Cash Advance Qualification Criteria
Relive’s Cash Advances program lets eligible agents request a cash advance on specific invoices with no fees or interest. It’s designed to help with short-term cash flow while you wait for commissions to be paid.
Who Qualifies
You must meet ALL of the following to qualify:
1) Production Volume (90-Day Lookback)
To qualify, you must be an active producer. You must have closed at least $5,000 in total volume (total lease/rent amount) within the last 90 days.
2) The $2,500 Limit
Think of the $2,500 limit as the total amount of money you can have coming to you in any 30-day period, from any source. This includes cash advances and regular commission payments combined.
Once your total payments in the last 30 days reach $2,500, you've hit your limit and can't request additional advances. As soon as your total drops below $2,500, you can request advances again, up to whatever room is left.
Your cap doesn't reset all at once. Each payment refreshes on its own, exactly 30 days after you received it. As an old payment "ages out" of the 30-day window, that amount becomes available again.
3) Proof of move-in
We cannot advance funds on a "handshake”. You must upload valid proof that your client has physically moved into the property. Accepted proof includes:
- Message from the property or the client (email or text is fine)
- Note: All proof must be dated on or after the actual move-in date.
How it Works: The "Refresh" Example
Let’s look at how Agent Sarah’s limit refreshes over time:
- Jan 10: Sarah receives a $1,000 payment.
- Jan 20: Sarah receives a $1,500 payment.
- Total in last 30 days: $2,500. Sarah is now at her limit and cannot request more in cash advances.
Refresh:
- Feb 9: Sarah still has $2,500 on her record from the last 30 days. Her limit is still $0.
- Feb 10: The $1,000 payment from Jan 10th is now older than 30 days. Sarah can now request up to $1,000 in new cash advances.
- Feb 20: The $1,500 payment from Jan 20th is now older than 30 days. Sarah can now request up to $1,500 in new cash advances.
Summary:
Think of your $2,500 limit like a battery. Every payment you receive, advance or commission, drains it. Exactly 30 days after each one, that portion recharges and becomes available again.