Concord Commission Advance

What Concord Commission Advance does

Concord Commission Advance, founded in 2015 and headquartered in New York, is a privately held financial services firm that provides non-recourse commission advances to licensed real estate agents. The core service allows agents to receive up to 80% of their pending commission on residential resale, new home, pre-construction, commercial, and lease transactions either at contract signing or earlier for active listings, with repayment automatically executed at closing. Differentiated product features include same-day funding for applications received by 1:00pm EST, no credit checks, a 15-day free grace period for delayed closings, and a Listing Advance that advances against properties not yet under contract.

The technology layer is a web-based portal (apply.concordadvance.com) using SSL-encrypted intake, e-signature document processing, and ACH/wire disbursement, supplemented by phone, text, and email sales support. A public Commission Advance Estimator lets agents model advance amounts, fees, and net commission for deals between $5,000 and $100,000. The company is BBB A+ accredited, has published 197+ Trustindex-verified customer reviews, and reports cumulative scale metrics of 5,000+ agents served and $100M+ in commissions advanced since founding.

Concord monetizes via a discount fee deducted from the agent's commission at closing (transaction/take-rate model with a $325 minimum per transaction), with no upfront cost to the agent. The GTM combines a direct digital sales motion aimed at individual agents with an enterprise/field motion built around mandatory broker sign-off and broker partnership programs spanning major US franchises including Keller Williams, Berkshire Hathaway HomeServices, Compass, eXp Realty, RE/MAX, HomeSmart, Fathom Realty, JPAR, and Anywhere. Marketing is organic-led: an active blog with state-specific agent guides plus social channels on Facebook, LinkedIn, and X/Twitter.

Name

Concord Commission Advance

Legal name

Concord Commission Advance

Website

https://concordadvance.com

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

1–10 employees

Short description

Concord Commission Advance is a privately held New York-based fintech that provides real estate agents with non-recourse advances of up to 80% of pending commissions before closing, monetizing via discount fees and serving individual agents and major US brokerages.

Ownership category

akta.pro rank

Product category

Real Estate Commission Advance Financing

NAICS

Sales Financing (52222), Sales Financing (522220)

SIC

Finance Lessors (6172)

akta.pro industry

PRIMARYFSAKAMAM

Late Fee / Bill-Pay Advance Products

Financial & Insurance/Lending & Consumer Finance/Payday Loans & Short-Term Credit

SECONDARYFSAKAMAH

Refund Anticipation Loans (RAL) & Tax Advance Credit

Financial & Insurance/Lending & Consumer Finance/Payday Loans & Short-Term Credit

Keywords

• Real estate commission advance
• Commission financing
• Agent cash flow solutions
• Real estate factoring
• Pre-closing commission lending

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Technology or R&D, Marketing or Sales, Personnel

Revenue model

1. Commission Advance Fees: Concord charges a discount fee on the portion of commission advanced to the agent. Fees are based on the commission amount purchased and vary by transaction type and timing. The company earns revenue as a flat fee or percentage deducted from the advance at closing, with no upfront cost to the agent — the fee is paid from the commission proceeds at closing.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels6 records

Core offering

Concord Commission Advance provides commission advance financing to licensed real estate agents, allowing them to access up to 80% of their pending commission before a transaction closes. The company charges a discount fee deducted from the advance, with repayment automatically collected at closing, and supports residential resale, new construction, commercial, and lease transactions across the United States.

Product overview

Concord Commission Advance offers a single core product: commission advance services for real estate agents. The service allows agents to access up to 80% of their pending commission before closing, with same-day funding, no credit checks, and automatic repayment at closing. The product suite includes a standard Commission Advance for post-contract transactions, a Listing Advance for pre-contract access, and a Commission Advance Estimator tool for calculating potential advances. Broker partners can integrate these services through a partnership program that requires broker approval but carries no liability for the brokerage.

Differentiator

Problem solved

Functional benefit

Products and services

• Commission Advance Service A financial service that allows licensed real estate agents to access up to 80% of their earned commission before a transaction closes. Concord pays the agent an advance in exchange for a discount fee, with repayment automatically deducted from the commission at closing. Available nationwide for residential resale, new construction, commercial, and lease deals.
• Listing Advance An advance product that allows real estate agents to access capital against an active listing before the property is under contract. The balance is repaid from the agent's next closing (even if it is a different deal), with fees remaining the same for 60 days.

