Realtor Commission Advances

Commission advances can give REALTORS® more control over when they receive payment for the work they performed in arranging real estate transactions. Unlike typical employees who receive regular paychecks over the course of the year, the money that REALTORS® earn comes from commissions. These are be paid for representing the buyer or the seller in a real estate transaction. At the time the closing is conducted, buyers will provide the sellers with the agreed upon price. REALTORS® will receive a fraction of this payment, as in commission and only after closing.

Gain Flexibility with REALTOR® Commission Advances

While much is heard about the interest rates on the loans that homebuyers must take out to purchase properties, they may not be the only party interested in loans. While REALTORS® may work with buyers and sellers for months, they do not receive commissions until their closings are completed. To tide themselves over between commissions, REALTORS® may consider taking out commission advance. If a client has completed an Agreement of Purchase and Sale, the agent can show this to a commission advance company and receive an advance on the commission. As months can elapse between the time an agreement is completed and the closing, commission advances can provide REALTORS® with the funds they need to cover their own expenses during the interim.

Access Easy Funds provides REALTORS® with commission advances on real estate transactions in Canada. The company offers an application process that can be completed and approved in as little as one day, as well as competitive fixed daily rates. An Access Easy Funds representative can be reached at 1-888-FUNDS10 (1-888-386-3710).