Commission Advance Process for Agents

This guide outlines the process and steps that should be followed for a Commission Advance.

When a Property Goes Under Contract:

Agent will contact advance companies such as eCommission, Real Commissions, Commission Express, and Premier Commission to request for an advance. The companies will request for information about the property’s closing date, commission price, and commission net to agent to determine if they can be eligible for the amount requested. They will also request for the Broker’s Information, Title Company information, and agent’s signature for the terms and conditions.

***For CENTURY 21 Redwood Realty Authorized Company Contact, enter this information:

Marnilyn Ramirez

Ph. (703)790-1850 ext. 1860

Email: commissions@c21redwood.com

Criteria before an advance can be approved:

• The advance should be lower than the net commission to agent
• Agent must have another pending deal (another property under contract) in case the property falls through.
• Agent must not have any outstanding balance with the company that are over 30 days old
• Property must be under contract (no Active Listings will be approved)

Please allow 24- 48 hours before a request can be processed. Someone from the Commissions Department will reach out to your ASM/ EVP if there is an issue with the advance request.