How it works
A digital deposit process, end to end.
EasyDeposit gives buyers a digital way to submit their real estate deposit, and gives the brokerage and agent visibility into where that deposit stands.
- 01
Send the deposit request
Once the offer is accepted, the buyer receives simple instructions to submit the real estate deposit electronically. Nothing needs to be printed, signed by hand or couriered.
- 02
Buyer submits the deposit
The buyer follows the digital payment process from wherever they are, instead of writing a cheque and delivering it to the brokerage office during business hours.
- 03
Deposit status is tracked
The brokerage and the agent can see the status of the deposit through the EasyDeposit workflow, so nobody has to phone around for an update.
- 04
Confirmation is generated
Once the deposit has been successfully submitted, confirmation is generated so the agent and the brokerage can keep the transaction moving, with a digital record attached to the deposit.
How it works
From accepted offer to deposit confirmation.
- 1
Deposit request sent
- 2
Buyer submits the deposit
- 3
Status is tracked
- 4
Confirmation generated
Deposit status tracking
Everyone involved in the transaction sees the same deposit status, from request to confirmation.
Onboarding
Connect EasyDeposit to your brokerage.
- 01
Brokerage review
We review your brokerage's deposit process and setup.
- 02
Banking setup
The banking arrangements for your trust account are put in place.
- 03
Configuration
EasyDeposit is configured for how your brokerage works.
- 04
Testing
The process is tested before any live transaction runs through it.
- 05
Launch
Your agents begin sending deposit requests to buyers.
Timelines vary by brokerage. Banking setup depends on your financial institution, and any bank fees are set by that institution rather than by EasyDeposit.