How it works

I would definitely recommend Express Commission to other Agents. They deposited $5000 into my account the day after my first application. The process was simple. They were friendly and efficient

A short note to thank you for the speedy service. I enjoyed not having to wait 90 days to collect my commission

Your Service was straight forward and let me put my commission to good use immediately. Keep up the good work

Frequently Asked Questions

• How does Express Commission work?
• How much money can we get?
• How much does it cost?
• Who else uses Express Commission?
• Can I use Express Commission if we already have an overdraft or business loan?
• Can we repay the cash advance early?
• Do I need a good credit rating?
• Can I get a cash payment against any type of contract?
• What happens if my commission is cancelled or delayed?
• What can we use the money for?
• Can I get a cash advance if I work as a contracted salesperson for an agency?
• How do we keep track of different deals?
• How do I get started?
• Can we get a cash advance against the agency's rent roll?

How does Express Commission work?

Creating consistent cash flow and having adequate working capital are essential for every business 

Express Commission offers a simple solution to the age old challenge to a real estate business of trying to match regular bills and commitments with irregular commission cashflow?

It allows your agency to bridge the gap between sale & settlement by turning any of your earned but unpaid commissions into cash within 4 hours of an unconditional sale... without loans, financials or hassles.

We guarantee to turn your commissions into cash within 4 hours*.

Here's how it works.

Step 1.
You close the sale of a property.

Step 2.
As soon as the sale is unconditional, send the details of the sale and commission to us.

Step 3.
We make an immediate payment of up to 100% of the commission value less a reserve to cover our fees.

Step 4.
Following settlement, you send us the commission, we deduct the amount of our cash advance and refund the balance less our fee.  

Express Commission provides fast & reliable cash payments to both agencies & individual salespeople Australia wide.

For more information call Tim Kennedy, Richard Fay or Jonathan McLean on
Ph 1300 738 211

*4 hour payment guarantee on a fully approved application lodged before 3pm EST. Does not apply to first time applications.

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How much money can we get?

Your agency can get an immediate cash payment of up to 100% of any one or more of it's earned but unsettled commission less a reserve to cover fees.

We provide you with a funding facility to suit your business cashflow requirements. This facility may be increased over time.

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How much does it cost?

Our clients tell us that using Express Commission to ensure strong & consistent cashflow makes their agencies much more profitable and competitive.

Our current funding rate is based on the number of days until settlement.

To get a quotation please contact Tim Kennedy, Richard Fay or Jonathan McLean on Ph 1300 738211 

The cost of funding is normally tax deductible if the cash advance is used mainly for business or investment related purposes. Please confirm this with your financial advisor.

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Who else uses Express Commission?

Express Commission are Australia's largest & most trusted provider of confidential cash flow finance to real estate agencies.

We specialise in providing cashflow to real estate agencies & focus on building strong personal relationships with our clients.

When you deal with us you will receive fast, reliable & personalised service.

Once you become our client we guarantee to give your agency access to it's commissions within 4 hours of an unconditional sale...without loans, financials or hassles. 

Our clients include leading independent agencies throughout Australia as well as members of Australia’s most successful real estate franchises including:

· Barry Plant Doherty

. Biggin & Scott

. Brock Harcourts

· Century 21 

· Coldwell Banker

. Elders

· First National

. Harcourts

· Hocking Stuart

. Laing & Simmons

· LJ Hooker

. Pro-Active Real Estate

· PRD Nationwide

· Professionals

· Raine & Horne

· Ray White

. Realway

· Re MAX

. Richardson & Wrench

· Stockdale & Leggo

For more information please contact Express Commission's on Ph 1300 738 211

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Can I use Express Commission if we already have an overdraft or business loan?

You can normally use Express Commission alongside any of your existing funding arrangements.

Unlike traditional bank loans we do not require security over real estate or have restrictive lending criteria based on years in business, profitability, cash flow and equity.

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Can we repay the cash advance early?

Yes.

You can repay a cash advance to Express Commission at any time with other funds instead of waiting for us to collect the commission following settlement.

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Do I need a good credit rating?

At Express Commission you benefit by dealing directly with the decision makers.

If you are not sure whether you meet our funding guidelines please contact Tim Kennedy, Richard Fay or Jonathan McLean at Express Commission for a confidential review.

Please be aware we may carry out a credit and probity check prior to approving any cash advance.

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Can I get a cash payment against any type of contract?

Most, but not all contracts.

We provide a cash payment for the purchase of your earned but unsettled sales commission from the sale of real estate (including commercial, industrial property, rural or vacant land). 

• The contract must be unconditional.
• The Agency or Solicitors must be holding a deposit or deposit bond that covers the Agency's share of the commission.

At present our underwriting guidelines do not allow us to provide cash advances for "off the plan" construction or
where the sale & right to the commission is still subject to conditions such as a finance approval or registration of a new title or the completion of the building or building or pest inspections. 

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What happens if my commission is cancelled or delayed?

We know from experience that over 90-95% of contracts will settle without significant problems. If settlement is delayed we provide an exclusive 14 day grace period.  

If settlement is cancelled or delayed for more than 14 days Express Commission will ask you to:

• repurchase the commission from other funds or
• assign other existing but unpaid commissions (that meet our underwriting guidelines) as backup to cover the original advance.

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What can we use the money for?

It is up to you how you use the money.

Express Commission provide cash payments on the basis that you intend to use the money predominantly (i.e at least 51% of the money) for purposes related to your business or for investment. 

Express Commission do not provide consumer loans or credit.

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Can I get a cash advance if I work as a contracted salesperson for an agency?

Yes.

We ask the agency to sign a letter confirming the amount of money that they will deduct from the commission for wages, allowances, desk fees or tax etc.

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How do we keep track of different deals?

When you apply for a cash advance from Express Commission you will receive a password protected online client account (see the client account demo tab on this page).

Your client account allows you to easily keep track of different deals, apply for new advances, check your account balances or make repayments at any time.

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How do I get started?

Getting your first cash advance from Express Commission is simple, fast & reliable.

Go to our how to get started page for details.

Questions?
Call Express Commission on Ph1300 738 211.

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Can we get a cash advance against the agency's rent roll?

Yes.

We will fund up to 90% of the agencys monthly property management income fees.

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