Realtor Advances

Advances on real estate commissions give REALTORS® control over when they receive the payments they have earned. After all parties complete the Agreement of Purchase and Sale, it can be still weeks or months before the transaction is finally closed. This may be due to constraints on the buyers or the sellers. For example, buyers may not be able to close on their purchases until they are able to sell their own properties. Similarly, sellers may not be able to move until their new homes become available.

Receive Commissions Early with REALTOR® Advances

While a REALTOR® takes the needs of his clients into account when scheduling closings, this decision can impact how long the agent must wait until he receives his commissions. This can force REALTORS® to go weeks or months without receiving sizeable paychecks. One option that is available to REALTORS® to cover their expenses between paychecks is to take out a loan or a line of credit such as a home equity line of credit, also known as a HELOC. As an alternative to taking out a loan, which may include high interest rates and closing costs, REALTORS® can take out advances on the commissions they have earned. These advances are repaid after closing or according to a pre-determined schedule should the closing not occur.

Access Easy Funds offers REALTORS® a simple application process to receive advances on their real estate commissions, with approval possible in as little as 24 hours. The company charges customers a fixed daily rate based on the amount of the advance and the length of time until it is repaid. For more information, please call 1-888-FUNDS10 (1-888-386-3710).