HOW TO SET UP PAYLOAD ACCOUNT AS AN AGENT

HOW TO SET UP PAYLOAD ACCOUNT AS AN AGENT

Set up Account

In Loft47 you can get paid quickly via the Payload integration and you can set up your account as follows :

1. Please login and go to "MY PROFILE", "PAYLOAD SETTINGS" on the left hand menu.



2. Next go ahead and click the " + NEW " option at the top right of the page to add your new payload account



3. Fill out the required fields in the 'Add Payment Method' modal



4. Click Submit button  *Please note, it may take up to 48 hours to authorize your bank account.

Select Default 


An agent's payload settings page now displays which payment method is the default for both sending and receiving funds
Sending = account which brokerage collects AR from
Receiving = account which agents are paid to

Set an account to default by clicking the "edit" pencil 
Select checkbox to make an account the default for send or receive

Save your changes

Unverified status


If you see a status of "unverified" payment methods Payload support offers the following information. Unverified payment methods don't always prevent transactions; it depends why they are unverified.
  • 1) Incorrect account/routing numbers will cause non-verification - this will prevent transaction
  • 2) Banks that don't provide real-time verification will also cause non-verification - this won't prevent a transaction from being paid out

Check your account & routing number and be 100% sure they are correct. If the unverified status persists wait to get paid on a deal & monitor your bank account for the deposit.

Payload Turn around times

All payment processed after 4 PM PST (7 PM EST), will be considered a next day processing and the payment may take 2 business days

All payment processed before 4 PM PST (7 PM EST), will be considered same day processing and the payment will take 1 business day

If your agent is being paid out the first time, it can take up to 2 business days to process and pay.

Once paid out, you will receive an email from payload (alerts@payload.com) notifying you of their received funds.


If you have any questions please reach out to your brokerage administrator.

    • Related Articles

    • PAYLOAD - HOW TO SET UP A NEW BANK ACCOUNT IN LOFT 47

      Loft47 has embedded the payload.co payment gateway to offer direct payouts to agents for their commission on deals. Payload tracks your brokerages transaction payouts during the month, and Payload will bill your brokerage once a month so you may pay ...

    • Payload - Troubleshooting FAQ's

      There are a few common things that may occur when using Payload which require troubleshooting. Locked payment status - this may occur if there is a delay between clicking the Payout creation in Loft47, and the time it takes to send / generate that ...

    • Payload: Paying Mentor fees, Third Party payouts, and Agent Savings

      !!Important Please read before proceeding: Third party paying from Payload CAN NOT BE REVERSED, so please make sure everything is correct before you finalize a payment. There are different scenarios to consider so please click the on the scenario ...

    • Paying out and taking payments - Payload

      Pay your Agents Payload Turn around times All payment processed after 4 PM PST (7 PM EST), will be considered a next day processing and the payment may take 2 business days All payment processed before 4 PM PST (7 PM EST), will be considered same day ...

    • Setup a new QuickBooks Online Account

      Sign up for QuickBooks Online !!Your QuickBooks Online account must be Plus or Advanced subscription level for it to correctly integrate with Loft!! Go to the Intuit accounts page. Select the Create an account link. Enter your email address and phone ...