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REAL ESTATE COMMISSION QUESTION IN 700 SERIES OF HUD-1 Question: Where do I put the percentage of commission to the real estate agents on the HUD-1?

April 26, 2017agents Commission hud-1 PERCENTAGE Real Estate SERIES

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REAL ESTATE COMMISSION QUESTION IN 700 SERIES OF HUD-1 Question: Where do I put the percentage of commission to the real estate agents on the HUD-1?

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The percentage used to compute the sales commission has been removed from the HUD-1 to better reflect current practices in the real estate industry. The total amount of the commission to each real estate broker or agent must be shown on Lines 701-702. The amount of the commission disbursed at settlement must be shown inside the columns on Line 703.