What is pre-cap equity contribution?

The pre-cap equity contribution reflects the amount of your commission set aside to purchase Real Stock. The Stock Purchase Plan is an exciting opportunity to invest in their future and develop an equity stake in the company they are helping to build and grow. 

How it works:

• First, you need to opt into the stock purchase plan. You may have done this when you joined Real. If not, you can email support@therealbrokerage.com to get set up. 
• Before you cap, Real deducts 5% of every transaction, net of any fees, to invest in the stock program. This is called a "pre-cap equity contribution."
• Once you cap, you can contribute 10% of commission income. This is called the "post-cap equity contribution." 
• Every month, Real purchases shares on your behalf and deposits them into your Shareworks account. Shares are purchased based on the closing fair market value on the last trading day of the month. 

All shares in this program are Restricted Stock Units (RSUs) and have a 1-year vesting period. This means you must wait 1 year to sell the stock. See: What is a vesting period? 

Also, there is a maximum amount you can contribute each year:

Learn more about Real's Stock & Equity Programs: How does equity (stock) work at Real?