Loans For Real Estate Agents

When a real estate agent does not have a steady stream of clients at different stages of the buying or selling process, he or she will not receive commissions on a regular basis. Instead, payments will be sporadic, creating an almost feast-or-famine situation when real estate commissions are the sole source of income. While real estate agents may direct their clients to financial institutions with which they have worked in the past to secure loans for the new properties they are purchasing, real estate agents can seek out slightly different avenues to cover their expenses between closings.

Short-Term Loans for Real Estate Agents

There is no need to take out a long-term loan or a HELOC when there are companies that specialize in short-term loans for realters. When agents need money between closings, they can apply for commission advances. Through these advance programs, real estate agents can take out short-term loans. Unlike loans that are used for purchasing property, these loans are intended to be repaid in no more than a couple of months. This means a quicker and simpler process.

At Access Easy Funds, real estate agents in Canada can receive advances of up to 90 percent of the amount they are expecting in commissions, whether that amount is from a single sale or multiple sales. Large groups of agents can work with the company to take advantage of special discount rates. Find out more by calling 1-888-FUNDS10 (1-888-386-3710).