"Commission advances are not just for the real estate agent who is hard up for cash.  With credit being harder to come by, commission advances can be a valuable source of immediate cash-flow."

Worried about market conditions? Are you concerned that this tight-credit environment will hamper your ability to grow your business? Read what Karim Kanji has to say:

With credit markets tightening, consumers are looking at a variety of options for financing. Real Estate agents are not exempt from this. As independent business owners, real estate professionals have traditionally used a variety of financial tools. Tools to help them finance their business and marketing strategies and campaigns. Today. Let’s look at some of these financial options.

Cash. Cash continues to be King. And it always will. We don’t need to pay for it. We just need to earn it. Recent reports over the past few months have suggested that sales are harder to come by. Listings are increasing. Bidding wars have become a thing of the past. Employment volatility has also put home ownership on the back burner for many employees. So what does this all mean? Cash may be king but he ain’t leaving his castle to visit you anytime soon.

Credit Cards. Not the least expensive but the easiest to access. Moreover, banks don’t like self-employed types so the chances of increasing your limit to pay for your new advertising will be hard to come by. Never mind paying for your Blackberry, internet, meals, etc.

Lines of Credit. See above. Although borrowing costs may be cheaper than plastic don’t look for your local bank to come to your emotional rescue.

Family and Friends. Next.

Your Broker/Owner. Over the past 5 years many offices have been advancing commissions to their sales reps.. Some have charged fees. Many more have been advancing at no charge to the sales people. Don’t look for this trend to continue. As sales become more sporadic so will the practice of brokers advancing commissions to their sales people. If they do, look for their rates to increase to offset the loss of desk and transaction fees.

Factoring and commission advances. For an inexpensive, yet tax-deductible, fee you can access thousands of dollars of your earned commissions. Commission Advance companies, like RealCash Bancorp Inc. (www.RealCashCanada.com) have been in Canada for almost two decades. They have the experience and knowledge that real estate professionals have come to expect from other financial professionals. What’s more, commission advance companies, because they are privately-owned and financed are not usually subject to the current lending environment. That is why, at this time, during a tight credit market, commission advances are a great, effective, inexpensive and reliable source of financing for your business.