Yes! Our fees are tax-deductible. And no, a commission advance isn’t like a payday loan. Find more answers here:
-
Absolutely not. When you sell a commission receivable, you’re selling an asset you already own. You’re not borrowing against a future paycheck—that’s a huge difference.
-
You can apply the moment your transaction becomes a firm and unconditional sale. You are welcome to apply within 150 days of the closing date.
-
Yes. One of our friendly representatives can quickly set up an account for you. Simply contact us at 1-800-331-9756 or deals@agentsequity.com.
-
Yes, in order to apply for an advance, your broker must be registered in our database. Please contact us at 1-800-331-9756 or deals@agentsequity.com to get started.
-
Up to 90% or $15,000 of your net commission receivable!*
-
Yes, Agent’s Equity can handle up to $200,000 of your net commission receivables.
-
You can choose from two options: same-day electronic bank transfer or overnight couriered cheque. Cheques sent on Fridays will usually be delivered the next business day.
-
That’s up to you. A commission advance is often best used as a short-term cash flow solution.
-
Yes—especially when you consider some of the alternatives, like:
• Losing control of your business
• Losing profitable opportunities due to lack of capital
• Pledging your home or other personal assets
• Losing a marketing opportunity that would increase sales -
Many of our agents have received tax deductions when using a commission advance for business purposes. Your accountant will be able to help. Agent’s Equity provides tax receipts upon request.
-
No. We respect your privacy. Information submitted to Agent’s Equity will never be sold or distributed.
-
Our commission advance service can cost as little as $74.50 per transaction. If you have a firm sale and would like to know how much it’ll cost to get your commission today, contact us for a free quote.
-
The reality is, after a purchase contract has been signed, the vast majority of residential sales close on schedule. If a sale does fall through, you have two easy options: repay the full amount of the commission purchased within 60 days or repay the outstanding amount with the proceeds from future sales. A minimum of 25% from each subsequent commission is applied to the balance until it’s paid in full.
-
In the rare event of a failed closing, Agent’s Equity will work with the sales representative to create a manageable repayment schedule. The broker will not be liable.
-
We can certainly help with your cash flow as well. Please give us a call to discuss. It only takes a minute or two to get set up!
-
Yes! You can collect fees using a simple split payment. Simply apply the amount that you would like made payable to the brokerage, and we will either send an electronic bank transfer or a cheque to you that day. Cheques sent on Fridays will usually be delivered the next business day.
One more question: Are we ready to support your financial success? Answer: Absolutely!
“Agent's Equity is always available to help and go the extra mile for clients. I'd recommend them to anyone in the real estate industry.”
— Patrick, Bowes & Cocks Limited