Why I started Commission FlowClients often ask me about my motivations for establishing Commission Flow. To set up in any business and remain engaged and driven in your endeavours requires passion. It requires a ‘why’. Each and every time I get asked this question, it gets me thinking about my own ‘why’.

I’ve been in the real estate business for quarter of a century and I’m deeply passionate about it. During this time, I’ve witnessed first-hand the trials and tribulations of running a business, obtaining finance and juggling all the associated operational aspects too.  As CEO of Commission Flow, I’m lucky enough to continue indulging in my love for real estate, whilst helping others build successful and financially sustainable businesses.

Here are the reasons for setting up Commission Flow:

I knew I could make a difference

Making a difference is my ‘why’.Making a difference to real estate agents is what drives me, every single day. I’ve been in your shoes and sometimes they feel a little tight. It means a great deal to have someone who understands your industry – someone to help you find solutions to common problems and limitations.  Not just finance, but other aspects too.

Real estate is highly competitive and it delights me to know that I’m helping agents do more than keep their head above water. That’s why you’ll find weekly updates from us on this blog and why I also contribute my ideas and advice monthly at REB Online.

I wanted to offer a refreshing alternative to traditional finance

It can be tedious dealing with the Bank Manager on rigid overdraft facilities, getting penalised for small oversights and sifting through lengthy application processes. Not only is this time consuming, it’s also a drain on your agency.

I wanted to introduce a flexible and friendly advance commission service that’s there to call on, as real estate agents need it. No contracts, no fuss. That’s why we only have one approval process – we know you don’t have time to jump through hoops every time you need a short-term liquidity boost.

As a real estate agent, I was underwhelmed

When I was in your shoes, I used an advance commission arrangement to help me manage the ups and downs of cash flow. What I found, was poor service, inflexible pricing and a less than average customer ethos. I knew there had to be a better, more boutique approach to finance.

Same-day commission is liquid gold

Cash flow is a critical component to agency survival and even the most thriving agencies can struggle with the lengthy wait for commission. By offering same-day commission payments, I believe Commission Flow is offering invaluable support – and possibly bridging the gap between success and failure. There’s nothing more rewarding to me, than being a part of the solution to cash flow woes.

I wanted to create a genuine partnership

If you’ve already worked with us on an advance commission arrangement, you will have noticed that we don’t act like your typical lender. We like to think of ourselves as partners to your business and there to help out where we can. That’s why you’ll get no heavy sell or intrusive questioning. We’re here as your extended team, to offer you support and advice.

Are you on the cusp of starting your own real estate agency? Perhaps you’re up and running but finding it a weekly struggle. Remember your ‘why’ and you’ll tap into your internal resources and wisdom.  Or, if you need any help with the operational aspects of running your agency, you can reach us at 1800 003 569.

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About 

Justin Steer is a real estate finance expert with nearly 20 years’ experience running businesses involved in the sale and management of both residential and commercial property. All content written in these blogs is by Justin, who is passionate about sharing his knowledge and insights in helping real estate agents create the financial freedom to grow.

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Commission Advances: Everything You Need To Know

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