Are you a realtor? Have you ever heard of a commission express franchise? If not, then you are missing out on one of the best and most practical solutions for financing for realtors, California. In short, a commission express franchise deals with offering express commission advances to realtors who need the money from their upcoming commission quickly rather than in several months. As anyone who has worked as a realtor can tell you, it can be difficult paying monthly and other regular bills when your commissions are staggered; this is especially true in areas where the seasonal realtor markets are more pronounced than others. That is where a commission express franchise comes in; but if you’re still not convinced, take a look at the following surprising tips for financing for realtors, California.
Tip #1: Take advantage of advance commissions
Advance commission from a commission express franchise may seem like a daunting idea at first; after all, you will have to ensure that you can pay back the advance after your commission comes through. But advance commissions are essential if you rely on your realtor job for your normal income, since you will need to use that income to pay your bills and for essentials such as food, clothing, and medical expenses. Due to the fluctuating nature of realtor income, it may not always be possible to have a steady stream of income coming in every month; advance commissions allow you to get your commission money when you need it rather than waiting several months when you need the money right away.
Tip #2: Always stick to your plan for paying back advances
The easiest way to ensure that you pay back your advances is to manage your income properly so that you will not need your commission when it comes back; this will ensure that you can use your commission, once it comes through, to pay back the commission express franchise rather than needing to use any of the money on bills or other expenses.
Tip #3: Use a company experienced in commission advances
The realtor business requires insider knowledge in order to fully understand, so it’s best to use companies who have experience in handling commission advances because they will know how the industry works and how to best provide you with the services you need. An experience commission express franchise will also offer the best rates and fees.