Information for Managing Brokers
eCommission allows your Agents to gain immediate access to working capital to keep their business running smoothly throughout the year.
Best of all, you can offer eCommission with no liability to your Brokerage.
Improved Cash Flow for Agents Is Good for Brokers
As independent contractors, Agents operate their own small businesses. But gaining access to working capital to pay bills and invest in growth opportunities can be complicated and time-consuming. That’s why eCommission developed an easy way for Agents to accelerate earned fee payments from future closings. Here are a few reasons how our service benefits your Brokerage:
- Stop Being "The Bank" - don't complicate your relationships by being a funding source to your agents
- Retention - solving cash flow challenges keeps your Agents happy and productive
- Recruiting - attract new Agents offering a service to smooth out their cash flow
- Control - your Agent’s portion of their earned fee is only funded with your approval
- Tax Deductible - the cost can be a deductible business expense for your Agents
No Liability to the Broker
On average, 90% of transactions approved by eCommission close as scheduled. If one cancels, your Agents simply replaces the transaction using a real estate fee earn from a future closing. If they earn nothing in the future or leave your company for example, there is no obligation to pay. The transaction is non-recourse. eCommission bears the risk of loss.
Other questions? Visit our Broker FAQs by clicking here or call us directly at 877.882.4368.
