Updates to Your Real Wallet Line of Credit

We’re making a few updates to make the Line of Credit even easier to manage for Real agents in Canada.

Here’s what’s changing:

✅ Daily balance updates. 

Instead of monthly statements, interest will now post daily so you can always see your exact outstanding balance. (Interest starts accruing the day after your payout.)

✅ Monthly payment notices. 

You’ll receive a clear payment notice each month outlining what’s due, when it’s due, and how to pay.

✅ Simpler payment options coming soon. 

We know mailing cheques/checks isn’t ideal—we’re actively working on adding electronic payment options.

These updates are designed to make managing your Real Wallet Line of Credit a little more straightforward. 

Because we want to offer you as much as possible, your available borrowing amount adjusts weekly based on your listings and revenue share activity. It’s completely normal for that amount to fluctuate as your business grows and evolves—just something to keep in mind when planning a purchase.