A Letter: Realtor Payment is a document sent from a real estate agent to a client in order to request payment for services rendered. It typically outlines the fees and services that the real estate agent has provided, the amount due, and the payment terms. There are several types of Letter: Realtor Payment, including an initial payment letter, a receipt letter, and a final payment letter. An initial payment letter is sent to a client when they first engage the services of a real estate agent, outlining the services to be provided and the amount due. A receipt letter is sent when the real estate agent has received payment from the client, and is typically a formal thank you note. A final payment letter is sent when the real estate agent has completed their services, and is used to request full or final payment from the client.