FAQ on Real Estate Agent Commission Advances and Real Estate Broker Commission Advances

FAQ on Real Estate Agent Commission Advances and Real Estate Broker Commission Advances.

Question: Can you provide funding to real estate agents and brokers anywhere in the United States?

Answer: We fund in all states except Ohio.

Question: Do you work with any organizations or associations in real estate?

Answer: We work with settlement agents and mortgage brokers on a case-by-case basis for funding. We also have affiliate and partnership opportunities for organizations who work with real estate agents and brokers. Please contact us directly at aredcloud@acceladvance.com or give us a call at 267-769-0747 for more info.

Question: Do you do credit checks?

Answer: We do not conduct credit checks on applicants.

Question: Do you provide real estate commission advance funding to realtors with fees from rentals?

Answer: We consider these on a case-by-case basis. Please contact us directly at aredcloud@acceladvance.com or give us a call at 267-769-0747 for more info.

Question: Can you provide real estate commission advance funding to real estate brokers?

Answer: Yes, we do fund brokers of record.

Question: Are you able to provide commercial real estate commission advance funding to realtors?

Answer: Yes, we provide advances on commercial real estate transactions.

Question: Can you provide funding to realtors with land deals?

Answer: No, we do not fund transactions for land.

Question: Are you a broker or direct funder?

Answer: We are not a broker. We work directly with our clients to fund.

Question: Is there a minimum size commission that you advance real estate agents or brokers?

Answer: There is no minimum size commission, but the minimum fee is $250.

Question: Is there a maximum size commission that you advance?

Answer: Yes. The maximum amount is $30,000.

Question: Are there any reserve holdbacks?

Answer: Yes, there is a 10% reserve holdback on every advance.

Question: Are there any administration fees?

Answer: There is a $30 wire fee for any outgoing wires. Agents can opt to receive funds via eCheck for no charge.

Question: Are there any application fees?

Answer: No

Question: Do you advance brokers of record?

Answer: Yes, on a case-by-case basis.

Question: Can I advance more than one deal at a time?

Answer: Yes

Question: How much of my Commission can I Advance?

Answer: Up to 80% of net commission due to agent.

Question: How quickly can I get my advance processed?

Answer: Advances are processed in 48 hours or less – the majority of advances fund the same day.

Question: Are your advances restricted to a closing within 90 days?

Answer: Within 120 days.

Question: Do you require a minimum size deposit?

Answer: No.

If you are a real estate agent or broker interested in learning more information about our advances, Balanced Bridge Funding now has a subsidiary, Accel Real Estate Commission Advance, that can help.

Feel free to contact Amy aredcloud@acceladvance.com or call us at 267-769-0747. If you are interested in funding today, complete our application.