How it Works

A tool that closes the digital gap

Watch the 1-Minute Video

Electronic Earnest Money in 3 Simple Steps

Save time, increase security, and view real-time tracking throughout the earnest money process.

Step 1

Agent clicks TrustFunds link on MLS listing

On the MLS listing details page, the buyer’s agent clicks the TrustFunds link to create a payment request.

Step 2

Agent provides buyer and payment information

Agent selects the Broker or Title Company, as noted in the purchase agreement, to hold the earnest money. A list of active TrustFunds members is shown for selection. Agent enters the buyer’s name, email, and the amount of earnest money to be paid.

Step 3

Buyer makes their payment

TrustFunds notifies the buyer automatically and provides access to submit their payment through our secure portal. The buyer enters their own account information to securely submit their earnest money payment.

That’s It – You’re Done!

All parties receive automated email updates as the payment processes (3-4 business days). Plus, agents, brokers and title companies can access full payment information at any time in their TrustFunds account.
See, wasn’t that easy?!

Increase Security

TrustFunds vs Paper Check

TrustFunds
Electronic Earnest Money

  • Allows buyer to retain control of account information
  • No photocopies of account information
  • No email of copies of check including buyer's account information
  • Account information encrypted at rest and in transit

Traditional
Earnest Money Paper Check

  • Bank account information shared with strangers
  • Bank account information retained in files long after the transaction is complete
  • Risk of unauthorized intercepting account information
  • Account information displayed on the face of the 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.

Ready to add more value?

You’re so progressive – they’re going to love it! Let’s chat and help you close the digital real estate gap for your members and buyers.

Association? State-wide adoption? Title-company market? No problem, we’ve done it all.

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