Commission Express
$150,000
$10,000
39
1996
Fairfax,VA
John Stedman
Overview
This unique factoring franchise where cash is truly king. This commission advance service provides real estate professionals with immediate cash flow by converting receivables (Real Estate Commissions) to cash. Commission Express® is the oldest and largest provider of this service in the country.
This territory offers a large network of Real Estate Agents and Brokers, many who have already used advance services. Exceptional income margins and an easy to run operational profile with an 80% repeat business, customers are state licensed.
White collar 5-day work week (no holidays or weekends); Commission Express has 40+ offices and has been in business for over 28 years. Commission Express® has working relationships with most major real estate companies in the country. Only a local business license is required to run a Commission Express® franchise.
Franchise Unit Trends
39
1
-
* in 2022
Franchise Fees
$10,000
1.0% - 9.0%
Gross Income
1.0%
Gross Income
Why Choose Commission Express?
Commission Express® has been in business since 1992. You can rest assured that we know what we're doing in the real estate sales commission advance business, dealing exclusively with professionally licensed Realtors®. Commission Express® does and can-do business with every major Real Estate brand in the country.
What could be more in demand than cash flow? We help Realtors® manage their cash flow needs by offering to purchase their earned but unsettled sales commissions at a discount. It´s a recognized fact that Realtors struggle with cash flow. Unfortunately, they do not get paid until settlement occurs, often 30, 60 or 90 days following the sale. Therefore, we have consistent demand which translates into an 80% customer repeat business.
Exclusivity is also important. It's good to know that Commission Express® is the only franchised real estate sales commission advance company in the country, with brand recognition in most major metropolitan areas. We also offer Protected or Open Market Territories to give flexibility into entering the Commission Express® business.
Starting Costs and Investment Requirements
$125,000 - $500,000
$500,000
$150,000
Training and Support
For training, you will come to Fairfax, Virginia where we teach you how to buy earned but unpaid real estate sales commissions (accounts receivable) at a discount (our fee). We provide initial training and ongoing training through our National office and our on-line support, webinars and annual conferences. Our proven underwriting system is designed to enable you to buy accounts receivable with minimal risk. Our National office is available to provide guidance and assist with underwriting. We teach you how to purchase commissions (account receivables) from real estate professionals where both parties benefit.
History
Commission Express® was founded in the Washington, DC metropolitan area in 1992 by two highly experienced real estate brokers who, after managing offices and owning their own companies, recognized that agents and brokers needed a reliable solution to their cash flow problems.
As Independent Contractors operating as small independent businesses, the agents and brokers had marketable accounts receivable from earned but unsettled sales commissions. The founders conceived an idea to purchase the accounts receivable at a discount, a process known as factoring.
By 1996, the service had become so popular that the founders began offering franchises of the Commission Express® business model to entrepreneurs nationwide. Today, with offices in most major metropolitan areas, Commission Express® is the most popular provider of cash flow for real estate agents and brokers throughout the country.
Commission Express® has advanced thousands of commissions totaling over 900 million dollars and is the only franchised real estate commission advance company in the country. We know the business; we know what we’re doing – and we’re here to make the commission advance process work to your advantage.
Ideal Candidate
Should have or be able to obtain a minimum of $150,000 liquid capital. A strong desire to run your own business supporting the Real Estate industry. Marketing is the key to building a successful business. Ability to follow proven system is also a must.
