How a commission advance works
You and your brokerage sell us part of a commission you've earned on a pending sale. We send the money today, and your brokerage pays us the advanced amount from the commission at closing.
Four steps
Most agents finish the application in a few minutes.
- 1
Go under contract
Once your purchase contract is fully executed and contingencies are removed, your commission qualifies.
- 2
Apply online
Verify your email with a 6-digit code, add your brokerage and deal details, and upload the sales contract.
- 3
Sign your agreement
We send your advance agreement within an hour of a complete application. You and your broker sign electronically.
- 4
Get funded
Funds go out by ACH the same business day when your signed agreement reaches us by 1 PM ET. Your brokerage pays us from the commission at closing.
The timeline
From signed contract to closing, here is when everything happens.
- Step 1Contract executedContingencies removed
- Step 2You applyA few minutes online
- Step 3Agreement sentWithin an hour of a complete application
- Step 4You and your broker signElectronically
- Step 5FundedSame day when signed by 1 PM ET
- Step 6ClosingPlus a 14-day grace period
- Step 7Brokerage pays usFrom the commission; you get the rest
Documents you'll need
Send these with your application. Clear scans or phone photos are fine.
For every deal
- The fully executed purchase agreement
- Any contingency removals or addenda
- Your brokerage's commission statement or trade sheet, signed by you and your broker
- A copy of the deposit check or receipt, if you are the cooperating agent
First advance only
- A copy of your driver's license
- A voided check for the account you want funded
What your broker signs
The advance agreement is signed by you and your brokerage. We verify the transaction and the commission with your office before funding, and at closing your brokerage pays us the advanced amount.
Funding cut-off
Signed agreements received by 1 PM ET on a business day are funded by ACH that day. Agreements received later, or on weekends and bank holidays, are funded the next business day.
Your next advance
Your agent and brokerage details are saved in the portal. Sign in, choose Request a New Advance, and add the new deal.
Process questions
How fast can I get the money?
The same day. When your signed advance agreement reaches us by 1 PM ET on a business day, we send the funds by ACH that day. We send your advance agreement within one hour of receiving your complete application. Your bank may take a little longer to post the deposit.
What documents do I need?
For your first advance: a copy of your driver's license and a voided check for the account you want funded.
For every deal: the fully executed purchase agreement, any contingency removals or addenda, your brokerage's commission statement or trade sheet signed by you and your broker, and a copy of the deposit check or receipt if you are the cooperating agent.
Document checklist →Does my broker have to sign?
Yes. The advance agreement is signed by you and your brokerage, and we verify the transaction and the commission with your office before funding.
What your broker signs →How do you get paid at closing?
Your brokerage pays us the advanced amount out of the commission when the deal closes, and pays you the rest of your commission as usual.
How is the money sent?
By ACH to your bank account, or by wire if you choose it in your application. Same-day funding applies when your signed agreement reaches us by 1 PM ET on a business day.
How do I request another advance?
Sign in to the portal and choose Request a New Advance. Your agent and brokerage details are already saved, so you only enter the new transaction and upload its sales contract.
Your commission is earned. Get it before closing.
Apply online in minutes. Funds go out the same day when your agreement is signed by 1 PM ET.