There’s no question budgeting your monthly finances can be a difficult task, especially when your commission income is never earned consistently throughout the year.
The numbers don't lie. The median commission income for Realtors® is $34,900 (NAR, 2012). This breaks down to around $2,900 per month, with most closings happening in the spring and summer. Here is a graph showing the annual commission earnings of a typical full-time agent:
Think about how much easier it would be to maintain a monthly budget if you knew exactly how much money you had each month. Would you plan your marketing better? Would you hire an assistant?
That's where eCommission comes in. Simply stated, eCommission provides advance payment of your real estate commissions whenever you need them. There’s no reason to wait 30, 60, 90 or even 120 days until a closing date to get paid. With eCommission, you can access your commissions now to ensure your business is always running smoothly.
Here's how it works:
Set up a free account at eCommission.com and give us a few details about your sale. An advance agreement is immediately generated and sent to you for electronic signing. Once completed, you’ll have funds wired to your bank account within one business day, and often the same day you apply. The average cost for an eCommission advance is around 8% of the amount requested, and the fees paid for our service can be a tax deductible business expense. If you advance a commission on a sale that unexpectedly falls through, you have the option to repay the advance or replace it using the proceeds of future closings.
Try eCommission today. We are endorsed by all national real estate brands and have helped thousands of real estate professionals maintain steady business cash flow since 1999.
Contact Us Today!
phone: 877.882.4368
email: agent@ecommission.com
website: www.eCommission.com
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