Why Commission Advance?

What is a
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.

For Agents

Should I apply for a Commission Advance?

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

There are significant benefits to receiving an advance of your commission:

  • 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

Common Business Expenses
Addressed With Advances

  • Employees

    Paid assistant
    Business Staff

  • Overhead

    Office space
    Health Insurance

  • Continuing
    Education

    Certifications
    Specialties

  • Transportation

    Car Lease
    Gas
    Maintenance

  • Technology

    Website
    Cellphone
    Computer

  • Industry Dues

    Association Fees
    MLS Fees

  • Advertising

    Business Cards, Flyers
    Thank You Gifts

  • Marketing

    Listings
    Advertising

For Brokers

Concord Commission Advance focuses on building strong partnerships with brokers and agency owners across the country.

Benefits of Brokerage Partnership

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:

  • Productivity Increases

    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 thei next listing.

  • Volume Discounts

    Concord Commission Advance works with all partner brokers on volume based discounts on advances to agents.

  • Office Sales Contests Promote Your Agents' Listings

    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.

  • Allow Us to Be the Bank to Your Agents

    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.

  • Recruit Top Agents with a Value-Add Service

    Differentiate from other brokerages and recruit top talent by offering your prized agents commission payments upon contract signing for their first year of employment.

  • Business and Advance Efficiency

    Our operations with our broker partners are extremely efficient, with approval and funding often turned around in 24 hours or less.

Process for Brokerage Partnering

  • Meeting

    We meet with you to understand the needs of your real estate agency

  • Pre-Approval

    Your agency is taken
    through a super simple
    and one-off partnership
    application process

  • Partnership

    We welcome your agency
    onboard as a long- term
    and pre-approved partner

  • Cash Flow Support

    Your agency benefits from a
    friendly cash flow
    solution partner, with
    volume discounts and top
    of the line service

  • Grow

    You're in the best position
    to attract the best talent
    and make the most of
    the new growth opportunities

Get Paid Now

Or give us a call at: (888) 923-8262   team@concordadvance.com   917-246-5017

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