The service of commission funding involves buying a share of a real estate agents commission that is yet to be received, for both residential and commercial properties, covering sales and rental commissions. It is important to note that this service is not a form of loan.

Complete a brief application on the homepage, which takes just 30 seconds. Follow the instructions and input your personal details and transaction information. We will send you two potential offers by email for your consideration. Select one and notify us via email. You will also need to upload a copy of your government-issued ID (front and back) and the real estate contract to your agent profile. Our application process is straightforward and user-friendly. Just follow the prompts on the form and in the email we send you.

No, our underwriting process is solely based on evaluating the transaction, and it has no impact on your credit score or credit history.

Typically, we buy a maximum of 80% of your share of the commission. Nevertheless, in the case of an OP rental, it is feasible for us to acquire the full 100%.

The commission purchase agreement is a contract between you (the agent) and Realty Advance (the company), where Realty Advance buys a share of your commission. You will receive the funding from Realty Advance upon signing the agreement. Once the property closes and your brokerage receives the real estate commissions, you will pay Realty Advance back through a wire transfer or Zelle (depending on the amount).

The expense of our service is based on four critical elements, which include the sum of funding you require, the level of risk associated with the transaction, the time left until closing, and your prior transaction history. For instance, if you require $10,550 and want to sell your pending commission, we might be able to purchase $10,000 worth of it for a closing scheduled in 60 days. The approximate cost, in this case, would be around $550.

Once the transaction has been closed, you will transfer the purchased commission to Realty Advance through a wire transfer.

We are aware that closing dates may be postponed. Therefore, we offer a 14-day grace period automatically, beyond the estimated closing date, at no extra charge to you.

We recognize that certain circumstances may be beyond your control. If your real estate transaction fails to go through, you may replace it using other pending or future earned commissions.

Yes, we can combine several transactions into a single purchase or make multiple purchases. However, it is important to note that this is determined by various factors.

No, your broker is not involved in this transaction. We do not require your broker's signature or involvement.