{"id":7529,"date":"2022-12-28T09:31:24","date_gmt":"2022-12-28T17:31:24","guid":{"rendered":"https:\/\/www.expresscashflow.com\/?p=7529"},"modified":"2023-01-01T15:41:00","modified_gmt":"2023-01-01T23:41:00","slug":"commission-advances-in-texas","status":"publish","type":"post","link":"https:\/\/www.expresscashflow.com\/commission-advances-in-texas\/","title":{"rendered":"Commission Advances in Texas"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"7529\" class=\"elementor elementor-7529\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-0fb846f elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"0fb846f\" 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-8b60c48\" data-id=\"8b60c48\" 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-042b524 elementor-widget elementor-widget-text-editor\" data-id=\"042b524\" 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>Express Cash Flow offers the best commission advances in Texas. \u00a0\u00a0Agent and broker real estate commission 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 of $5,000 closing within 30 days costs $400.\u00a0 Higher advance amounts and closings up to 60 days will cost more depending on the situation. \u00a0\u00a0On larger advances it\u2019s best to tranche the commission advances in stages especially if you don\u2019t need all the money upfront.\u00a0 Spacing out your real estate commission advances allows for a overall lower rate and lowers the risk in case the transaction falls though.<\/p><p>The advance rate is calculated using your net commission after your broker split, transaction fees, transaction coordinator fee, insurance, and other broker fees.\u00a0 Express Cash Flows\u2019 advance rate is 75% of your net commission.<\/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-378b05a elementor-widget elementor-widget-heading\" data-id=\"378b05a\" 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\">Commission Advances fees are not interest<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1059c99 elementor-widget elementor-widget-text-editor\" data-id=\"1059c99\" 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>Express Cash Flow Real estate agent commission advances are different from a loan.\u00a0 A loan carries interest when you borrow money, and you must qualify via a credit check and income verification. \u00a0There could be extension fees if the closing extends past the original closing date plus a grace period (10 days).\u00a0\u00a0 Extension fees vary depending on how long past the original closing date.<\/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-a2bfe0f elementor-widget elementor-widget-heading\" data-id=\"a2bfe0f\" 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\">Commission Advances in Texas Pricing:<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5caec38 elementor-widget elementor-widget-text-editor\" data-id=\"5caec38\" 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<ul><li>Commission Advances in Texas between $2,500 to $5,000 the fee is $400, closing within 30 days<\/li><li>Advances over $5,000 the fee is 10%, if the advance amount closing in 30 days<\/li><li>\u00a0<\/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-019629c elementor-widget elementor-widget-heading\" data-id=\"019629c\" 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 Commission Advances in Texas: <\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e4f5f63 elementor-widget elementor-widget-text-editor\" data-id=\"e4f5f63\" 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 in Texas 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-44c0610 elementor-widget elementor-widget-heading\" data-id=\"44c0610\" 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\">Commission Advances in Texas 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-3d4a3eb elementor-widget elementor-widget-text-editor\" data-id=\"3d4a3eb\" 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 in Texas.\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 in Texas can have multiple commission advances 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-7745524 elementor-widget elementor-widget-heading\" data-id=\"7745524\" 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\">Commission Advances in Texas 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-18cd647 elementor-widget elementor-widget-text-editor\" data-id=\"18cd647\" 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>Commission advances are a good idea if you don\u2019t have any other alternative.\u00a0 Commission advances are similar to other cash advance products and quick business loans.\u00a0 Once you have a quote from Express Cash Flow you can determine to proceed with the commission advance and if it makes sense for your situation.\u00a0<\/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-85b73f3 elementor-widget elementor-widget-heading\" data-id=\"85b73f3\" 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\">Are Commission Advances in Texas a Good Idea?<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-30d71a2 elementor-widget elementor-widget-text-editor\" data-id=\"30d71a2\" 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>Commission advances are a good idea if you don\u2019t have any other alternative.\u00a0 Commission advances are similar to other cash advance products and quick business loans.\u00a0 Once you have a quote from Express Cash Flow you can determine to proceed with the commission advance and if it makes sense for your situation.