Commission processing at myAbode runs in parallel with deal processing from the moment a transaction closes — ensuring every financial obligation is met correctly and on time.
Every deal that closes through myAbode is calculated by our team — broker splits, agent splits, referral fees, team payouts, and any additional disbursements specific to that transaction. Nothing is left to a spreadsheet or a manual formula.
myAbode manages your brokerage's trust accounts in full — deposit trust and commission trust. Every deposit is tracked, every disbursement is recorded, and every account is reconciled monthly. Your trust accounts are always in order and always audit-ready.
Agent payouts are processed via EFT twice weekly on a fixed schedule. myAbode works with all major Canadian banks, with RBC Express and TD Commercial as preferred partners. Agents are paid on schedule without the broker of record involved in the process.
Team deals, pre-construction transactions, and referral arrangements often require multiple payouts on a single deal. myAbode handles every additional disbursement as part of the deal accounting process — no manual tracking, no missed payments.
At year end, myAbode prepares and distributes T4As for every agent in your brokerage. This is included as part of the commission accounting service — not an add-on.
Every month, myAbode delivers a complete reconciliation of both trust accounts — commission trust and deposit trust — along with custom reporting on deal volume, commission disbursements, and financial activity. Your records are always current and always clean.
