Commission Express Franchise - Executive Franchise
Traditionally, real estate agents and brokers earn a commission when they produce a buyer ready, willing and able to buy a property. Unfortunately, they do not get paid until settlement occurs, often 30, 60, or 90 days in the future. But the ongoing business expenses that must be paid by agents and brokers in order to operate their real estate businesses can be substantial. The problem they face, as with many small businesses, is that while these expenses tend to become due on a steady monthly basis, the cash flow generated on the income side of the business from commission receivables paid at settlement are far more sporadic. Hence the value to real estate agents and brokers of using a business factor such as COMMISSION EXPRESS to manage their cash flow needs in order to meet their ongoing operating, marketing and business development expenses.
COMMISSION EXPRESS® businesses provide commission advances to real estate agents and brokers by purchasing their earned but unsettled commissions (accounts receivable) at a discount. It’s a business to business factoring transaction by which a third party (Real Estate Company or Settlement Agent) is directed under the Uniform Commercial Code to pay Commission Express upon settlement, usually within 30 to 60 days from the purchase date.
Key Business Features of Commission Express Franchise:
Our customers are real estate professionals: principal brokers, associate brokers and salespeople, many of whom are "top producers." These are business people who face the cash flow issues which impact every business. Specifically, real estate professionals are likely to have recurring expenses for promotion, marketing, advertising and staff assistants. Therefore, to operate their businesses, our customers must have a predictable cash flow to meet equally predictable expenses. Unfortunately, real estate incomes depend on unpredictable sales and settlements, and so it sometimes happens that cash flow is not sufficient to meet current expenses.
Our customers return repeatedly because doing business with us is quick, reliable, and does not involve a lengthy application review or committee review. They know that, while we do consider the professionalism of the customer, we are primarily interested in the quality of the asset being purchased.
Since the real estate industry is marked by extensive mobility, our customers often leave one firm to go to another or to start their own. This mobility benefits COMMISSION EXPRESS® businesses because it helps spread information regarding our services to potential new customers in the new firm. Indeed, we believe that like real estate brokerage in general, customer referrals are a valued and important source of current and future business for all COMMISSION EXPRESS® businesses.
Our customers are members of the National Association of REALTORS® that promotes professionalism by enforcing a Code of Ethics and Standards of Practice. They are also a controlled group in that they are all licensed and regulated by the state real estate commissions in which they practice.
We prepare all new franchisees to operate their COMMISSION EXPRESS® business beginning with an intensive five day comprehensive training period at our National offices. In addition, franchisees receive a turn-key operation consisting of:
Commission Express offers it's service to real estate professionals nationwide. Over the years, we have successfully worked with many national and regional brokerages. Listed below are a few of the firms whose real estate professionals regularly utilize our services.
For more information about Commission Express franchise opportunities please submit the form below.
This web site and the information contained herein does not constitute the offer or sale of a franchise. There are certain states that require the registration of a FDD before the franchisor can advertise or offer the franchise in that state. This franchise may not be registered in all registration states and may not offer franchises to residents of those states or to persons wishing to locate a franchise in those states. The offer and sale of a franchise can only be made through the delivery and receipt of a Franchise Disclosure Document (FDD).
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