No, a credit check isn’t required. The number of transactions you’ve completed in the last twelve months as well as the number of months you’ve been a licensed real estate agent are used to determine your eligibility.

Your broker is not liable or responsible to the transaction in any way. Your broker will need to acknowledge the commission amounts prior to distribution of funds.

Our agreement will give you plenty of time to replace the sale at no additional cost. You’ll have 60 days to complete a sale without accruing any additional fees. Simply notify Utah Commission Advance of the change, provide the supporting documents and the transfer will be complete. It should be recognized that you are personally liable for the advance. Our agreement will give you multiple opportunities to attached the advance to new properties.

Typically owner occupied real estate. Single family homes, townhomes and condos. Investor purchased transaction are eligible but may have additional criteria (though not cost) for an advance.