Revive Responds to COVID-19 Crisis By Launching Accelerated Earnings for Real Estate Agents

IRVINE, Calif. - April 8, 2020 - PRLog -- Revive announced today the release of its new accelerated earnings program to help real estate agents during the COVID-19 pandemic.

While the U.S. Department of Homeland Security's Cybersecurity and Infrastructure Security Agency recently updated its list of essential services to include real estate, agents are still feeling the effect the coronavirus has had on buyers and sellers. As open houses have halted and both homeowners and buyers consider postponing their searches, agents are scrambling to keep their remaining clients and close sales.

"This pandemic is unprecedented," said Michael Alladawi, founder of Revive, "and as a business owner of a company that aims to empower agents, I want to make sure we are stepping up to invest in our partners until this crisis is behind us." Alladawi also believes the effects of COVID-19 will be felt long after the initial storm has passed. He continues, "This deep disruption will likely take six months to  two years to recover from. In the meantime, the accelerated earnings program will be available to agents as long as necessary."

After a home is in escrow and contingencies are removed, an agent still has to wait an average of 30 to 45 days for the transaction to complete before they can access their commission. Through the accelerated earnings program, agents using the Revive platform have the option to access 50 percent of their commission as soon as all the contingencies have been removed with no interest or hidden fees. This program will be made available immediately for all agents using the Revive platform.

About Revive: Located in Irvine, California, Revive is a real estate company focused on agent empowerment. By fronting the cost of pre-sale home improvements without any hidden fees, interest, or markups to the seller, Revive enables agents who partner with the company to meet the needs of both today's buyers and sellers. To learn more about Revive, visit https://www.iloverevive.com/