*subject to eligibility requirements – actual pricing determined by agent production *agent pricing listed above – broker/owner pricing may vary
Concord provides you with the most cash with the lowest fees. Advance fees can be unnecessarily complicated and misleading, but with Concord, you will know the full cost of the transaction up front.
With our merit based pricing, eligible agents receive our low fee guarantee* that we will beat any competitor's advance quote
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0 - 30 days5%
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31 - 45 days8%
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46 - 60 days9%
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61 - 75 days11%
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76 - 90 days12%
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91 - 120 days16%
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120+ days
The advantages of choosing Concord are highlighted below, assuming a $10,000 advance for 30 days:
- Commission Advanced
$10,000other companies$10,000 - Less: Discount Fee$(500) $(900)
- Holdback$0 $(500)
- Processing Fee$0 $(99)
- UCC Fee$0 $(29)
- Underwriting Fee$0$(49)
- Funding Fee$0 $(35)
- Cash Received Upon Advance$9,500 $8,388
- Effective Rate5% 16%
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by choosing Concord, you receive an additional $1,112!
Concord Commission Advance will discount the commission based upon the number of days to projected closing. The fee (discount) is generally 5% to 12% on 15 to 90 day closings
Example:
- Your commission advance is $10,000
- Projected settlement is 30 days
- Your fee (Discount) would be 5% or $500
- Your advance would be $9,500
- At closing, the closing agent pays us $10,000
In addition to our low rates we also provide a free 15-day grace period from the closing date, to account for any closing delays
No Hidden Fees like Our Competitors!
- No Holdbacks
- No Application Fees
- No UCC Fees
- No Funding Fees
- No Admin Fees
- No Exit Fees
Want an advance estimate on your sale? Contact Us!
Even with Concord’s low fee guarantee - fees seem high? Your advance is tax deductible!*
Your advance fee is a business expense and may be tax deductible. Deducting your fee can reduce the after-tax cost of our already industry low advance fee by 20-40%!
*Please contact your tax professional
Or give us a call at: (888) 923-8262 team@concordadvance.com 917-246-5017