Working as a real estate agent comes with many advantages, but a steady paycheck isn’t one of them.
Because they only get paid when a deal closes, even successful agents can go months between paydays. That’s where RLTYco’s commission funding service comes in. For the last video in our series with RLTYco, The Real Deal visited the company’s offices to learn how commission funding addresses one of the biggest pain points agents experience in their careers.
“Through RLTYco, agents are able to access their money whenever they want it,” says Jared Antin, Managing Director of Elegran, Forbes Global Properties. “They’re able to use their signed contracts to create liquidity for whatever their life or their business may throw at them.”
Commission funding empowers agents to reinvest back into their business and avoid falling into a feast-or-famine pattern early in their career.
“The commission funding really helps our agents, particularly our junior agents on the team, help with their day to day business expenses in advance of that next deal closing,” explains Elegran’s Alexis Caprinello. “They can get started on the next deal and the next client and really put that liquidity towards their business and invest in themselves.”
Watch the video to learn more about this critical service from the RLTYco team.