Paystub generator for real estate agents and brokers. Document large commission payouts and broker fee deductions easily. Created specifically to match the format used by major real estate agents employers.
Real estate agents often experience feast-or-famine income cycles. Generating a paystub for each closing helps you maintain a professional, standardized record of your commission checks, which is especially useful when applying for a mortgage yourself.
Most agents split their commission with their brokerage and pay desk fees or E&O insurance. Your paystub should clearly show the gross commission, the broker split deduction, and your true net payout.
Realtors typically use a combination of 1099 forms, tax returns, and bank statements. Creating standardized paystubs for every commission check adds an extra layer of clarity for underwriters.
Typically no. Realtors are usually 1099 independent contractors, meaning the brokerage cuts a gross check and the agent must pay their own estimated taxes.
