Brokerage Statement Request & Green Sheet FAQs

Brokerage Statement Requests & Green Sheet FAQs

What is a Brokerage Statement Request?

A Brokerage Statement Request is the process used to request a commission invoice and transaction receipt documentation from Kale Realty once a transaction has reached the proper stage in the process.

This request helps ensure all transaction details are accurate before commissions are processed.

What is the Green Sheet?

The Green Sheet is your commission and transaction summary document. It provides a breakdown of:

• Commission details

• Brokerage fees

• Referrals (if applicable)

• Agent payouts

• Other transaction-related deductions or credits

The Green Sheet is designed to give brokers a clear and easy-to-read summary of the transaction.

When should I submit a Brokerage Statement Request?

Brokerage Statement Requests should be submitted once the transaction is under attorney/inspection (A/I). At that stage, brokers typically have the necessary documentation needed to request a brokerage statement.

Why should I submit the request once the file reaches A/I?

Submitting the request once the transaction reaches attorney/inspection helps:

• Avoid last-minute delays

• Allow time for review and corrections

• Ensure commission details are accurate

• Prevent closing-day issues or rush processing

Waiting until the day before closing or the day of closing may delay processing or create unnecessary urgency.

How do I submit a Brokerage Statement Request?

Submit your request using the Brokerage Statement Request form/process provided by Kale Realty. Be sure to include:

• Property address

• Transaction type

• Client name(s)

• Commission details

• Referral information (if applicable)

• Any additional notes relevant to the transaction

Incomplete requests may delay processing.

When will I receive my Green Sheet?

Your Green Sheet will typically be generated after the Brokerage Statement Request has been reviewed and processed. Timing may vary depending on:

• Transaction complexity

• Missing documentation

• Pending referral confirmations

• Contract revisions or amendments

What does the Green Sheet include?

The Green Sheet may include:

• Gross commission

• Brokerage fees

• Referral deductions

• Agent payout amount

• Transaction information

• Coaching fees, if applicable

• Additional credits or deductions related to the transaction

Will I receive a Green Sheet for every transaction?

Yes. The Green Sheet serves as the commission and transaction summary for all processed transactions through Kale Realty.

What if commission details change after submission?

If commission amounts, referrals, or transaction terms change after submission, a new Brokerage Statement Request must be submitted. Please notify the admin/accounting team as soon as possible so the Green Sheet and commission invoice can be updated accordingly.

Can I submit multiple Brokerage Statement Requests at once?

Yes, but please ensure each transaction includes complete and accurate information to help avoid delays in processing.

Who should I contact with questions?

If you have questions regarding Brokerage Statement Requests or Green Sheets, please reach out to the Kale Realty Admin team for assistance.