TrustFunds to Offer Seamless Electronic Earnest Money Services to Bright MLS Users

Kris PearsonAgents, Brokers, Industry Partners, MLS Decision MakersLeave a Comment

Minneapolis, MN, May 15, 2024 – TrustFunds, the leading provider of secure electronic earnest money services, announced today a strategic collaboration with Bright MLS, one of the largest multiple listing services (MLS) organizations in the real estate industry.

As the real estate landscape continues to evolve, the demand for streamlined, secure, and convenient transaction processes have never been more apparent. Recognizing this need, TrustFunds and Bright MLS have teamed up to seamlessly integrate electronic earnest money services into the Bright MLS platform. This collaboration aims to enhance the overall transaction experience for real estate agents, brokers, and their clients.

  • Effortless Integration:  Bright MLS users will benefit from the seamless integration of TrustFunds electronic earnest money services directly into the MLS platform. This integration ensures a user-friendly experience, eliminating the need for multiple logins or complex procedures.
  • Time and Cost Efficiency:  The integration of electronic earnest money services translates into significant time and cost savings for real estate professionals. By eliminating the traditional manual handling of earnest money, the partnership enables agents and brokers to focus on core aspects of their business, fostering increased productivity.
  • Real-time Notifications and Status Updates:  The collaboration introduces features that provide real-time notifications and status updates throughout the earnest money transaction process. Bright MLS users leveraging TrustFunds services will receive instant notifications ensuring they are continuously informed about the progress of transactions. This real-time visibility enhances transparency and enables agents and brokers to proactively manage their workflow.
  • User Training and Support: To ensure a smooth transition and optimum utilization of the integrated services, TrustFunds and Bright MLS will provide comprehensive training sessions and ongoing support for users. This commitment underscores the dedication to a positive user experience and the success of this collaboration.

Commenting on the partnership, Lynn Leegard, Founder and President of TrustFunds stated, “This collaboration exemplifies our shared commitment to innovation and efficiency within the real estate industry. By seamlessly integrating TrustFunds electronic earnest money services into the Bright MLS platform, we are collectively raising the standard for transaction processes, benefiting agents, brokers, and clients alike.”

Bright MLS Chief Marketing Officer Amit Kulkarni said, “We are looking forward to bringing electronic earnest money services through TrustFunds to the Bright platform. The TrustFunds service aligns with our commitment to deliver services that simplify the real estate transaction life-cycle for our subscribers and the consumers we all serve. For our subscribers, helping their clients find “home” and efficiently working through the various steps to get to the closing table is more important than ever in today’s real estate market.”

Real estate professionals using Bright MLS can look forward to experiencing the benefits of this collaboration, with the integrated electronic earnest money services expected to launch on Thursday, May 30, 2024.

About TrustFunds

Established in 2015, TrustFunds pioneered electronic earnest money services nationwide, positioning itself as a trailblazer in the industry. As a provider of secure, MLS-integrated electronic earnest money services, TrustFunds has redefined efficiency and reliability, delivering a seamless experience for agents, brokers, and clients alike. Its resolute commitment to innovation and security is evident through the implementation of advanced encryption and industry-best practices, safeguarding sensitive financial information, including client bank account details. An ongoing dedication to bridging digital gaps in real estate serves as TrustFunds driving force for continued innovations and improvements in the industry. For more information, please visit TrustFunds.us.com.

About Bright MLS

Bright MLS was founded in 2016 as a collaboration between 43 visionary associations and two of the nation’s most prominent MLSs to transform what an MLS is and what it does, so real estate pros and the people they serve can thrive today and into our data-driven future through an open, clear and competitive housing market for all. Bright is proud to be the source of truth for comprehensive real estate data in the Mid-Atlantic, with market intelligence currently covering six states (Delaware, Maryland, New Jersey, Pennsylvania, Virginia, West Virginia) and the District of Columbia. Bright MLS’s innovative tool library—both created and curated—provides services and award-winning support to well over 100K real estate professionals, enabling their delivery on the promise of home to over half a million home buyers and sellers monthly. Learn more at BrightMLS.com.

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