{"id":7397,"date":"2022-11-28T10:17:15","date_gmt":"2022-11-28T18:17:15","guid":{"rendered":"https:\/\/www.expresscashflow.com\/?p=7397"},"modified":"2024-01-05T20:29:39","modified_gmt":"2024-01-06T04:29:39","slug":"should-i-get-a-commission-advance","status":"publish","type":"post","link":"https:\/\/www.expresscashflow.com\/should-i-get-a-commission-advance\/","title":{"rendered":"Should I get a Commission Advance?"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"7397\" class=\"elementor elementor-7397\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-7c43f45 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"7c43f45\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"aux-parallax-section elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-e402b0e\" data-id=\"e402b0e\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-7f6a51c elementor-widget elementor-widget-text-editor\" data-id=\"7f6a51c\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>If you\u2019re asking yourself if you should get a commission advance and your bank account is low, then you probably need to get a commission advance.\u00a0 Advances can be used for business purposes such as expanding your marketing budget, promotional materials, car expenses, staging and other related real estate activity.<\/p><p>A commission advance is a cash advance solution that offers an immediate payment via wire before closing on your earned commission for a fee.\u00a0 For example, an advance for $5,000 closing within 30 days costs $400.\u00a0<\/p><p>Real estate agent commission advances are different from a loan.\u00a0 A loan carries interest when you borrow money, and you have to qualify via a credit check and income verification.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b00eae5 elementor-widget elementor-widget-heading\" data-id=\"b00eae5\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">What are the advantages of using Express Cash Flow for Real Estate Commission Advances: <\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-29e357c elementor-widget elementor-widget-text-editor\" data-id=\"29e357c\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Since 2015, Express Cash Flow has helped real estate agents and brokers balance their cash flow between closings.\u00a0 Express Cash Flow can pay you now on a pending transaction to help you grow your business.<\/p><ul><li>Low rates<\/li><li>Experienced and trusted partner<\/li><li>Advance up to 75% of your net commissions<\/li><li>No credit checks<\/li><li>Real-time processing<\/li><li>Personalized Experience<\/li><li>Multiple advances at one time<\/li><\/ul>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3439cb5 elementor-widget elementor-widget-heading\" data-id=\"3439cb5\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Real Estate Commission Advances for Agents and Brokers<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b49c875 elementor-widget elementor-widget-text-editor\" data-id=\"b49c875\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Both agents and brokers can get commission advances.\u00a0 Express Cash Flow provides responsible, short-term commission advances (less than 60 days) to help Realtors with a successful track record.<\/p><p>If the transaction falls through the agent or broker must notify Express Cash Flow and must replace it with another pending transaction or make payments until the balance is paid in full.\u00a0 \u00a0\u00a0<\/p><p>Agents or brokers can have multiple commission advances out at one time if they have multiple pending transactions. \u00a0<\/p><p><strong>This type of service can go by various names:\u00a0 <\/strong><\/p><ul><li>Realtor Commission Advances<\/li><li>Factoring<\/li><li>Real Estate Agent Advance<\/li><li>Real Estate Broker Advance<\/li><li>Commission Loans<\/li><\/ul>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-92242a2 elementor-widget elementor-widget-text-editor\" data-id=\"92242a2\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><strong style=\"font-family: var( --e-global-typography-text-font-family ), Sans-serif;\">Please visit <a href=\"https:\/\/www.expresscashflow.com\/commission-advance-application\/\">Application page<\/a><\/strong><strong style=\"font-family: var( --e-global-typography-text-font-family ), Sans-serif;\"> to get your commission before closing.<\/strong><\/p><div>\u00a0<\/div>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>If you\u2019re asking yourself if you should get a commission advance and your bank account is low, then you probably need to get a commission advance.  Advances can be used for business purposes such as expanding your marketing budget, promotional materials, car expenses, staging and other related real estate activity.<\/p>\n","protected":false},"author":1,"featured_media":7398,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[7,12,488],"yst_prominent_words":[133,453,218,121,116,120,197,146,423,128,117,115,127,123,419,467],"_links":{"self":[{"href":"https:\/\/www.expresscashflow.com\/wp-json\/wp\/v2\/posts\/7397"}],"collection":[{"href":"https:\/\/www.expresscashflow.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.expresscashflow.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.expresscashflow.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.expresscashflow.com\/wp-json\/wp\/v2\/comments?post=7397"}],"version-history":[{"count":4,"href":"https:\/\/www.expresscashflow.com\/wp-json\/wp\/v2\/posts\/7397\/revisions"}],"predecessor-version":[{"id":7594,"href":"https:\/\/www.expresscashflow.com\/wp-json\/wp\/v2\/posts\/7397\/revisions\/7594"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.expresscashflow.com\/wp-json\/wp\/v2\/media\/7398"}],"wp:attachment":[{"href":"https:\/\/www.expresscashflow.com\/wp-json\/wp\/v2\/media?parent=7397"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.expresscashflow.com\/wp-json\/wp\/v2\/categories?post=7397"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.expresscashflow.com\/wp-json\/wp\/v2\/tags?post=7397"},{"taxonomy":"yst_prominent_words","embeddable":true,"href":"https:\/\/www.expresscashflow.com\/wp-json\/wp\/v2\/yst_prominent_words?post=7397"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}