FAQ’s about eCommission
February 19th, 2008 by Sean Whaling
Q. What is eCommission?
A. eCommission is a commission financing service headquartered in Austin, Texas, who provides real estate sales professionals with advance payment of their commissions within 24 hours.
Q. Is eCommission a bank?
A. No. eCommission is a service provided to professional real estate agents by eCommission Financial Services, a privately held corporation specializing in financial services for the real estate industry.
Q. How does eCommission work?
A. Agents can sign up for an eCommission account any time by going to eCommission.com. Agents complete a simple application and submit this, along with the purchase contract, to eCommission. eCommission reviews the contract and if approved, will wire transfer the advance to the agent’s checking account. The Broker also signs the eCommission Agreement to ensure he/she is made aware of the transaction.
