Commission advances provide you an opportunity to maintain steady cash flow and continue to invest in your business in the weeks or months before your client closes on a property. However, sometimes you might want an advance even before you get an offer in order to help with marketing and promotion expenses. In such situations, a listing advance can help. One active listing can get you up to $6,000 If you have an active listing, you could be eligible for an advance of up to a maximum of $6,000. That …
You need thick skin and a tough mind to make it as a real estate agent. The first few years can be a mighty test of your will. You have to constantly hustle to build a network and a reputation that is large enough to provide you a steady stream of clients. Dry spells are unavoidable, particularly as sales slow down in the winter months. During that time, however, you want to keep the momentum going by continuing to invest in your business. Here are a number of ways that …
The purpose of commission advances is not simply to help you pay your bills while you wait to receive payment. The idea is to keep a steady cash flow so that you can continue to invest in your business and build your career as a real estate agent. Putting your advance to good use can be a critical step to get ahead. Here are a number of ways that a commission advance can help you out: It can help educate you If you find yourself with free time this summer, …
While commission advances are often thought of as a means to cover the essentials while you wait to get paid, another crucial part of the equation is being able to continue investing in your business, particularly as you get started. Here are some of the smart investments that will help fuel your continuing success as a real estate agent. Staging equipment If you’ve already cut some deals without staging materials, good for you! But sooner or later you’re going to want to be able to stage an open house. Doing …
eCommission is known for its fast, responsive application process that allows real estate agents to receive advance payment of their commissions in under one hour. As we explained in an earlier post, we designed the process to be as simple and straightforward as possible. But mistakes and confusion can still happen occasionally causing delays in receiving your funds. To make sure your experience using eCommission goes as smoothly as possible, we thought it’d be best to describe the six most common things to avoid during the application process: Not autosaving …
Regardless of whether you are a veteran real estate agent or a rookie, chances are you know the unique challenge agents face when it comes to managing cash flow. Closings and commission checks never happen on a predictable schedule whereas business expenses are never-ending. To help you bridge the funding gap, eCommission makes it safe and easy to obtain commission advances in order to help you through the lean times and continue investing in your business. This video explains how easy it is to work with us and keep your …
There is a lot of confusion surrounding commission advances among real estate professionals. What are they? Who gets them and why? What’s the catch, if any, involved? This lack of familiarity has at times lead some agents to make assumptions that simply are not borne out by the facts. We call these assumptions ‘myths,’ not because the concerns are without merit. Just that the explanations provided by some have been so far off the mark that we wonder how they arrived at those conclusions. So what better way to explain …
This is the final part of our series on the hidden cost of credit card cash advances. When real estate professionals find themselves in a cash flow shortfall due to a delayed or canceled home closing, credit card cash advances are one of the most popular options for temporary financing needed to cover business necessities like marketing costs, office supplies or a car payment. While in the first installment we related a list of hidden fees that often penalize unsuspecting real estate professionals, in this post we address the financial …