\u00a0<\/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-87a0c52 elementor-widget elementor-widget-heading\" data-id=\"87a0c52\" 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\">How do Commission Advances Work in Texas?<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e3795b4 elementor-widget elementor-widget-text-editor\" data-id=\"e3795b4\" 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>A commission advance is a financial service whereby you sell a portion of a pending commission for a fee. In exchange, funds are advanced to you before closing. It\u2019s not a loan. It\u2019s simply access to the commission you\u2019ve earned without the wait!<\/p><p>Every transaction is different so why have a \u201cone size fits all\u201d pricing model?<\/p><p>We use a risk-based pricing plan to review each commission advance request. Our pricing is more competitive because we evaluate all of the following and more:<\/p><ul><li><strong>Your production history<\/strong><\/li><li><strong>Details of the transaction<\/strong><\/li><li><strong>Expected closing date<\/strong><\/li><li><strong>Verification &amp; review of all publicly available information<\/strong><\/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-afd80eb elementor-widget elementor-widget-heading\" data-id=\"afd80eb\" 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\">How quickly can my advance get processed?  <\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ae78739 elementor-widget elementor-widget-text-editor\" data-id=\"ae78739\" 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>Very fast!!\u00a0 Once you complete the application and provide us with the documentation our underwriting is very fast.\u00a0 We research you as an agent, review the property, confirm with escrow then wire your funds immediately into your account.\u00a0 You can use the funds the same day.\u00a0If it\u2019s a new escrow the earnest money deposit (EMD) does need to be confirmed by escrow before we fund the commission advance.<\/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-53a46ed elementor-widget elementor-widget-heading\" data-id=\"53a46ed\" 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\">Will my Texas commission advance be confidential?  Your transaction will be kept confidential between <\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b5fd031 elementor-widget elementor-widget-text-editor\" data-id=\"b5fd031\" 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>your broker and escrow agent. The buyer and seller will not see the transaction, and we never sell our customers\u2019 information.<\/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-09d9be1 elementor-widget elementor-widget-heading\" data-id=\"09d9be1\" 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\">Texas Real Estate Licensing Info  <\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a23e6e5 elementor-widget elementor-widget-text-editor\" data-id=\"a23e6e5\" 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>For more information about real estate agent and broker license information visit <a href=\"https:\/\/www.trec.texas.gov\"><strong>https:\/\/www.trec.texas.gov<\/strong><\/a><strong> and <\/strong><a href=\"https:\/\/www.trec.texas.gov\/licensing-forms\"><strong>https:\/\/www.trec.texas.gov\/licensing-forms<\/strong><\/a><strong>.<\/strong><\/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-15b1ce7 elementor-widget elementor-widget-heading\" data-id=\"15b1ce7\" 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\">Top counties for commission advances in Texas<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-cd79ce5 elementor-widget elementor-widget-text-editor\" data-id=\"cd79ce5\" 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>Houston, San Antonio, Dallas, Austin, Fort Worth, El Paso, Arlington, Corpus Christi, Plano, Lubbock, Laredo, Irving, Garland, Amarillo and Grand Prairie.<\/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-b65b4ed elementor-widget elementor-widget-text-editor\" data-id=\"b65b4ed\" 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>Express Cash Flow offers the best commission advances in Texas. &nbsp;&nbsp;Agent and broker real estate commission advances can be used for business purposes such as expanding your marketing budget, promotional materials, car expenses, staging and other related real estate activity. A commission advance is a cash advance solution that offers an immediate payment via wire [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":7530,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[827],"yst_prominent_words":[453,218,116,120,197,117,115,123],"_links":{"self":[{"href":"https:\/\/www.expresscashflow.com\/wp-json\/wp\/v2\/posts\/7529"}],"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=7529"}],"version-history":[{"count":5,"href":"https:\/\/www.expresscashflow.com\/wp-json\/wp\/v2\/posts\/7529\/revisions"}],"predecessor-version":[{"id":7593,"href":"https:\/\/www.expresscashflow.com\/wp-json\/wp\/v2\/posts\/7529\/revisions\/7593"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.expresscashflow.com\/wp-json\/wp\/v2\/media\/7530"}],"wp:attachment":[{"href":"https:\/\/www.expresscashflow.com\/wp-json\/wp\/v2\/media?parent=7529"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.expresscashflow.com\/wp-json\/wp\/v2\/categories?post=7529"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.expresscashflow.com\/wp-json\/wp\/v2\/tags?post=7529"},{"taxonomy":"yst_prominent_words","embeddable":true,"href":"https:\/\/www.expresscashflow.com\/wp-json\/wp\/v2\/yst_prominent_words?post=7529"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}