Frequently Asked Questions

Commission Express has been the preferred commission advance company for successful REALTORS® since 1992. Each Franchise is locally owned and operated. Personal service and a fast response coupled with reliability are the hallmarks of our business.

  • Why Should I Convert My Commissions to Working Capital?
    You are in business as an Independent Contractor. Your earned but unpaid commissions are your "receivables." And like other businesses, you need to convert your receivables to cash to operate and promote your business today.
  • Why COMMISSION EXPRESS®?
    Our customers include some of the nation's leading agents and brokers who prefer our local reliable service, easy application process and quick response. Our free 30 day Grace Period provides you with peace of mind should there be a delay in the projected settlement.
  • What Can I Use The Advance For?
    Paying your office expenses, operating your business, promoting your business, attending seminars or paying estimated taxes on time. Simply stated, COMMISSION EXPRESS® allows you to better manage your business cash flow.
  • How Does It Work?
    After creating an account, you will be emailed a Username and Password that will enable you to log in and apply for a commission advance. Most of the documents we use are already in your file. We provide you with the others. You then submit the completed documents to us. Upon our review and approval, the advance will be provided to you. After settlement occurs, either the Settlement Agent or your Real Estate Company will pay COMMISSION EXPRESS® redeeming the receivable.
  • Do You Run Credit Checks?
    While we do run credit checks, we understand the credit challenges that Real Estate agents face.  Credit scores are only used to set a customer's initial credit line, which can range from $1,000 to $50,000.
  • When Will I Receive the Funds?
    Within two hours of our receipt of all completed documents (subject to banking hours).
  • What Does This Service Cost?
    COMMISSION EXPRESS® will discount the commission based upon the number of days to projected settlement. The fee (called a Discount) ranges from 6% to 16% on projected settlements up to 90 days in the future.

    Example:
    1. Your share of a commission is $5,000.
    2. Projected settlement is 30 days.
    3. Your fee (Discount) would be 8% or $400. (And it's tax-deductable!)
  • How Much is My Advance?
    Your Advance will be your share of the commission less the fee (Discount) and a 10% or 15% reserve (Holdback).

    Example:
    1. Your share of a commission is $5,000.
    2. Projected Settlement is 30 days.
    3. Your 8% Discount would be $400. (And it's tax-deductable!)
    4. Your 10% Holdback would be $500.
    5. Your 82% Advance would be $4,100.
  • How Much Will I Receive In Total?
    Assuming no Default occurs, you will receive your Advance immediately plus your Holdback when the receivable is redeemed.

    Example:
    1. Your share of a commission is $5,000.
    2. Projected Settlement is 30 days.
    3. Your Advance would be $4,100.
    4. Your Holdback would be $500.
    5. Your Total received would be $4,600.
  • What If Settlement is Delayed?
    COMMISSION EXPRESS® provides a free 30 day Grace Period on all transactions. However, redemption must occur by the end of the Grace Period or you will incur additional fees.
  • What If Settlement Does Not Occur?
    Agent or Broker must assign the proceeds from another commission to COMMISSION EXPRESS®.
  • What Do I Do Next?
    Create an Account to start the process and enjoy the benefits of predictable cash flow.