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If you are a Real Estate Agent or Broker with a pending sales contract ready to close within the next 120-days and you wish to access cash now to provide for expenses that cannot wait, such as advertising, listing fees, office space, staging and marketing of other properties and tax payments, Commission Assist will immediately purchase your commission receivables at a reasonable discount so that you can continue to grow your business and meet your important obligations. You can apply to us risk free and if you qualify, you will be eligible to receive an advance on future commissions for:

• Single Family Residential Homes
• Commercial Properties
• Condominium Sales
• Development Land Sales
• Industrial Sales
• New Construction
• Short Sales
• Multi-unit Dwelling Sales

To offer you the most competitive rates in the market, Commission Assist typically provides advances up to 90% of your pending net commission on transactions for which a contract of sale has been executed, an earnest money deposit has been given and certain other contingencies, such as mortgage commitment, have been satisfied.

It can take as much as one year or longer between the time that a commercial lease transaction is executed and payment is due by the landlord. Typically, commission agreements required partial payments paid over a certain period of time. Commission Assist has introduced an exclusive and innovative receivables factoring program for experienced leasing agents who want access to their commissions instead of waiting months for the payments to be made. Commission Assist can help you receive up to 90% of the net commissions payable on a commercial lease transaction which has been executed or is in the process of being executed by the Landlord and Tenant.

Typically, our Commercial Lease Commission Advances are made on a portfolio of pending lease transactions, with flexible terms that take into account your particular funding needs and the dynamics of the underlying transactions. Once we qualify you for a Commercial Lease Commission Advance, we will only require an acknowledgement from your Brokerage firm that verifies the net commissions payable to you and a pledge to turn over net commission proceeds payable to you when the landlord pays the commission until our advance is satisfied. The transaction is with No-Recourse to the broker. The broker is not responsible in any way if any portion of the commission is not paid by the landlord, or if the payment of the commission is reduced or changed in any other way in the ordinary course of business.

Commission Assist can partner with your brokerage company to assist them with the financial tools needed to grow their business, manage cash flow for their company or on behalf of their agents. Commission Assist will customize a Commission Advance program to help your agents stay focused and productive, and most of all, to keep talented and upcoming agents with your firm, or to attract talented agents to your company. Our receivable factoring solutions can also help your firm manage cash flow without the need for messy loan applications, restrictive bank terms, credit denials and personal guarantees. By monetizing a portion of your receivables on pending sales and lease transactions, you can now:

• Hire More Agents By Financing “Sign On Bonuses”
• Invest In Marketing Expenses
• Finance the Staging Of Properties For Quicker Sale Times
• Pay For Outstanding Business Expenses On Time