Real estate business cash flow is a daily concern for realtors and real estate businesses. Due to the nature of the real estate business, real estate business cash flow doesn’t work in the same way as cash flow for other businesses. Cash flow may become slower during certain periods, which can make everything from paying bills to covering daily expenses frustrating and difficult.
Commission Advances: Improve Real Estate Cash Flow Now
Thankfully, there is a way to ensure that you don’t have to wait for your commission advances to pay bills or other necessities or, if you run a business, pay your employees. EComission financial services are financial services that focus on electronic safe and secure commission advances. These safe and secure commission advances are designed to allow you or your employees access to upcoming commissions before they actually close. If you are still concerned whether or not eCommission financial services are right for you, consider the following reasons why commission advances are beneficial.
Benefit #1: They are faster and less expensive than previous options
Before the widespread development of commission advances, realtors and real estate businesses that needed cash flow immediately had to turn to options such as getting traditional loans. Securing traditional loans takes longer and is ultimately more expensive than modern commission cash advances, which is why such advances are beneficial to anyone working in the real estate industry.
Benefit #2: They are no-nonsense, straight-forward advances
With a commission advance, you won’t need to concern yourself with confusing terms and potential loopholes that loan companies might use to get more money out of you. Advances are drawn up with very clear terms, a distinct pay-back date with a pre-determined forgiveness period, and they are much easier to deal with than an ordinary loan.
Benefit #3: You can get more than one at a time
You don’t need to pick and choose when it comes to these types of commission advances. you can actually request more than one commission advance at a time, which is especially useful if you are running a real estate business. Most companies who deal in commission advances will still have a monetary limit on how much you can take out at one time, which needs to be taken into consideration when you apply.