Tracking Earnest Money & Notifications
Earnnest Escrow Services ensures transparent communication and real-time tracking throughout the transaction process.
Notifications
- Payment Authorization: When a buyer authorizes a payment via the Earnnest app, the requester (agent or transaction coordinator), payer (buyer), escrow holder (Earnnest Escrow Services), and the partner brokerage receive a receipt.
- Payment Clearance: Once the payment clears and deposits into our account, the payer, escrow holder, and partner brokerage receive another receipt.
- Alternative Payment Methods: If the buyer opts to pay via check or wire, all parties receive the same notifications, delivered via email from the Earnnest Escrow Services team.
- Earnest Money Default or Dispute: In such events, both buyer and seller, along with their representing agents, are contacted via email with information on next steps.
Both requesters and payers can track their funds from initiation to deposit within the Earnnest app suite. Additionally, brokerages have access to a dashboard to oversee fund movements.