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[-] Commission advances? Now this is scarey - CHARLENE  PERRY/MD (1 reply)
12/28/2011 2:18:30 PM (4242 views)

I read this today and I was scared to death! 

It appears that Realtors in escrow states have resorted to getting advances on their commission by way of a lender that operates similarly to a pay day lender. 

I realize that comissions are sometimes sporadic, but that is the nature of the real estate business and that is something you, as a small business owner, must be able to manage.  This concept, while novel, is very scary considering the number of closings that DON'T make it to the table. 

Has anyone else ever heard of this? http://activerain.com/blogsview/2597283/Cash-strapped%20agents%20turn%20to%20escrow%20for%20advances%20A%20little-known%20service%20helps%20pays%20the%20bills%20between%20long%20closings

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Re: Commission advances? Now this is scarey - Victoria Moate/NJ
2/20/2012 7:48:39 PM (2185 views)

[+] Texas Cash out - LORRAINE CHRISTOPHER/TX (3 replies)
12/27/2011 5:24:03 PM (2563 views)

[+] Express National - Las Vegas non-pay - Anita Binns/IL (15 replies)
12/27/2011 2:26:05 PM (4859 views)

Findthefraud.com - Leigh Attridge/MA
12/22/2011 12:11:27 PM (4372 views)

[+] Abstrax - Deborah Jackson/GA (6 replies)
12/22/2011 11:12:53 AM (3354 views)


Real Title Services


335 Million Settlement on C'wide Lending Bias - Leigh Attridge/MA
12/21/2011 6:58:31 PM (3740 views)

[+] Schey v Johnson teardown in Mhead - Leigh Attridge/MA (2 replies)
12/20/2011 4:28:14 PM (4545 views)

[+] Comment on "Rich Bank, Poor Bank" - Source of Title/OH (2 replies)
12/20/2011 1:56:32 PM (2349 views)

[+] Global Data & Need To Know/Search The Nation - Pam Effinger/VA (5 replies)
12/19/2011 12:13:37 PM (2886 views)

[+] Email Scam Heads-Up - Scott Perry/PA (1 reply)
12/17/2011 12:22:53 PM (3872 views)

Rethinking How the Law is Taught - Leigh Attridge/MA
12/17/2011 8:07:18 AM (3928 views)

If you wonder why I sound frustrated when you call me...... - CHARLENE  PERRY/MD
12/15/2011 3:43:26 PM (2485 views)

[+] Rush for Gas Rights Ignites Battle for Control of Land - Leigh Attridge/MA (1 reply)
12/14/2011 5:18:05 PM (4213 views)

[+] Dodd-Frank and QRM's - CHARLENE  PERRY/MD (3 replies)
12/13/2011 2:22:35 PM (2880 views)

[+] Comment on "PA Government Official Arrested for Lying about Connection to Title Company" - Source of Title/OH (2 replies)
12/12/2011 12:47:41 PM (2539 views)


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