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A new service - with a proven track record
About eCommission Financial Services, Inc.
It seems almost every day a new “advance company” enters the marketplace offering you the ultimate solution to your cash flow needs. But in reality, very few companies have the expertise to advance pay your real estate sale commission in a timely manner. By choosing eCommission, you are working with an experienced accounts receivable financing Team that pioneered the service of advancing real estate commissions back in 1989. While we are the longest operating and most established company in the real estate commission advance industry, our measure of success is marked by the thousands of satisfied Realtors® we have served across the United States and Canada. Our prompt, knowledgeable and courteous commission financing staff is available during regular business hours Monday through Friday, 9:00 am to 6:00 pm CDT.

Headquartered in Austin, Texas, eCommission Financial Services, Inc. is the U.S. build-out of Canadian based, Agent’s Equity Inc. the company that created the industry of commission advances to Realtors in 1989. Sean Whaling, one of the founding members of Agent’s Equity, helps lead eCommission’s mission to provide unique accounts receivable financing services tailored exclusively to Realtors®.

eCommisson focuses exclusively on the financial service needs of Realtors. With its advance commission product, eCommission demonstrates its commitment to utilizing web technologies that ensure fast, easy processing of all real estate sale commission payments and superior customer satisfaction.

Officers
eCommission has a talented and diverse management team with 21 years of real estate factoring experience.

Scott Vertrees, Chief Executive Officer
Scott brings 15 years of experience leading diverse businesses, setting strategic vision, building and motivating teams, expanding markets, and executing against business plans for startups, turnarounds, acquisitions and high-growth organizations. Scott has successfully developed business opportunities, introduced leading-edge technologies and pioneered strategic alliances and business partnerships in industries such as internet commerce, catalog retailing, consumer products, filtration technology, medical devices, high-tech and consumer services. As president of Petopia.com, Scott was responsible for the general operations of the company and strategically repositioned the company as a multi-channel retailer to leverage all sales channels, including web store, catalogs, television and brick & mortar stores. Previously, Scott was president of In The Company of Dogs Inc. (sold to Petopia.com), which he acquired as a branded catalog platform for the launch of a premium e-commerce site, creating a multi-channel lifestyle products company delivering superior gross margins and average order sizes. As the president of Clifcor Capital and certain of its affiliates since 1988, Scott has managed both public and private ventures in numerous industries. Scott has been a member of the Young President's Organization since 1996, and currently serves on its board of officers.

Sean M. Whaling, President
Sean was previously co-founder and Vice President of Marketing of Agent's Equity, Inc., and during his six-year tenure, helped take the company's customer base of less than 100 to over 5,000 active users. Sean currently oversees all day to day operations for eCommission, ensuring the attainment of goals and maximizing return on investment. He has 12 years of experience in the commission financing industry and is responsible for the development of all strategic marketing programs, public relations, direct marketing collateral pieces and advertising campaigns for the company, including data base management and analysis.

Board of Directors
In addition to Messrs. Whaling and Vertrees, the following individuals currently serve on the Company's Board of Directors:

Edward H. Sondker, Director of the Company
Mr. Sondker began his career in banking in 1974 as Trust Officer and Legal Counsel with Merchants National Bank of Topeka. From 1982 – 2001 he served as President and Chief Executive Officer in Missouri and California, ranging in size from $500 million in assets to over $5 billion in assets with over 1,000 employees. Throughout his career he has completed over 20 acquisitions, including initial negotiations, public relations, purchase and final implementation. Mr. Sondker has held numerous board seats with charitable organizations, economic development corporations and publicly traded companies, including two NYSE corporations. He has extensive experience in S.E.C. matters, employment law, human resource related matters, estate and financial planning, and commercial or business transactions. Mr. Sondker received his B.S. (1969) and his Juris Doctorate (1972) from Washburn University in Topeka. He has been a member of the American Bar Association, American Bankers Association, and served as Board member for the California Bankers Association.

Mathew L. Carpenter, Director of the Company
Mr. Carpenter began his career in finance in 1989 as the Director of Finance for Concord Growth Corporation of Palo Alto, California, holding increasingly senior positions over a nine year period including CFO, COO and ultimately President. Under Mr. Carpenter’s tenure, Concord grew from $5 million to over $50 million in assets when the company was purchased by Bay View Capital Corporation. (NYSE: BVC). Mr. Carpenter continued his career at Bay View Capital holding increasingly senior positions over the next four years including COO. Mathew holds an M.B.A. from Harvard University and a B.S. from Brigham Young University.

Howard Koenig, Director of the Company
Mr. Koenig currently serves as the Chairman of Clifcor Capital Group, a private investment holding company that invests primarily equity capital into closely held growth companies with sales volume from $3 to $100 million that operate in a defined market niche. Mr. Koenig has participated in a number of startup and turnaround opportunities and has been a significant investor in numerous ventures since 1980, including U.S. Tape, Plasti-Bag, Inc., Gundle Lining Systems, U.S. Netting, Inc., and American White Cross, Inc.

 

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