Dotloop's new partnership with Earnnest makes the digital transfer of earnest money deposits simple - saving you and your clients time and effort. The Earnnest platform was built for agents, by agents and is protected by banking-level security and encryption. Learn more about Earnnest on their website.
This feature works by entering a request for earnest money through Earnnest that is then sent to the client (usually the buyer) to complete. Once your client follows the email prompts and submits the earnest money on their end, you will receive an email confirmation of the transfer.
Follow these steps to learn how to use the new feature. Be sure to click on each step to read more.