Frequently Asked Questions

Select a question below for more information.

How much will this service cost me?

When can I apply to receive an advance on my real estate commission?

Do I need to complete an application?

Does my broker need to sign up before I set-up an account?

How much of advance on my commission can I receive?

Will my personal information be protected?

How is my advance commission paid to me?

How much will an advance on my commission cost me?

Is my advance tax deductible?

What happens if my sale doesn't close?

What supporting information do I need to supply after my application is filled out?

When can I apply to receive an advance on my real estate commission? You can apply when you have an fully executed purchase agreement for a “non pre-construction” residential property(single-family, town home, villa or condominium), that has a closing date within 180 days from the date of your application, a mortgage contingency of no more than 90% LTV and has at least 1% of the purchase price being held in Escrow as an Earnest Money Deposit.  If pre-construction, the closing date must be within 60 days from your application date. CPN does not advance commissions to brokers/owners or broker/managers. Investment transactions are acceptable providing they are residential in nature. Land sales are reviewed on a case by case basis. Commercial contracts and contracts where the Government is the Seller under a HUD transaction will be declined. Commissions Paid Now, Inc. reserves the right to accept, reject or modify any application at its sole discretion.

Do I need to complete an application?
Yes, all agents applying for an advance must first set up an account. Click here to fill out an application.

Does my broker need to sign up before I set-up an account?
No. Although, before your Commission Advance funds are sent to you, we will need your designated broker/manager’s authorization.  Upon approval of your Commission Advance application, your Commissions Paid Now contracts will be automatically sent to you via email.  All you have to do is get the appropriate signatures and fax everything back to us. Click here to set up your account now. 

How much of an advance on my commission can I receive?
You can receive up to 100% of your “net earned commission” and up to $7,500.00 as a first time applicant.  Returning applicants can receive up to a maximum of $50,000 per transaction.  We hold 20% of your commission as a Purchase Reserve in the event closing gets delayed.  After closing, the remainder of the Purchase Reserve will be wired back to you.  Commissions Paid Now, Inc. reserves the right to accept, reject or modify any application at its sole discretion. Contact us for an explanation on this and any commissions over $50,000.

Will my personal information be protected?
YES, we respect your privacy and information will not be sold or distributed. Click here to review our Privacy Statement.

How is my Commission Advance paid to me?
Your Advance funds will be paid to you by federal bank wire and usually within 24 hours of CPN receiving your application and verifying all of your supporting documentation.

How much will an advance on my commission cost me?
Our fees are the most competitive and reasonable in the industry.  The cost depends on the number of days until the scheduled closing date.  The fee for a $7,500 advance that closes within 30 days is less than $500.00.  Commissions Paid Now, Inc. reserves the right to accept, reject or modify any application at its sole discretion.  To determine all of the costs associated with your Commission Advance, please use the Advance Calculator below.

Use our Advance Calculator to estimate your costs for receiving an advance.