How does commission advance work for real estate agents?

blog-author
Fara Abdollah-Foroghi.
Posted August 01, 2024
Blog
5 min read

The Reality of Selling Real Estate

Selling real estate can look glamorous on TV, but the reality is much tougher. With fluctuating income and high overhead costs, real estate agents often struggle with cash flow. That's where commission advances come in.


Introducing iCommission

Access Your Commissions Quickly

iCommission lets you access up to 90% of your commissions within hours, instead of waiting months for closing. This can be a game-changer for many real estate agents.


The Secret Weapon of Top Agents

Top agents have long used commission advances as a secret weapon to maintain cash flow and reinvest in their business. This tool has helped agents like Mike Donia, a top Re/Max agent, grow their revenue by 30% in the first year of using advances. By accessing funds immediately, agents can quickly reinvest in marketing and close more deals.


Applications for Commission Advances

Resale Commission

Especially during busy times, like the spring or fall market, when agents are writing many deals but not seeing commissions until summer, commission advances provide a crucial financial cushion. This way, you can continue to invest in your business without waiting months for payment.


Pre-Construction Commissions

For agents who specialize in pre-construction condos and homes, commissions often take 2 to 4 years to be paid. Pre-construction commission advances provide agents with an alternative cash flow solution that commercial banks are not able to offer.


Strategic Business Growth

In essence, commission advances are not just about immediate cash flow—they're about strategically growing your business. By integrating this financial tool, you can manage expenses, reinvest quickly, and maintain a steady growth trajectory in your real estate career.


Why Choose iCommission?

iCommission offers instant payouts, the lowest rates, and the best service in the industry. For more information and to get a free quote, contact [email protected] or visit iCommission official website here.


Conclusion

Boost your real estate business and maintain steady growth with iCommission. Access your commissions quickly and reinvest in your success. Don't wait months for your earnings—unlock your potential with iCommission today!


Disclaimer: The content above is a compilation from diverse reliable online sources, including blogs and news articles. The Dolphy content team does not ensure the factual accuracy of the information. The provided information may be outdated, and it should not be considered as advice or a recommendation. It is advisable to consult with a licensed real estate agent or broker for accurate advice and recommendations.

Dolphy is a leading pre construction platform for anyone looking to buy New Preconstruction townhomes, condos or Detached homes in Calgary.

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