firm Payment. Agent understands and agrees that Broker retains the right to recoup any such Prior Firm Payment in accordance with the repayment obligation terms set forth above.
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Transition Coverage Reimbursement Request

Reimbursement Breakdown Summary

Payment Allocations