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Franchise Commission Express

Investments

$172,300

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Short information

$172,300

$172,300

Investments

$100,000

$100,000

Minimum Cash

2

2

Wishing to buy

1992

1992

Year Brand Started

50

50

Offices

1996

1996

Year Franchising Started

Franchise Commission Express

Investments

$172,300

Offices

50

Franchise Fee

$10,000 - $50,000

Short information

1992

Year Brand Started

1996

Year Franchising Started

About Franchise

Traditionally, real estate agents and brokers earn a commission when they produce a buyer ready, willing and able to buy a property. Unfortunately, they do not get paid until settlement occurs, often 30, 60, or 90 days in the future. But the ongoing business expenses that must be paid by agents and brokers in order to operate their real estate businesses can be substantial.

The problem they face, as with many small businesses, is that while these expenses tend to become due on a steady monthly basis, the cash flow generated on the income side of the business from commission receivables paid at settlement are far more sporadic. Hence the value to real estate agents and brokers of using a business factor such as COMMISSION EXPRESS to manage their cash flow needs in order to meet their ongoing operating, marketing and business development expenses.

OMMISSION EXPRESS businesses provide commission advances to real estate agents and brokers by purchasing their earned but unsettled commissions (accounts receivable) at a discount. It’s a business to business factoring transaction by which a third party (Real Estate Company or Settlement Agent) is directed under the Uniform Commercial Code to pay Commission Express upon settlement, usually within 30 to 60 days from the purchase date.

The prototype, Commission Express of Northern Virginia, has been operating in the Washington, DC metropolitan area since 1992 and has purchased thousands of accounts receivable. That experience enabled us to develop the materials, software and protocols that constitute the COMMISSION EXPRESS system. We began franchising in 1996 and invite you to review our web site and then click on the Qualification button to submit a request for more information.

Franchise Commission Express

The Process

COMMISSION EXPRESS businesses apply the general factoring process to the specialty of factoring real estate sales commissions. We purchase these pending receivables on the basis of their quality as an asset and the professionalism of our customers.

COMMISSION EXPRESS customers use our services because the process is easy, fast and reliable. They usually sell their receivables at the time of contract ratification.

After creating an account, the customer may apply online or download and submit the necessary documents to COMMISSION EXPRESS for review. When approved, they can come to the COMMISSION EXPRESS offices to get their advance check or we will mail or wire the funds. The process usually takes less than two days.

As a COMMISION EXPRESS franchisee, you will be helping customers manage their cash-flow in exchange for the opportunity to purchase pending receivables at a discount. It is a situation where a reasonable exchange of values takes place, and where everyone has an opportunity to benefit.

Franchise Commission Express

As a COMMISSION EXPRESS franchisee,  you will enjoy the following benefits:

  • State of the Art Operational Website
  • Internet Based Operating System
  • High Percentage Repeat Business
  • Reasonable Investment
  • Choose Protected or Open Market Territory
  • Demand Tied to Cash Flow Needs
  • Independence and Self-Satisfaction
  • Definable Target Market
  • Attractive Economic Potential
  • Training and Support
  • Defined Marketing Techniques
  • Equity Building
  • Unique Business
  • State Licensed Customers
  • Up to 80% of Initial Franchise Fee Financed

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Finance Information

Investments: $172,300 – $301,500

Franchise fee: $10,000 - $50,000

Royalty fee: 9%

Minimum Cash: $100,000

Net Worth: $112,000

Training and Support

We prepare all new franchisees to operate their COMMISSION EXPRESS business beginning with an intensive five day comprehensive training period at our National offices. In addition, franchisees receive a turn-key operation consisting of:

  • Operational Techniques
  • Internet Based Operating System
  • Intuit QuickBooks Accounting
  • Hands-on Computer Processing
  • Updated Operating Documents
  • Ongoing Business Research and Advice
  • Customer Advertising Materials
  • Special Request Training
  • Effective Marketing Plan
  • Content Management System on Website
  • Annual Conference and Awards

Video

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Training

Yes

Business Type

Franchise

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