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’s no better feeling in real estate than when you make the sale. Except perhaps when you get the commission check! But first comes the wait for the commission check. Will it be 30 days, 45 days, 60 days? Every closing is different, and the wait-time can throw a wrench into the growth plans of your business. Will you have money for your next advertising campaign? Do you have enough cash on hand for the new tires on your ‘mobile office’? What about paying for an assistant to help you …

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 …

There’s no question that real estate professionals come to eCommission so that they can smooth out cash flow in between closings. Even Barbara Corcoran noted in a recent video that “agents use eCommission to control the timing of when they get paid” in order to get some predictability over what sometimes seems like a “roller coaster.” One question many agents have, however, is what are some of the ways they can use the advance to give their business a boost. We decided to ask agents about some of the ways …

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 …

First, let’s start with the basics. What is a commission advance? A commission advance is a service that allows a real estate professional to receive a portion of their commission from a sale before the closing date. A fee is charged in exchange for advancing funds. The amount of the fee depends on the size of the advance requested, and the length of time to closing. Receiving a commission is not a loan because no debt is created. The advance gets repaid automatically when the sale closes. eCommission created the …