Your Expert on Managing Cash - Michael Goodheim

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Services for Real Estate Pros - Commission Express of Western Washington
Commission advance, commission draw, cash flow management, Commission Express, Seattle, Tacoma, Bellingham, Olympia, Bellevue, Everett, factor of receivables
RECENT BLOG POSTS
Understanding and Avoiding Bank Deposit Holds Making a deposit in your bank or credit union account often is only the first step in having access to your funds.  Sometimes it may appear that your bank is playing keep-away with your money when they place holds on your deposits.  In fact, there are...
08/26/2013
A Brief Commission Advance Story Jane is a broker who is a very busy professional - she serves both sellers and buyers, she takes on the occasional short sale, she is diligent about networking and keeping in touch with past and potential clients.  As a result, Jane earns more than $100,000 in rea...
05/03/2012
Who the Heck is this Commission Advance Company? You get lots of offers in the mail - from vendors that say they will help you with your real estate business.  You get emails, postcards, phone calls - some of them you've heard of, some of them you know.  But most of them are companies you have ne...
12/28/2011
Five Tips for Timing a Commission Advance Small Business owners are inherently risk takers - they choose to chart their own path to reap the rewards of business ownership.  But making the decision to increase your business investment, either through investors or debt, can be difficult.  For real ...
09/13/2011
Business Opportunities Call for a Commission Advance I got a call a couple of weeks ago from an agent who was seeking a $5,000 commission advance on a pending transaction.  While $5,000 is a bit above average for an advance, it is not uncommon.  But then the agent proceeded to tell me what they p...
06/24/2011
Not all Commission Advance Companies are Alike There are two truths in the real estate business 1) There will always be buyers and sellers of homes 2) Real estate agents will always need cash flow to help their clients buy and sell homes   And thus, commission advances were invented – first by br...
05/12/2011
Anatomy of a Commission Advance  As a factor of commission receivables, you can imagine that I hear from a wide variety of agents and brokers with cash flow needs. There are three questions (besides “What does it cost”) that are typically asked of me by new customers:1) How does it work?2) What h...
12/28/2010
The Fed came out with it's monthly data on consumer debt and the data shows what we already sense - that consumers continue to pay down their debt levels after a significant orgy in the past decade.  The national weaning off of the debt addiction is coinciding with a sustained increase in savings...
11/09/2010
One of the more challenging aspects of the real estate market is uneven rate of closings – even without the government tax credits, closings appear to come in spurts and never when they agents need them to pay their monthly business expenses. The added complication of predicting when a transactio...
10/13/2010
There is little doubt that agents are having to learn new skills to survive the delays that are taking place in closings.  Of course, short sales approval timelines have created an entirely new dynamic in the real estate market - placing any expected settlement date on these purchase and sale agr...
06/23/2010
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Michael Goodheim

Cash Flow Expert for Real Estate Pros
local_phone(206) 829-2440
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