Blog Post
Commission Express Mainline Provides Real Estate Professionals with Early Access to Earned Fees
Mar 04, 2020
Commission Express Mainline ("CE Mainline") is a Pennsylvania based company that provides financing to real estate agents and brokers on their expected fees from pending sales. Formerly known as Accel Commission Advance, CE Mainline
is uniquely focused on PA and DE real estate professionals who are interested in using their earned fees to take their businesses to the next level. It’s a subsidiary of Balanced Bridge Funding, LLC
(“Balanced Bridge”) which is a firm that provides financing to plaintiffs’ attorneys, athletes, government contractors, and class action recovery firms.
“Our experience in this space allows us to quickly assess and provide quick real estate commission advances to real estate professionals,” says Joseph Genovesi, CEO of Balanced Bridge. “Our association with Commission Express helps cement that with their strong brand in the real estate broker and agent community.”
Real estate can be both a time consuming and capital intensive endeavor. Once an agent is chosen, they are already spending money. From showings, advertising, networking events, travel, documentation, the costs add up very quickly. Once a house enters into a contract, there can still be surprises that hold up the process.
Transactions sometimes take longer to close than anticipated, so a funding solution that CE Mainline provides could be advantageous and timely. It can prevent a real estate professional from getting held up on waiting for their fee on a single deal. Recently, arguably the premier real estate publication in the country, The Real Deal, published an article
from CE Mainline about real estate commission advances and how they work.
Right now, the economy is good and unemployment is at its lowest level. A good economy can mean more people with money that may be interested in purchasing a home. Realtor.com recently published an article
that stated there is huge buyer demand in the housing market. Real estate brokers and agents cannot afford to be static waiting for the fees from a particular transaction when they could be working on their next sale. In addition to the sound economy, it has been widely reported that many baby boomers are downsizing their lifestyles and selling their homes.
CE Mainline maintains affiliations with different real estate organizations like the Suburban West Realtors County Association. In the past the company was affiliated with the Bucks County, Montgomery County, Kent County, and Sussex County associations. CE Mainline has also started a new partnership program with real estate brokers and agents. Real estate professionals interested in funding can contact CE Mainline to understand how their commission advance product works. Funding amounts start at $3,000 and increase from there.
Through CE Mainline, real estate agents and brokers can use the funding to help grow their businesses. It’s a convenient way to avoid waiting on payment and allows them the ability to take care of any pending lingering issues. Interested real estate professionals can fill out an application
or call 267-769-0747
and speak to a representative about the funding process. Real estate agents and brokers can also email mainline@commissionexpress.com
to inquire about commission advances.
The plaintiffs and the estate of Jeffrey Epstein have reached a settlement to provide compensation for the treatment they claim they suffered at the hands of the deceased Epstein. A federal judge in the Virgin Islands approved the settlement.
Universal Health Systems (UHS) agreed to pay $117 million to settle allegations of overbilling. Whistleblowers who were part of the investigation are to receive over $15 million for their part in exposing UHS.
Balanced Bridge can offer funding to plaintiffs’ and plaintiffs’ attorneys involved in settled cases against Harvey Weinstein and The Weinstein company. We can provide funding on the fees owed to the attorneys and on the awards the plaintiffs will receive . Once you know the amount you are to receive from the settlement, Balanced Bridge can provide an upfront portion of the amount due for you to use at your discretion. Harvey Weinstein was a famous producer in Hollywood. Many of the movies he was associated with are considered classics and some examples of great filmmaking. However, in recent years his reputation and livelihood were tarnished due to his alleged behavior he was accused of. The last few years, Weinstein’s fall from grace includes charges of sexual harassment, sexual abuse, rape against multiples of women. Many of the accusers are women he allegedly tried to give acting jobs too, high profile actresses, and even some assistants. Arguably, the start of his decline began with a recorded interaction between Weinstein and a lesser known actress that was everywhere. From there the floodgates seemed to open with accusations piling up and stories about his alleged behavior all over the news. Recently, a federal judge threw out a $25 million settlement agreement between the plaintiffs’ and Bob Weinstein. According to news stories about the judge’s action, he called the agreement obnoxious because it covered the legal fees for Weinstein and his brother Bob and other board members of the company. In addition, it was reported the agreement did not include him taking responsibility for his actions. The Hollywood Reporter published a story about the details of the collapse. The settlement would have created a compensation fund for the victims for over 30 accusers and any future claimants. It would also have settled all the lawsuits against Weinstein and his company. However, The Weinstein Company is now in bankruptcy and that could complicate matters when it comes to reaching a settlement. The Wall Street Journal reported bankruptcy attorneys are trying to salvage the settlement. There is a lot of financial uncertainty, and creditors will be fighting amongst themselves to determine who gets paid first. Weinstein is currently in a New York state prison serving over 20 years after being found guilty of rape. He is due to face similar allegations in a California court. Balanced Bridge Funding has experience providing funding to plaintiffs with sexual abuse cases ., as well as to the attorneys representing them. For more information, please call one of our legal finance specialists at 267-457-4540, or fill out our quick form application .
This blog post highlights 3 techniques that real estate agents and brokers can use when dealing with angry, irrational clients.
There appears to be some light at the end of the tunnel to the litigation involving Roundup. Numerous news outlets have reported the close to $11 billion settlement Bayer AG reached with plaintiffs over legal claims against the drug.
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