Commission Advance Information for Managing Brokers / Owners
Commission Accelerator empowers your agents by providing instant access to working capital, ensuring their businesses operate seamlessly all year round. The best part?
You can provide Commission Advances without any risk to your brokerage using Commission Accelerator!
Fix potential cash flow issues BEFORE they affect your Agents
Here are a few ways Commission Accelerator can add immense value to your brokerage:
Avoid Financial Strain - By not being the primary funding source for your agents, you can maintain healthier professional relationships.
Boost Agent Retention - By addressing cash flow issues, you can keep your agents satisfied and productive.
Enhance Recruitment - The promise of a service that smooths out cash flow can be a strong incentive for prospective agents.
Maintain Control - Commissions are only advanced with your approval, ensuring you stay in control.
No Impact on Split - Advances are made on the agent's net earned commission only, after any commission split and/or brokerage fees.
Potential Tax Benefits - The cost to advance can be a tax-deductible business expense for your agents.
Agents, as independent contractors, run their own small businesses. However, securing working capital for bill payments and growth investments can be a complex and lengthy process. This is why Commission Accelerator has designed a straightforward method for agents to get an advance on their future commissions.
No Broker Liability
In the rare case that Commission Accelerator advances a commission for a sale that doesn't materialize, the agent is expected to repay it from their future commissions. As a broker, your sole duty is to channel any future commissions earned by the agent towards Commission Accelerator. If the agent fails to earn any future commissions or departs from your company, the risk of loss is borne by Commission Accelerator.
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