Commission Advance?
A Commission Advance is a financial transaction where a real estate agent sells a portion of their pending commission at a discount, in exchange for immediate cash.
It is not a loan, but a service that allows agents to monetize a transaction without waiting until closing.
From the moment your real estate brokerage comes on board as a partner, you’ll enjoy tailor-made advice, cash-flow support, and value-add partnership. Some of the benefits:
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Agents who are able to cash in on a deal and move on to their next opportunity increase their productivity and have greater focus on selling their next listing.
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Concord Commission Advance works with all partner brokers on volume based discounts on advances to agents.
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Use Concord Commissions as an incentive to sell listings faster by offering to pay the fee for your selling agents. It's a great way to make your office’s listings stand out from the crowd, and an innovative way to motivate your agents to win both the listing and selling sides of the deal.
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Helps agents bridge the gaps between closings without jeopardizing their financial future. Don’t tie up capital reserves or tap into expensive lines of credit to offer commission advances to your agents.
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Differentiate from other brokerages and recruit top talent by offering your prized agents commission payments upon contract signing for their first year of employment.
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Our operations with our broker partners are extremely efficient, with approval and funding often turned around in 24 hours or less.
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MeetingWe meet with you to understand the needs of your real estate agency
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Pre-ApprovalYour agency is taken through a super simple and one-off partnership application process
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PartnershipWe welcome your agency onboard as a long-term and pre-approved partner
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Concord brokerage partnership
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GrowYou're in the best position to attract the best talent and make the most of the new growth opportunities
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Cash Flow SupportYour agency benefits from a friendly cash flow solution partner, with volume discounts and top of the line service
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GrowYou're in the best position to attract the best talent and make the most of the new growth opportunities
Why wait until closing to get paid your commission?
We purchase your commission at a reasonable discount, allowing you to convert your future receivables in to cash today. A commission advance is a cash flow service giving you early access to your commission so you can focus on building your business.
With Concord’s low price guarantee and the tax deductibility* of your commission advance this service is more affordable than most realize!
*please contact your tax professional for tax advice
- Get paid for your work when purchase contract is signed
- Invest and grow your business without having to wait until your sales close - marketing spend is an agent's greatest ROI
- Fund marketing and advertising efforts for other projects
- Project your income with more certainty - smooth the peaks and valleys of commission payments
- Make timely tax payments
- Commission Advance is your best short-term funding option: alternatives such as credit card advance or loans are more expensive and/or more time consuming – with Concord Commission Advance you can have your commission advanced at a low cost and within 24 hours!
- Alternatives such as credit card advance or loans are more expensive and/or more time consuming – with Concord Commission Advance you can have your commission advanced at a low cost, and within 24 hours!
- Reduce other business debts
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EmployeesPaid assistant
Business Staff -
OverheadOffice space
Health Insurance -
Continuing EducationCertifications
Specialties -
MarketingListings
Advertising -
Common Business Expenses Addressed With Advances
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AdvertisingBusiness Cards, Flyers
Thank You Gifts -
TransportationCar Lease
Gas
Maintenance -
TechnologyWebsite
Cellphone
Computer -
Industry DuesAssociation Fees
MLS Fees