Opting for single-check payment offers a streamlined approach
- For seamless integration with your Real Wallet, consider opting in to single-check payment. This means that the full commission is remitted to Real, and then disbursed directly into your Real Wallet Business Checking Account.
- Choosing single check provides a centralized way to manage your earnings within your Real Wallet. From there, you can easily transfer funds as needed using the "Send Money" option.
- Ability to access the Real Wallet Capital offering. See: Real Wallet Capital
- Real Wallet Rewards are issued to those with a Real Wallet Business checking account by way of using the card for transactions. See: Real Wallet Rewards
To switch to single-check payment:
- Go to My Dashboard in reZEN.
- Click on the Payment Settings tab.
- Click the button to Opt-In to Single Check.
- Confirm your selection.
- Keep in mind that this change will apply to all your transactions in all states where you are licensed. If you wish to revert to split payments, you will need to contact Real Support.
With split check, while permitted in some states, your commission is paid directly to you at closing. If you are set up for split check in reZEN, this process remains even if you have sign up for a Real Wallet business checking account. Your commissions can not be sent to a Real Wallet business checking account unless this is removed.
If further assistance is needed, please reach out to wallet@therealbrokerage.com.
The Real Brokerage is a real estate technology company and is not an FDIC-insured bank. Banking services provided by Thread Bank, Member FDIC. FDIC Insurance available for funds on deposit through Thread Bank, Member FDIC. FDIC deposit insurance covers the failure of an insured bank. The Real Wallet Visa debit card is issued by Thread Bank, Member FDIC, pursuant to a license from Visa U.S.A. Inc. and may be used anywhere Visa cards are accepted. Certain conditions must be satisfied for pass-through deposit insurance coverage to apply.
Your deposits qualify for up to $3,000,000 in FDIC insurance coverage when Thread Bank places them at program banks in its deposit sweep program. Your deposits at each program bank become eligible for FDIC insurance up to $250,000, inclusive of any other deposits you may already hold at the bank in the same ownership capacity. You can access the terms and conditions of the sweep program at https://thread.bank/sweep-disclosure/ and a list of program banks at https://thread.bank/program-banks/. Please contact customerservice@thread.bank with questions on the sweep program. Pass-through insurance coverage is subject to conditions.