Our terms, in plain English
What you sign, how we're paid, and what happens when a closing moves. This page summarizes our advance agreement; the agreement you sign is what governs.
It is not a loan
Under Premier Commission's agreements, a commission advance is a purchase of part of a commission you have already earned on a pending sale. It is not a loan. There are no monthly payments and no interest; the cost is one flat fee.
What you sign, and what your broker signs
You and your brokerage sign the advance agreement. It identifies the transaction, the commission, the amount advanced and the fee. Before funding, we verify the transaction and the commission with your brokerage.
How much, and what it costs
You can advance up to 90% of your net commission on residential resales and up to 80% on all other deals. The fee is a flat percentage of the amount advanced, set by the days from funding to your scheduled closing date, starting at 5%. It is shown in your agreement before you sign and deducted from the advance when you are funded. There are no application, admin or funding fees, and no holdbacks. See the fee table.
How we are paid
When the deal closes, your brokerage pays Premier Commission the amount advanced from the commission and pays you the rest of your commission as usual.
If the closing is delayed
Every advance includes a 14-day grace period after the scheduled closing date at no extra cost.
If the deal does not close
Liens, guarantees and collections
Paying early
You can pay back an advance before closing without a penalty.
Price match
If another commission advance company gives you a lower written quote for the same deal, send it to us and we will beat it.
Funding
Same-day ACH funding when your signed agreement reaches us by 1 PM ET on a business day. We send your advance agreement within one hour of receiving your complete application.
Your information
We use your information only to provide our services. It is kept confidential and is never sold. Read our privacy policy.
Questions about the agreement
Ask before you sign. Call (866) 309-5582 or email info@premiercommission.com, and we will walk you through it.
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.