The Bridge Advance Program for Active Listings
February 5th, 2008 by Sean Whaling
If you have no pending sales at this time, you can still receive an advance using two or more active residential listings. We designed this program to provide you with a cash flow bridge until close of your next sales.
How does it work?
Make payments each month until you convert one of your listings to a closed sale. At that time your commission is used to pay off your Bridge.
The cost varies depending on how much you want and the length of time the money is outstanding. On a $3,000 example, the cost would be a flat fee of $1002 plus a monthy extension fee of $2503.
Visit Bridge Advance to apply or learn more.
Certain underwriting and credit restrictions apply. 1) Please consult your tax adviser 2) $100 extension fee at six month intervals 3) First month’s extension fee is withheld from your net advance.
