Frequently Asked Questions for Agents

Client VPA and POP
Listing Credit
Commission Factoring

Client Vendor Paid Advertising and Presentation of Property Credit

What are the minimum and maximum amount Property Credit will fund?

  • Property Advertising funding is minimum $750 - maximum $30,000
  • Presentation of Property funding is minimum $750 - maximum $30,000
  • Maximum combined Advertising and Presentation of property is $60,000 or 1.5% of the value of the property (whichever is lower)
  • Higher Amounts are available, subject to special application - contact us for further information

Can the property owner apply for additional funds?

Yes, anytime while they are still committed to selling their property.

What is the cost?

Costs can vary subject to location of the property and the advertising budget, please click here to access our estimator

Can I borrow only part of the Advertising/Improvement Cost?

Yes, you can borrow all or part of these costs (subject to minimum amounts noted above)

Who can use Property Credit for funding Advertising and/or home improvements?

Applicants must be actively selling their property and have signed with an exclusive agent/agency.

What are the minimum and maximum loan terms?

No minimum. Maximum is 180 days (6 months)

How long does it take to get funding?

Subject to us receiving all the necessary information, in as little as 24 hours

Is Property Credit a Real Estate Agency?

No. We are a finance company offering financial products to real estate professionals and their clients.

What happens if I don’t sell the Vendor’s property within 180 days?

The loan will have to be repaid or a rollover application (fees may apply) can be completed prior to the expiry of 180 days.

Listing Credit

What is the minimum & maximum amount Property Credit will fund through Listing Credit (LC)?

  • The minimum amount is $350 for any single exclusive agreement

  • The maximum amount is $750 for any single exclusive agreement

Can I apply for additional funds?

Yes, but you can only apply each time you sign up a new Exclusive Agreement.

What is the cost?

Costs can vary, please click here to access the estimator

When will I have to repay the Listing Credit amount?

Repayment is required in 60 days however if you need more time Property Credit can offer another 30 days interest-free, at which time it must be repaid in full. No early repayment fees apply.

Who can access funding through Listing Credit?

This service is exclusive to Real Estate/Sales Agents. You cannot access Listing Credit without a Valid Real Estate/Sales License

What is the maximum loan term?

Maximum is 90 days (3 months)

How long does it take to get funding?

48 hours

Is Property Credit a Real Estate Agency?

No. We are a finance company offering financial products to real estate professionals and their clients.

What happens if I don’t repay the amount of Listing Credit borrowed in 90 days?

The loan must be repaid otherwise it will be deemed as default.

Commission Factoring

What is the minimum & maximum amount Property Credit will fund through Commission Factoring?

  • The minimum amount of Commission funded in advance is $1,000 for any single Contract of Sale
  • The minimum amount of Commission funded in advance is $50,000 for any single Contract of Sale

What is the Maximum Amount of Commission I can access in advance?

80% of the commission owed to you through a Contract of Sale.

What is the cost?

Costs can vary, please click here to access the estimator

When will I have to repay the Commission Factoring amount?

Repayment is made on the settlement of the property sold but can be repaid anytime beforehand with no early repayment fees.

Who can access Commission Factoring through Property Credit?

This service is exclusive to Real Estate Agents and Agencies. You cannot access Commission Factoring without a Valid Real Estate Sales License and a valid Contract of Sale.

What is the maximum loan term?

Maximum is 180 days (6 months)

How long does it take to get funding?

48 hours

Is Property Credit a Real Estate Agency?

No. We are a finance company offering financial products to real estate professionals and their clients.

What happens if I don’t repay the amount of Commission Factored (borrowed) in 180 days?

The loan will have to be repaid or a rollover application (fees may apply) can be completed prior to the expiry of 180 days.

Agency Appointment Forms & Brochures

Download the Agency Appointment Form Annexure for your State or Territory and promotional brochures for agents.
View Downloads

© 2020–2021 Property Credit • ABN 93 638 329 674 • Australian Credit Licence No. 528878.

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