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MRED LAUNCHES ELECTRONIC EARNEST MONEY FOR ALL AGENTS May 18, 2021 Midwest Real Estate Data (MRED) brokers are now able to request earnest money securely and conveniently without driving across town to pick up a paper check. TrustFunds electronic earnest money links were launched within MRED’s connectMLS platform earlier this week. This new electronic earnest money benefit for MRED members

MRED Partners with TrustFunds to Provide Easier Earnest Money Management

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MRED PARTNERS WITH TRUSTFUNDS TO PROVIDE EASIER EARNEST MONEY MANAGEMENT April 21, 2021  Midwest Real Estate Data (MRED) is pleased to announce that it is partnering with TrustFunds to provide its members the ability to easily request, send and receive electronic earnest money. TrustFunds, which will debut with MRED early this summer, adds yet another way for subscribers in the

Northwestern Wisconsin Multiple Listing Service Joins Five Other Wisconsin MLS’s Using TrustFunds for Electronic Earnest Money

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NORTHWESTERN WISCONSIN MULTIPLE LISTING SERVICE JOINS FIVE OTHER WISCONSIN MLS’S USING TRUSTFUNDS FOR ELECTRONIC EARNEST MONEY March 2, 2021 Northwestern Wisconsin Multiple Listing Service (NWWMLS) members will be able to request earnest money electronically soon, following a registration period for the market’s trust account holders.  TrustFunds is thrilled to add NWWMLS, as most REALTORS® throughout Minnesota and Wisconsin markets already

Lake Superior Area Realtors® Chooses TrustFunds to Provide Electronic Earnest Money Capabilities

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LAKE SUPERIOR AREA REALTORS® CHOOSES TRUSTFUNDS TO PROVIDE ELECTRONIC EARNEST MONEY CAPABILITIES February 10, 2021 The Lake Superior Area REALTORS® (LSAR) recently announced its partnership with TrustFunds to provide a much-anticipated electronic earnest money solution for brokers, agents, and buyers.  LSAR is unique in that it serves agents in both Wisconsin and Minnesota.  According to Maranda DeSanto, LSAR’s CEO, the

Realtor® Association of The Sioux Empire Partners With TrustFunds to Better Serve Members and Buyers

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REALTOR® ASSOCIATION OF THE SIOUX EMPIRE PARTNERS WITH TRUSTFUNDS TO BETTER SERVE MEMBERS AND BUYERS February 4, 2021 TrustFunds is excited to announce its partnership with the REALTOR® Association of the Sioux Empire (RASE), in Sioux Falls, South Dakota.  TrustFunds will provide electronic earnest money capabilities to RASE’s 900+ members.  “This has been a long time coming,” says Kristen Gulson,

Protect Your Banking Information: Pay Using TrustFunds

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When it comes to making an earnest money payment on a home, security is a top priority. Traditionally, paper checks were used to make earnest money payments, but as the real estate sales process has become more digital, a new way to make payments has arrived. TrustFunds eliminates the paper earnest money check and provides an earnest money payment that

5 Things Real Estate Agents Need to Know About ACH

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TrustFunds delivers banking industry payment technology and applies it to the earnest money payment process in real estate transactions. Automated Clearing House (ACH) is a payment network that allows electronic submission of payments by directly withdrawing a designated amount of money from a savings or checking account and depositing it into another banking account.  *Annually in the United States, over

The Final Step of a Fully Electronic Real Estate Transaction

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Convenience Can you imagine a real estate transaction without the use of technology? It’s difficult to remember how things were done before using tools like email, electronic forms, electronic signatures, web-based transaction management systems and online MLS listings. Almost every part of the real estate process is digitized. The listing agreement is often typed, distributed and sent for electronic signature

Online Earnest Money is the Next New Norm in Real Estate

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Technology is becoming more simple and more widespread. The generation of children who grew up learning technology from a young age are becoming adults and are accustomed to an electronic way to handle everything, even making payments. Sixty-nine percent of customers ages 18-35 won’t even shop at a business that doesn’t accept electronic payments. Their parents, coworkers, and friends (even