Electronic earnest money means you don’t have to drive across town to pick up a paper check – you can collect earnest money payments on MLS-listed properties with 3 (yes 3!) simple clicks. Convenience and simplicity for you AND your buyer.
Beyond that, you’ll be able to track the earnest money payment from the time you send the request to the buyer until it fully deposits into the designated trust account.
Join 43,000 agents nationwide who use TrustFunds for electronic earnest money.
Real-time tracking
See the status of the earnest money payment every step of the way. Automatic tracking when your buyer opens the email, when they submit the funds, and when it clears into the trust account. Plus, all parties are automatically notified so you can move forward with your transaction!
Convenience
TrustFunds’ mission is to provide people with more time for more life. We do that by offering a convenient and secure way to request, submit, and track earnest money payments electronically – from wherever you are.
Starting right on the property in your MLS system, you can request earnest money electronically with 3 simple clicks. And, your buyer can submit earnest money in seconds, even on their phone, saving both of you time and effort.
What will you do with all the time you save by not driving around chasing paper checks?!
Increase Security
TrustFunds vs Paper Check
TrustFunds
Electronic Earnest Money
Traditional
Earnest Money Paper Check
Our TrustFunds platform offers layers of digital security far more advanced than the paper check. No more client account numbers or routing information floating around your cars or purses. No more paper copies sitting on your desk or left at the copier. TrustFunds’ electronic earnest money process ensures complete security for all parties. Still have security questions?! Visit our security page.
“I spend more than five dollars in gas chasing and delivering the earnest money check on a typical transaction. TrustFunds saves all that time and is much more secure than a paper check.”
“With the fraud happening in today’s world we are happy to partner with TrustFunds to provide a service that greatly enhances the security of earnest money. Also, there are many millennials that no longer carry check books to write an earnest money check and now there is no need!”
“I love TrustFunds! My clients always feel secure about the handling of their money and where it is deposited. They get a transaction receipt and both agents know that the contract performance is being fulfilled. It’s just a better way to do business for a Professional Realtor.”
“TrustFunds has been a HUGE benefit to my brokerage. My agents love not having to be responsible for keeping clients’ checks and my clients love the convenience. And, as a broker, I love that we are ALWAYS in compliance with our contract. “
“Since I have been using TrustFunds, it has been much easier to deposit the earnest money. I don’t have to run the check to the post office, or take it to the office of the other agent. I just need a few minutes on my computer!”