The CDA, or Commission Disbursement Authorization, is a document that can be sent to the escrow company, title company, attorney, or whoever is handling the closing. It gives instructions on how the commission should be dispersed and is essentially a payment request to the closing company.
What is a commission letter in real estate?
A real estate commission demand letter is a notice given by a broker to a client who has not paid a commission. This is often after a transaction has occurred on the property, such as a sale or lease, or if other terms of the contract rightfully owe the broker.