Access your upfront commission in 3 simple steps:
Step 1: Log in to your broker portal and Go to 'Access Funds' on the left menu bar.
Click on 'Get started' and fill out your details as part of the application process. This will include your business details and the upfront (excluding trail) commission you would like to receive.
Hit submit when you're done.
Step 2: Possibl team will contact you to set up your account and go through some simple checks to validate who you are.
This will only be done the first time you interact with Possibl, with ongoing advance commission requests taking place digitally.
Step 3: Once a commission is lodged the team will advance you your funds the next business day.
Pay back the loan amount plus a small fixed fee after you have received payment from your associated financial provider.
Possibl also offers a broad suite of products to help your customers and partners
- Deposit unlock: For customers who have already sold their property but need access to funds for their next property purchase, Possibl can unlock up to $100,000 from their deposit minus the vendor’s agent commission on exchange. No upfront fees, with repayment at settlement.
- Vendor sales product: For any customers who are selling their property and need access to funds to either help them get to market (think cleaning to styling, advertising and more) or cover the financial requirements between this property and their next. Get up to $60,000 with nothing due upfront, repay on settlement with up to 120 days access.
- Agent commission: Working with agents who also want to get paid faster? We’ve got them covered. Access up to $45,000 on exchange with repayment at settlement.
- Conveyancers: Conveyancers can wait up to 120 days to get paid which is why we also have a solution for them. Providing access to estimated conveyancing fees to improve cashflow.
***Please note: Brokers can advance up to $100k upfront commission per transaction. The upfront amount varies for each broker depending on Possibl’s approval amount and history. Approval is subject to Possibl's lending discretion.
If you have any questions about this integration, please drop us a line firstname.lastname@example.org.