Commission Express

Commission advances for real estate agents and brokers

John L Stedman and Joseph M. Giovannelli founded Commission Express, based in Fairfax, Virginia, in 1992.

With most real estate transactions, an agent waits between 30 and 90 days to receive his or her commission. In the meantime, the agent still has to cover the costs of running an office and paying employees. Commission Express franchisees essentially offer agents cash advances by purchasing an agent's outstanding commissions at a discount. When the home purchase is completed and the commission is received, Commission Express withholds between 8 and 14 percent in fees. Franchisees provide their own capital to purchase the commissions.

Please Note: The operators of Commission Express, may not have verified the accuracy of the Franchise information contained within this website. For accurate up-to-date information, customers are strongly recommended to visit the official Commission Express website.

Start-up Costs & Franchises Fees

How much does it cost to open a Commission Express Franchises?

Total Investment: $88,300-$182,500
Initial Franchise Fee: $15,000-$60,000
Royalty Fee: Varies
Advertising Fee:
Term of Agreement: 10 years

How to contact Commission Express

Franchise History

When did the first Commission Express open? 1992
When did Commission Express start Franching? 1996

Year	U.S.A.	Canada	International	Corporate
2005	64	0	0	1
2004	60	0	0	1
2003	50	0	0	1
2002	43	0	0	1
2001	35	0	0	1

Expansion Plans

International:

Financing Options

Expense	In-House	Third Party
Franchise Fee	No	No
Startup Costs	No	No
Equipment	No	No
Inventory	No	No
Accounts Receivable	No	No
Payroll	No	No

Training & Support

Support
Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations

Marketing
Co-op advertising, Ad slicks, National media, Regional advertising

Business Operations

15% of all franchisees own more than one unit

Number of employees needed to run franchised unit: 1

Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

Qualifications & Business Experience

Business Experience:

General business experience

Related Franchise Categories

• Real Estate Franchise Opportunities
• Franchises $50K to $100K

Listing Tags

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Legal Disclaimer: This information is not a franchise offering for Commission Express and should not be construed as such. TheFranchiseMall.com makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recommend that anyone seriously interested in pursuing a Commission Express franchise opportunity, review that franchise's Uniform Franchise Offering Circular (UFOC) with an attorney and accountant.