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frequently asked Questions

WHAT IS A REAL ESTATE COMMISSION ADVANCE?

A real estate commission advance allows realtors in Canada to access their pending commissions before the deal closes.

IS A REAL ESTATE ADVANCE A LOAN?

No. We purchase a portion of your pending commission for a fee. Once we purchase it (at a discount), we own the asset, and we wait until closing to get paid.

WHAT'S THE COST OF YOUR REAL ESTATE COMMISSION ADVANCE SERVICE?

Our fee is transparent: for every $1000 advanced, we charge a daily rate of $0.75 cents. So, if you opt for a real estate commission advance of $10,000, the daily cost is only $7.50.

ARE THERE ANY HIDDEN COSTS IN YOUR COMMISSION ADVANCE SOLUTION FOR AGENTS?

Absolutely not. We stand by our commitment to transparency for all Canadian real estate agents.

HOW FAST CAN REALTORS RECEIVE THEIR COMMISSION ADVANCE?

Once approved, real estate professionals can expect their commission advance to be transferred within a single business day.

HOW IS THE COMMISSION ADVANCE REPAID?

Upon the property sale’s closure and commission release, the advance’s due amount is paid to us directly from your brokerage.

WHY SHOULD I CHOOSE YOUR COMMISSION ADVANCE SERVICE?

Our mission is to empower realtors in Canada to become more productive agents. With competitive rates, unparalleled customer service and our educational and marketing services, we aim to be the best financial partner for every realtor in Canada.

WHAT IF THE PROPERTY SALE GETS DELAYED OR DOESN’T GO THROUGH?

Real estate can be unpredictable. If a sale doesn’t conclude as expected, reach out promptly. Our team will collaborate with you on a solution that caters to your unique circumstances.

DOES YOUR REALTOR COMMISSION ADVANCE SERVICE COVER ALL OF CANADA?

We provide commission advances to real estate agents across Canada, except in Quebec.

DOES MY PERSONAL CREDIT MATTER?

No. Since you aren’t taking out a loan, your personal credit is not a factor. Approval is almost guaranteed.

HOW DO I APPLY?

Click on “Register Now” below. Fill in the details, and our team, specialized in commission advances for realtors, will assist you promptly.

CAN THE COMMISSION ADVANCE BE SETTLED BEFORE THE ANTICIPATED CLOSING DATE?

Certainly. Real estate agents can resolve their advanced amount any time, free of prepayment penalties.

WHAT DOCUMENTS SHOULD REAL ESTATE AGENTS SUBMIT DURING APPLICATION?

Primarily, the contract of purchase and sale, deal sheet and waiver of subjects addendum. Occasionally, we might ask for supplementary documents to streamline the commission advance process.

MORE QUESTIONS ABOUT OUR COMMISSION ADVANCE SOLUTIONS FOR REALTORS?

For any further inquiries on our services, please connect with our specialized support team.

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