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 …
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 …