A commission advance is a debt-free form of cash flow financing (sometimes called real estate commission factoring) that enables you to speed up cash flow without impacting the timeline for buyers or sellers.
Realtors with a property under sale agreement may be eligible to receive a commission advance of up to 93% of the amount of commission earned long before closing occurs by factoring the real estate commission they have earned with us. Instead of waiting on payments from a broker or title company, you can reinvest in your real estate agency and grow more quickly.
The process is simple: Apply for a real estate commission advance, and, once approved, receive funding within a few days. Use the commission advance to:
- fund payroll
- pay vendors on time – or early for quick-pay discounts
- marketing and advertising
- repairs, remodeling or expansion
- other real estate business reinvestments