AgentPay allows agencies to access the value of their commission on exchanged/unconditional sales contracts earlier than waiting for a property sale to settle.

Agencies can use AgentPay as a working capital solution, or as a value-add service for individual agents.

AgentPay is accessible to agencies onboarded with Rello. Agreements can be created from the Rello portal, or via integrated partners.

Information required typically includes:

Rello will disburse approved funds to any bank account nominated by the agency, however the agency retains liability for repayment.

Off-the-plan sales are not eligible, nor are contracts with settlement dates more than 120 days in the future.

Rello charges a flat service fee on the request amount for 60 days from the date of approval. The service fee is deducted from the approved disbursement.

There is no minimum fee and extensions to an agreement are available subject to approval.

Rello can offer alternate default timeframes to suit your business (e.g. 30 days instead of 60 days, etc).

You can access up to 100% of the commission amount due on a sale contract.

An AgentPay agreement states repayment is due on the earlier of these milestones/events:

AgentPay is typically paid by the agency to Rello, rather than auto-debited.

As AgentPay is a facility provided to an agency under a master agreement, refer to the Rello account owner and/or your specific agreement for terms & conditions applicable to your agreement.

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