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Franchise Opportunities > Commission Express Franchise Info

Commission Express Franchise


Commission Express Franchise Information

Commission Express Franchise Start-Up Costs

 

If Real Estate Agents Had a Choice...
Would They Rather Be Paid In 2 Months or 2 Days?
Now They Have a Choice...
And You Have an Opportunity.

Traditionally, real estate agents and brokers earn a commission when they produce a buyer ready, willing and able to buy a property. Unfortunately, they do not get paid until settlement occurs, often 30, 60, or 90 days in the future. But the ongoing business expenses that must be paid by agents and brokers in order to operate their real estate businesses can be substantial. The problem they face, as with many small businesses, is that while these expenses tend to become due on a steady monthly basis, the cash flow generated on the income side of the business from commission receivables paid at settlement are far more sporadic. Hence the value to real estate agents and brokers of using a business factor such as COMMISSION EXPRESS to manage their cash flow needs in order to meet their ongoing operating, marketing and business development expenses.

COMMISSION EXPRESS® businesses provide commission advances to real estate agents and brokers by purchasing their earned but unsettled commissions (accounts receivable) at a discount. It’s a business to business factoring transaction by which a third party (Real Estate Company or Settlement Agent) is directed under the Uniform Commercial Code to pay Commission Express upon settlement, usually within 30 to 60 days from the purchase date.

The prototype, Commission Express of Northern Virginia, has been operating in the Washington, DC metropolitan area since 1992 and has purchased thousands of accounts receivable. That experience enabled us to develop the materials, software and protocols that constitute the COMMISSION EXPRESS® system. We began franchising in 1996 and invite you to review our web site and then click on the Qualification button to submit a request for more information.





 


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