Get Your Sales Commission Now!
Turn your Contract into Cash – You don’t have to wait untill it closes.
Step 1: Apply
Your application should not take you more than 5-10 minutes if you have the details of your transaction available.
Step 2: Approval
It will take up to 3 hours to underwrite your application, provided you have submitted the documents requested.
Step 3: Same Day $$
Once you have been approved and we have received all signed agreements, we can fund your commission advance.
The Fee Calculator
*Holdback is returned to you at the timely close of your transaction
What is a commission advance?
It is a tool that allows a real estate agent or broker to sell a portion of a pending commission, from a ratified contract, for a fee. This fee is based on the projected time frame of the settlement date. In turn, funds are advanced to you before closing. This is not a loan, so no credit check. Acceptance is based entirely on the merits of the deal and agent’s work history – not on a real estate agent’s personal financial statements, credit history, or credit reports.
Is there an application Fee?
How will I receive my commission advance and how long does it take once application is made?
Once we receive a complete application, your file will be underwritten within 2-3 hours. Approved applications that have contracts signed by all parties are funded within one hour. No wires after 3:00 pm EST. You can either elect to have the funds wired into your checking account for immediate access ($35.00 fee) or choose ACH Deposit which has no fee.
How does SCN get repaid?
The title company repays us directly at closing.