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Who else uses Express Commission?
Established in 2005 Express Commission continues to make Commission Advances in July 2020 to leading residential, commercial, and industrial real estate agencies and business brokers across Australia.
Agencies of all sizes use our services, from sole traders up to well established and very large agencies. Our client base includes independents together with members of Australia’s most successful real estate groups:
- Barry Plant
- Belle Property
- Biggin & Scott
- Century 21
- Coldwell Banker
- First National
- Hocking Stuart
- IRENE: Independent Real Estate Network
- L J Hooker
- One Agency
- Pro-Active Real Estate
- PRD Nationwide
- Raine & Horne
- Ray White
- Re/ MAX
- Richardson & Wrench
- Starr Partners
- Stockdale & Leggo
Express Agent News
26 Oct 2016 issue
Selected article shown below. See all articles for this issue.
Real Estate Agency Financing Solutions
Lack of financial support from the major banks, coupled with the cash flow challenges of the real estate industry, has long been a major hazard for Real Estate agents in Australia. Even the best agents and agencies are prone to intermittent cash flow due to the very nature of the business and the reliance on commission income.
There are a variety of reasons why real estate agencies and agents may require extra funding support from time-to-time. Reasons include:
- slow selling periods, such as holidays
- delayed settlements (equals delayed commissions)
- major business expenses, such as quarterly BAS payments
- growth & expansion plans (investing in the future)
- rent role acquisitions (investing in assets for future income)
- rewarding top sale personnel (upfront commissions to sales team is a major motivation tool)
- rewarding yourself as Agency Principal for all your hard work!
As many of you know, the process and criteria to obtain bank financing has become particularly onerous and the timeline can be incredibly slow. For example, what do you think are the chances of successfully getting a funding facility approved for your agency from your bank before the end of the financial year? What more, would you be in a position to provide all the information the Bank would require in order to review your application?
There is an alternative. Express Commission are a specialist provider of finance to the real estate industry with an effective short-term financing option without any of the conventional red-tape that banks traditionally demand. Its super convenient and quick to arrange, with approval and funding available in less than twenty four hours. And its cost effective, with no establishment fees, annual review fees, line of credit fees.
Express Commission Australia has been providing specialist financing services to the real estate industry since 2005.
Call us today on 1300 738211 for a confidential discussion
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