Quantifiable outcome

• Same-day approval and funding for applications received by 1:00pm EST
• +3 more outcomes

Named customers9 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Nine partnerships are on record, tiered core and major.

• Keller WilliamscoreChannel Partner/ Reseller/ DistributorKeller Williams is a major national real estate brokerage franchise. Concord Commission Advance is a trusted commission advance provider for Keller Williams agents, with the brokerage network serving as a distribution channel for Concord's services across thousands of KW offices nationwide.
• Berkshire Hathaway HomeServicescoreChannel Partner/ Reseller/ DistributorBerkshire Hathaway HomeServices is one of the largest real estate brokerage brands in the United States. Concord Advance provides commission advance services to Berkshire Hathaway agents, leveraging the brand's national presence for agent reach.
• Compass (Real Estate)coreChannel Partner/ Reseller/ DistributorCompass is a technology-driven national real estate brokerage. Concord Advance serves as a cash flow partner for Compass agents, with their logo appearing in Concord's 'Who We Work With' section on the main website.
• eXp RealtycoreChannel Partner/ Reseller/ DistributoreXp Realty is a cloud-based national real estate brokerage operating with a unique agent ownership model. Concord Advance is a listed partner for eXp agents, providing commission advance services.
• RE/MAXcoreChannel Partner/ Reseller/ DistributorRE/MAX is one of the most recognized real estate brokerage brands globally with a large agent network. Concord Advance provides commission advance services to RE/MAX agents.
• HomeSmartmajorChannel Partner/ Reseller/ DistributorHomeSmart is a national real estate brokerage whose agents use Concord's commission advance services for cash flow management.
• Fathom RealtymajorChannel Partner/ Reseller/ DistributorFathom Realty is a national real estate brokerage. Concord Advance services are available to Fathom Realty agents, as evidenced by their logo in Concord's partner section.
• JPAR Real EstatemajorChannel Partner/ Reseller/ DistributorJPAR Real Estate is a national real estate brand. Concord Advance is a listed partner serving JPAR agents with commission advance solutions.
• Anywhere (formerly Anywhere Brands)coreChannel Partner/ Reseller/ DistributorAnywhere is one of the largest real estate brokerage franchises in the U.S., operating brands including Better Homes and Gardens Real Estate, Century 21, and Coldwell Banker. Concord Advance is listed as a partner for Anywhere agents.

Scale indicators5 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• National Western Financial: Commission advance and receivables-based financing company serving real estate professionals. Competes in the same advance-against-commission niche with similar nationwide reach.
• Commission Express: Direct competitor offering commission advances to real estate agents with same-day funding and similar advance-percentage structures. Operates in the same niche serving independent agents and brokerages across the U.S.
• Cherry Creek Funding: Specialty commission advance provider for real estate agents, offering similar pre-closing cash flow products. Closely comparable in product design and target customer.
• Rank One Funding: Direct commission advance competitor providing short-term funding against pending real estate commissions, with comparable agent-focused positioning and pricing structures.
• Commissions Advance Inc: Direct peer providing commission advances to real estate agents with same-day funding and broker partnership programs — overlapping product, customer, and distribution model with Concord.

Broad incumbents

• Better.com: Digital mortgage and real estate fintech that, while primarily a lender, targets the same agent/broker ecosystem and could expand into commission advance or working-capital products for agents.
• Fundbox: Fintech offering working-capital advances and invoice/receivables-based credit to small businesses. Overlaps with commission advance conceptually as a receivables-financing product for independent contractors.
• Lendio: Small business lending marketplace offering various credit products including advances and lines of credit. Competes more broadly for agent working-capital demand that could otherwise route to commission advance.
• Kabbage (American Express): Small business working-capital and line-of-credit provider now owned by American Express. Serves independent contractors and agents with similar cash-flow needs as commission advance customers.
• BlueVine: Online lender providing working capital, lines of credit, and invoice factoring to small businesses. Adjacent competitor for agent working-capital demand outside the niche commission-advance product.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/ConcordAdvance
• Facebookfacebook.com/ConcordAdvance
• LinkedInlinkedin.com/company/concord-commission-advance/about

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Concord Commission Advance