Keep your cash flowing!
Q: What is a commission advance?
A: A commission advance is a financial service whereby you and your broker sell a portion of a pending commission for a fee. In exchange, funds are advanced to you before closing. It’s not a loan. It’s simply access to the commission you’ve earned without the wait!
Q: What type of real estate deals do you advance commissions on?
A: We advance on residential resales and leases; commercial sales and lease; industrial sales and leases as well as new home and new/pre-construction condo sales.
Q: At what stage can I advance my commission?
A: Any time after your deal goes firm right up to the day prior to closing?
Q: Where is your service available?
A: We advance all across the United States. For advances in Canada, please click here
Q: How quickly can my advance get processed?
A: Extremely fast*: Our commitment is to send you an advance contract within one hour of receiving your complete application package. Provided we receive our advance contract duly signed by 4:30pm EST Monday to Thursday, you will receive funding directly in your bank account overnight or the next morning depending on your banking institution.
On a Friday or any day preceding a banking holiday, provided we receive our advance contract duly signed by 1:00pm EST, you will receive funding directly in your bank account prior to midnight that night. Contracts received by 4:00pm EST will receive funding directly in your bank account the on the Monday morning or the next business morning.
*some delays may occur if your account is not with one of the top tier financing institutions.
Q: Will my information be treated with the utmost confidentiality?
A: Our Premier Commission representatives will treat your information with absolute discretion, confidentiality and privacy.
Q: Is there a minimum size commission that you advance?
A: No. No dollar value or time period to closing is too small for us. We do not charge a minimum fee.
Q: Is there a maximum size commission that you advance?
Q: Are there any reserve holdbacks?
Q: Are there any administration fees?
Q: Are there any application fees?
Q: Are there any wire fees?
Q: How much does a Commission Advance cost?
A: We offer low rates with no hidden fees. To view our rates please click here
Q: Do you advance brokers of record?
Q: Do you advance on commercial/industrial deals?
Q: Do you advance on New/Pre-Construction deals?
Q: Can I advance more than one deal at a time?
A: Yes*. That’s no problem. We have no maximums on the number of advances outstanding at any time.
Q: Can I repay an advance before closing?
A: Yes – all our advances can be paid back early without penalty!
Q: How much of my commission can I Advance?
A: Up to 90% on residential resale deals.
Up to 80% on all other deals.
Q: How quickly can I get my advance processed?
A: You can have funds deposited into your account the same day provided that we receive all the required paperwork within sufficient time to process*
Q: Are your advances restricted to a closing within 90 days?
A: Unlike other advance companies, we have no restriction on the timing to closing. We will consider all deals, even if there is a long closing*
Q: Do you require a minimum size deposit?
A: Unlike other advance companies we do not require a minimum size deposit. We understand that each deal is unique, and we will consider each and every deal accordingly.
Q: What is the lowest rate guarantee policy?
A: We will match any rate that is presented. Such rate must be included in a written quote provided by a commission advance company.
*Subject to Qualification and Banking Processes
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