Real Brokerage has introduced Real Wallet Capital, a lending product providing its U.S. real estate agents with access to working capital through its digital platform.
The program, operating within the reZEN software platform, utilizes agent performance data to determine credit eligibility and loan amounts.
"We believe Capital brings embedded finance to the real estate industry for the first time, giving eligible agents same-day access to the funds they need when they need them, without the headaches of traditional lending," said Tamir Poleg, chairman and CEO of Real.
Leaders noted that this marks the first use of embedded lending technology in the residential brokerage industry.
Author's summary: Real Brokerage launches Real Wallet Capital for agents access.