The Essentials
What is a commission advance?
A real estate professional may earn a commission when a transaction firms, but the brokerage normally pays that commission after closing. A commission advance provides earlier access to an approved portion of that expected commission. At closing, the brokerage settles the amount according to the signed agreement.
It is a business cash-flow arrangement tied to an earned commission. Website registration or document submission does not mean automatic approval and does not guarantee a particular advance amount or funding date.
