RentalAdvance.com is a commission advance service for your real estate sales. We offer a way for agents and brokers to leverage yesterday’s sale for cash today. Now, you might be asking, “What does that mean, exactly”?
To answer that question, first we need to understand how real estate agents and brokers are compensated. Often, there is a mandatory wait period, at which time all contingencies of a sale must be met. This means agents and brokers have to wait before they get paid. Sometimes waiting for as long as 120 days. That can be pretty exhausting when you have financial obligations to meet.
Cashflow is a vital part of success, and there is no space where that is more evident than in real estate sales. It takes money to make money, and waiting for your commission could cost you potential sales. Time you could otherwise use to spend on cultivating your leads and building a sales pipeline.
Provided your request meets our vetting criteria, you can be approved for a commission advance the very same day. Sadly, we cannot approve everyone, so in order to secure an advance, be sure to:
Complete the application online – Complete our online application and request an advance. You will only need to input your details once. After that, you can quickly add new sales to your account.
Provide Identification & Proof of Address – 1 copy of a government issues photo-ID (such as a driver’s license or passport), and 1 copy of a proof of residence (such as a bank statement, or a utility bill).
Sales Documentation – The documents for each sale vary, but the sales contract is the beating heart of the paperwork. Be sure to include all pages, with relevant information on loan officers and closing agents.
If you have any questions or concerns, our team would be happy to assist you. Please do not hesitate to contact us by phone at: (917) 727-0564 or email us at: [email protected].
We look forward to hear from you!
-Rental Advance Team