Real estate professionals experience similar business challenges, whether they work in Seattle, Austin, or Poplar Bluff. The dynamics of the business drive both cash inflows (from a cascade of sales) and cash outflows (for a variety of ongoing and predictable expenses). Yet, even with the regularity of the Realtor cash flow, there are still a number of common reasons why their cash flow takes a dip - and why Realtors should prepare for these common eventualities:
1) Split Anniversary - The most common agent to broker arrangement is splitting a commission up to an annual cap. When a … (1 comments)
cash flow: Understanding and Avoiding Bank Deposit Holds
- 08/26/13 09:40 AM
Understanding and Avoiding Bank Deposit Holds Making a deposit in your bank or credit union account often is only the first step in having access to your funds. Sometimes it may appear that your bank is playing keep-away with your money when they place holds on your deposits. In fact, there are strict regulations regarding how long financial institutions can place a hold on your funds. There is a law, the Expedited Funds Availability Act, through what is known as Regulation CC, which governs the length of time a bank may place a hold on funds deposited in a variety of … (3 comments)
Top 5 Reasons for Cash OutFlow
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