Timely Access to the Commissions You've Earned

Timely Access to the Commissions You've Earned

Unlock Your Commission When You Need It

Even the best agents experience the roller coaster of income at one time or another. Utah Commission Advance can get your through those dips and valleys by unlocking your pending commission and giving you access to your commission when it matters the most. Your time, your schedule.

The application takes 5 minutes and does not include a credit check. Your prior production and work history is all we need. After approval, Utah Commission Advance can wire the funds in just a few hours.

What is a commission advance?

A commission advance is a financial tool called factoring. You are selling your future commission for a fee.

What Does It Cost

Our service typically cost 10% of the amount requested. This may vary depending on how much time until your transaction closes. There are no hold back fees and our process is designed to easily accommodate the average transaction time.

How The Advance Process Works

Agents agree to sell their future, pending commission, for a fee. Agents can sell all or part of a pending commission. The application to funding process can take as little as 24 hours. No credit check required. Supporting documents are required from the agent to verify the purchase and the agents work history. At closing, the funds will be disbursed to the brokerage and Utah Commission Advance (according to our contractual agreement).

Brokers will never be liable for failed transactions or the risk of loss from an agent who never completes another transaction. Utah Commission Advance will not purchase pending commissions for more than is due to the real estate agent after the brokerage split.

Example:

Pending commission due to agent (after brokerage fee): $5,000

Utah Commission Advance Fee: $500

Agent Receives: $4,500

$’s Sent to Utah Commission Advance at closing: $5,000