Commission Express Franchise

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.

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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, investors are strongly recommended to visit the official Commission Express website.

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

The estimated investment required to open a Commission Express Franchise is between $94,300-$213,500. There is an initial franchise fee of $15,000-$60,000 which grants you the license to run a business under the Commission Express name.

Individual Unit Costs

  • Initial Investment:
    $94,300-$213,500
  • Initial Franchise Fee:
    $15,000-$60,000
  • Royalty Fee:
    Varies
  • Advertising Fee:
    N/A
  • Term of Agreement:
    10 years



Click here to compare with
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When did the first Commission Express open? 1992
When did Commission Express start Franchising? 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
Year U.S.A.
2005 64
2004 60
2003 50
2002 43
2001 35
Year Canada
2005 0
2004 0
2003 0
2002 0
2001 0
Year International
2005 0
2004 0
2003 0
2002 0
2001 0
Year Corporate
2005 1
2004 1
2003 1
2002 1
2001 1
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

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

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

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)

Business Experience:

  • General business experience

  • To calculate how much income a franchise owner can do at Commission Express Franchise, may vary on factors like location, size etc., On the other side as a business owner your goals to maintain the quality of service while streaming sales high and expenses low. As any other franchise may include rent/mortgage, staffing/family, inventory supplies, utilities, administrative costs vise vera. Location to location and seasons the months costs may vary. Most franchises start up costs are typically fixed and they will cover most of the initial operating costs like signage, furniture, decoration and renovations.

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    Legal Disclaimer: This information is not a franchise offering for Commission Express and should not be construed as such. The Franchise Mall 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 Franchise Disclosure Document (FDD) with an attorney and accountant.

    Commission Express

    Commission Express

    Commission Express
    8306 Professional Hill Dr.
    Fairfax, VA
    22031

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