On Page 2 of the CD in the Settlement Statement Module, double click on an available line in section “H. Other” to initiate the Line Detail window. Change the ‘Fee Type’ in the top left of the window to "Broker Commission Fees". This will automatically initiate the Broker Commission Calculator and allow you to calculate one or multiple commissions.
In the Broker Commission Calculator, you may calculate the commission by entering a ‘Percentage’ or total ‘Amount’. If the commission needs to be split between two brokers, edit the ‘Commission’ or ‘Percent’ field in the 1st broker row and it will automatically split the difference for the 2nd broker.
Additional Brokers can be added by clicking on the ‘Insert’ button at the bottom of the calculator window.
Please note that the Broker Commission Calculator must be used in order for the Broker Commission amounts to show correctly on the ALTA Settlement Statement reports.