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.

The total investment necessary to begin operation of a Commission Express franchised business with a protected development territory ranges from $172,300 to $301,500. This includes $10,000 (for a small
territory), $25,000 (for a medium territory) or $50,000 (for a large
territory) that must be paid to the franchisor.

The total investment necessary to begin operation of a Commission Express franchised business with an open market development territory ranges from $112,800 to $192,500. This includes $25,000 that must be
paid to the franchisor.

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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 investment required to open a Commission Express Franchise is between $112,800-$301,500. 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:
$112,800-$301,500
Initial Franchise Fee:
$15,000-$60,000
Royalty Fee:
Varies
Advertising Fee:
N/A
Term of Agreement:
10 years

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Commission Express Franchise Growth History

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

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

Commission Express Franchise 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 Experiences

Business Experience:

General business experience

How much does a Commission Express Franchise owner make?

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.

Listing Tags

commission express, commission advance, real estate, entrepreneur, cash flow, finance, accounts receivable

Commission Express Franchise Opportunity viewed 11925 times by investors.

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.