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 … Read More

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, … Read More

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 … Read More

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 … Read More

Isn’t it great to be able to track the packages being sent to us, track the distance we run during our workout, track our phones in case we misplace them, and track how many calories we’ve eaten? TrustFunds adds one more thing to the list of conveniently tracked items: earnest money payments. In the current real estate sales process, buyers … Read More

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 … Read More

Time is money. Especially in real estate where agents set their own hours and decide how to spend their time. Do you ever wonder how much money you waste in a day on the time spent on petty tasks? Fifty-eight percent of agents said they spend most of their work hours at the office, while twenty-eight percent spent more time … Read More

Ask a millennial if they have a checkbook and most would say no. Truth is, this answer is becoming increasingly popular with consumers of all ages. A study by The Federal Reserve found that between the years 2000 and 2012, the number of payments made by check in the United States decreased by more than 50%. There are various factors … Read More

Paper checks have been used for ages to submit earnest money payments in real estate transactions, but the fact is that passing around a paper check, which includes account information, from a buyer, to agent, to broker or title company is unsafe. In a day and age where we can build computer systems strong and safe enough to protect our … Read More