Long & Foster Has Upgraded Its Accounting System

Due to the feedback and requests received from agents, Long & Foster’s accounting system was upgraded to provide new easy-to-read reports, including revised Agent Statements and an Agent Commission Detail Report for each closed transaction.

The upgrade has resulted in a few changes.

  • Agents now receive an electronic deposit or check for each case paid.
  • Team members no longer see charges that are paid by their team leader on their statements.
  • Team member charges that are paid for by the team leader now display on the team leader’s statement.
  • Agent Statements are simplified and easier to read.

To view a sample agent statement, click here.

New Agent Commission Detail Reports
In addition, Long & Foster is now providing all its associates with an Agent Commission Detail Report for each closed transaction. This easy-to-read report offers a comprehensive breakdown of your individual commission payment, including how your total commission payment was calculated.

How will I receive an Agent Commission Detail Report?
Reports are sent via email with each commission payment notification you receive. To view a sample report, click here.

If you have any questions, please contact your manager.