By Premier Commission Team · Updated October 15, 2026
How it works
- Your sale is under contract and contingencies are removed.
- You apply with the contract and your brokerage's commission statement.
- You and your broker sign the advance agreement.
- The advance company sends you the money, minus a flat fee. At Premier Commission that happens the same day when the agreement is signed by 1 PM ET.
- At closing, your brokerage pays the advance company the amount advanced and pays you the rest.
Is it a loan?
No. Under Premier Commission's agreements, an advance is a purchase of part of your pending commission, not a loan. There are no monthly payments, and the cost is one flat fee rather than interest.
Who uses commission advances, and why
Most agents are independent contractors paid only at closing, while their costs arrive every month. Agents use advances to:
- Market a new listing or pay for photography and staging
- Pay estimated taxes on time
- Cover bills and business expenses during a slow month
- Invest in leads, an assistant or a team member
- Handle an emergency without carrying a credit card balance
What it costs
At Premier Commission the fee is a flat percentage of the amount advanced, set by the days until closing. It starts at 5% for closings within 30 days. There are no application, admin or funding fees and no holdbacks, and every advance includes a 14-day grace period. See the full fee table or estimate your advance.
How much you can get
Up to 90% of your net commission on residential resales and up to 80% on all other deals, including commercial sales and leases, residential leases and new construction.
Commission advance vs. other options
| Option | Based on | Cost | Payments |
|---|---|---|---|
| Commission advance | One pending deal | One flat fee | None; repaid at closing |
| Credit card | Your credit | Interest until paid | Monthly |
| Line of credit | Your credit and income | Interest plus fees | Monthly |
Read the full comparison: commission advance vs. credit card vs. line of credit.
Pros and cons
Pros: cash before closing, a known cost, no credit check at Premier Commission, no monthly payments.
Cons: you pay a fee for timing, your broker has to sign, and it only works for a commission on a deal that is under contract.
How to choose a company
Compare the cash you receive and the total paid back, the grace period, the funding cut-off, what your broker signs and what happens if the deal does not close. Use our 10-question checklist.