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Commission Express – the ONLY franchised real estate commission advance company in the country – is locally owned and operated. Personal, confidential service and fast response are the backbones of our business.
Q: What do you call this service?
Q: Do other agents use this?
Q: What do I need?
Q: How does it work?
Q: Okay, when do I get my check?
Q: How much do I get?
Q: Any limits?
Q: What does this service cost?
Q: What if the settlement date slips?
Q: How do I get started?
Q: What do you call this service?
A: We call it convenient, you might call it indispensable. It's our take on the centuries-old practice of “factoring” -- selling accounts receivable at a discount in advance of the due date. You “sell” us your receivables – your commission – which we “buy” with no credit check or financial statement needed.
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Q: Do other agents use this?
A: Yes – lots of them. Nationwide, Commission Express has advanced over 60,000 commissions totaling more than $300 million dollars.
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Q: What do I need?
A: All you need is a ratified, non-contingent contract with preliminary loan approval. And a phone to call Commission Express.
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Q: How does it work?
A: This could be the best and easiest business transaction you'll ever complete.
Here's what happens:
1. The day you ratify your contract, we'll fax or email our simple, easy-to-understand application. You'll already have most of the documentation we need.
2. Just fill out the application and fax or mail it to us along with the documents.
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Q: Okay, when do I get my check?
A: Typically within 2 days after we receive the complete documentation – often the same day.
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Q: How much do I get?
A: Upon approval, we'll write you a check for up to 77% of your total commission – and
you'll receive another 15% (the "holdback") after settlement.
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Q: Any limits?
A: No way. We underwrite each transaction on its own merit and make our decision
on a transaction-by-transaction basis. So there are no set advance limits.
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Q: What does this service cost?
A: You pay nothing up front. Your cost is called a "discount" and
is paid from settlement. Commission Express discounts the commission from 8%
on 30-day settlements, 10% on 60-day settlements, and 14% on 90-day settlements.
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Q: What if the settlement date slips?
A: Our exclusive 30-day grace period on all transactions gives the agent or broker considerable peace of mind should the date slip.
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Q: How do I get started?
A: Make the sale then pick up the phone. Call Commission Express or fill out the online application. And unlock the power of cash flow.
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