Your MLS actually pays for their Agents use of TrustFunds. All agents that are members of an MLS that is signed up with TrustFunds, can send payment requests to their buyers as long as the party (DTAH) that will be holding the earnest money is a member of TrustFunds.
Have more questions? Submit a request
Articles in this section
- Agent - My buyer is using Gmail and not receiving the payment request email.
- Agent - Can agent assistants and team members use TrustFunds?
- Agent - What if the purchase agreement is canceled after the earnest money payment was made?
- Agent - Does a buyer have access to TrustFunds with the ability to submit earnest money prior to the final acceptance of a purchase agreement?
- Agent - How does the buyer provide the lender with proof of the earnest money payment?
- Agent - How does the agent know the status of the earnest money payment?
- Agents - Can TrustFunds be used if a property is not in the MLS? ~ FSBO
- Agent - How does an agent use TrustFunds to have their buyer submit the earnest money?
- Agent - Can a buyer's agent use TrustFunds even if their broker is not a member?
- Agent - Who is a Designated Trust Account Holder 'DTAH?'