Agent FAQs
What is Access?
Access is the real estate industry's first buy now, pay later solution. It gives you the flexibility to buy up to $1,000 of the products and services your business needs today but pay for them when you close your next sale.
Why do Agents use Access?
Access is the most convenient way for Agents to shop! Buying now and paying at closing means you no longer need to come out of pocket to support your business growth. There is never a credit check involved and best of all, you pay nothing to use Access for 90 days! We charge your vendor a fee, not you.
Where can I find Access?
The service is integrated with your favorite real estate vendors. Just look for the Access button on checkout, then click it to buy now and pay when you close.
How does the process work?
- Shop online at your favorite real estate vendor, and look for the Access button on checkout
- Click to pay for your order up to $1,000 using a future commission instead of using a credit card
- Confirm your account and transaction details onscreen
- Digitally sign the Access contract agreeing to pay later using a future commission
- Access then sends payment to your Vendor to complete your purchase instantly!
- Afterward, the process is turned over to eCommission, the company that operates Access
- eCommission works with you to secure a commission from a future closing to repay your order within 90 days.
How does my Access transaction get repaid?
Once you have a pending sale, we will arrange with your broker and the title/escrow company to send us payment at closing using your net earned commission proceeds.
How much does Access cost?
If you earn a commission from a closing to repay your order within 90 days, there is no cost. If repayment takes longer, you have the option to pay using your business debit or credit card on file.
What if I never close another sale?
In the unlikely event you do not earn a future commission from a closing, there is no obligation to pay Access. Our service is not a loan and there is no personal recourse to you.
Does Access require a credit check?
No. Access is not a loan. No credit information is needed.
Can my request be declined?
Yes. Access utilizes certain underwriting and approval guidelines to ensure we fund commissions safely and responsibly. If your request is declined, you will receive an immediate electronic notification.
Vendor FAQs
What is Access?
Access is a the real estate industry's first buy now, pay later financial solution. It gives your customers the flexibility to buy up to $1,000 of products, services, or subscriptions from you today but pay for them later using the commission from their next closing.
How does my business receive money from Access?
Access utilizes a simple payment technology that once installed on your site, gives Agents the ability to pay for purchases using a future commission instead of a credit card. We fund your customer’s order by ACH transfer to your bank within one business day. Transaction detail reporting is included with each payment.
How much can Agents buy using Access?
Access provides immediate approvals for purchases up to $1,000, without utilizing a credit check.
Is the checkout process easy for my customers?
Yes! Data integration through a simple API makes the process seamless for your customers. Approvals are provided instantly, with order completion taking only a few minutes.
How does the process work?
- Agents shop online with your business, and select the Access button on checkout
- By choosing Access, the Agent goes through an instant pre-approval process to qualify for up to $1,000 in funding using a future commission
- Utilizing a simple API from you, the Agent confirms their account and transaction details onscreen, then digitally signs the Access contract agreeing to pay later using a future commission
- Funds are sent from Access to your bank to complete the Agent’s purchase!
- The process is then turned over to eCommission, the company that operates Access, to work with the Agent to secure a future commission to pay the order within 90 days
Why should I offer Access
Paying for purchases using future commissions instead of credit cards creates added convenience for your customers, resulting in larger purchases and more frequent orders. Best of all, your Agents pay nothing for 90 days.
How much does Access cost?
Access charges vendor partners a 5% fee that is deducted from the net order proceeds. The Agent is not charged anything for using Access providing they close a sale to repay their order within 90 days.
How are disputes handled?
When you accept a payment through Access, it creates a binding agreement by you to provide the purchased items to the Agent. If any disputes arise between you and your customer regarding their order, Access will use reasonable efforts to help resolve the issue. If such a dispute goes unhandled, Access reserves the right to reverse payments or withhold future payments to you.
Can a request be declined?
Yes. Access utilizes certain underwriting and approval guidelines to ensure we fund commissions safely and responsibly. If we decline a request for one of your customers, they receive an immediate electronic notification.
Is there any risk for my Company?
There is no financial risk or liability for vendors. Access assumes the risk of the Agent earning no future commissions or otherwise breaching their Agreement with Access. In the unlikely event this happens, Access bears the loss. Our service is not a loan and there is no recourse.
How does my business get started offering Access?
It’s easy. Click here to get started.
