Apply for a real estate commission advance up to $10,000 on a pending sale. Usually funds within 1 business day.
Here are some examples of our commission advance fee structure:
Steps to receive your commission advance:
At Blue Summit Realty we offer real estate commission advances to our brokers as well as outside agents and brokers nationwide when funds are available. To receive a new real estate commission advance simply fill out the fields above and we will be in touch usually within 1 business day. If you have any questions about our process, pricing or other general questions regarding a real estate commission advance please fill out the required fields above marked with an * and include your question in the questions/comments section. Please be patient as we are a small locally owned real estate brokerage located in Lacey, WA having been around since 2012. We strive to respond to questions and fund real estate commission advances within 1 business day.
If you are a real estate broker in the state of Washington with at least 2 years experience and interested in joining our team please visit our join us page.
What is a commission advance?
A real estate commission advance allows an agent to be paid their commission on a pending transaction prior to the close date for a fee. Said another way, an agent sells Blue Summit Realty the rights to a certain amount of their commission for a discount in return for a lump sum of money.
Is there a maximum amount of commission advance I can request?
Currently we take it on a case by case basis but there is no specific dollar amount.
What percentage of the net commission can I request for a commission advance?
In many instances we can go up to 90% of the net commission for a commission advance.
How do I pay the real estate commission advance back?
Escrow or the settlement team will mail or wire us a check at closing from the sale proceeds. This shows up as a payment to Blue Summit Realty on the settlement statement having been deducted from your commission.
Where is your office located?
We are located at 4705 Lacey Blvd SE, Lacey, WA 98503
Will you give a commission advance on a listing
At this point we are only doing commission advances on homes under contract.
Does an inspection contingency have to be satisfied prior to commission advance.
We would look at this on a case by case basis. Generally a seasoned real estate agent with multiple transactions under contract would qualify for a commission advance prior to the inspection contingency being satisfied.
*We reserve the right to approve/decline any commission advance request.