Lynn Leegard, Owner and President of TrustFunds, is extremely passionate about avoiding identity theft. She said, “I personally experienced someone’s attempt to steal my identity and open an account in my name. Fortunately, I had taken steps to protect myself and the bad actors were not successful. As a result, I care deeply about educating EVERYBODY beyond the TrustFunds transaction”. … Read More
Convincing Buyers: Online ACH Earnest Money Payments is the Safest Option
When it comes to making an earnest money payment on a home, security is a top priority for everyone involved. Traditionally, paper checks were used to make earnest money payments, but the real estate sales process has become more digital, and more secure with the use of ACH (Automated Clearing House) payments. According to the 2022 Association for Financial Professionals … Read More
Part of a Team? TrustFunds can help!
Did you know TrustFunds offers a Teams feature, ensuring your customers are taken care of, even when you’re unavailable? With TrustFunds Teams feature, teammates can act on your behalf, share transaction information, track progress, and manage payments all in one place. Now’s the time to ensure your TrustFunds account profile is set-up to run your business in a way that … Read More
Benefits of Managing your Account Profile
Did you know TrustFunds allows you to manage your account profile in a way that works best for you? Accessing your Agent Account Your TrustFunds Agent Account provides you with many valuable resources including Profile settings, Helpful Videos, and Guides. To access your account and manage your profile settings: To see everything you can do in your TrustFunds Profile including … Read More
TrustFunds Surpasses $2 Billion in Electronic Earnest Money Transactions
TrustFunds, the industry leader in electronic earnest money has successfully closed more than $2 Billion in digital payments. This momentous achievement marks a significant milestone in the company’s growth strategy and is a testament to its unwavering real estate industry commitment. Earnest money is a vital component of any real estate transaction. TrustFunds is an innovative platform that offers a … Read More
Combatting Wire Fraud in Real Estate
Consumers are demanding a more seamless and digital home-buying process and the industry is ripe for cybersecurity-related losses. Due to large sums of money being transferred electronically in our industry, wire fraud is an ongoing issue. According to a 2022 ALTA (American Land Title Association) survey, only 17% of wire fraud victims recovered all their funds. Real estate transactions frequently … Read More
Digital Payments Revolutionize Real Estate Transactions
Paper checks are prone to errors, require physical processing, and are vulnerable to fraud.
TrustFunds Streamlines Resources for Members
TrustFunds is always looking for ways to streamline processes and make things easier for members. Updated Member Resource Centers in December TrustFunds recently updated all Member Resource Centers to include helpful videos and guides. Including allowing Designated Trust Account Holders (DTAHs) the ability to schedule training and share resources with agents and staff. Agents now have to ability to get … Read More
3 Ways Your Real Estate Brokerage Can Add Value for Agents
According to an article in Forbes, the top four reasons agents leave or join a brokerage are related to: Brokerage Fees Available Technology Training/Education Opportunities Company Culture As a real estate brokerage, try focusing your attention on the following ideas as you aim to create value for agents and make your firm a desirable place to work: No. 1: Provide … Read More