– Platform automates the collection, reporting and reconciliation of earnest money payments. –
CHICAGO – July 21, 2020 – Leading Real Estate Companies of the World® has expanded its Solutions Group program with the addition of Earnestly by Payload, offering its members an automated and secure way to collect earnest money and manage agent fees, commission distribution and other real estate transactions.
The platform facilitates electronic payments for credit card and ACH payments, replacing manual check payments and costly wire transfers. Payments can be initiated by the agent, home buyer, or title company. Earnestly can be integrated easily into transaction workflow platforms through Payload’s comprehensive API libraries.
“As we continue to look for ways to modernize and streamline the real estate transaction process, Earnestly addresses an important need by providing a convenient, secure, paperless solution for earnest money and other real estate payments,” said LeadingRE Vice President, Corporate Marketing Robin LaSure. “The platform is strengthened by Payload’s position as a leader in emerging financial technology and their success maintaining the industry’s highest certification for payment security.”
“Payload’s relationship with LeadingRE could not come at a better time. Real estate firms across the country have been hindered by the manual acceptance and reconciliation of earnest money payments. Earnestly by Payload is a secure transfer platform that automates this historically manual process. We’re excited to deliver LeadingRE members exclusive access to the Earnestly platform,” said Payload CEO Ryan Rybolt.
Payload (www.payload.co) is a financial technology (fintech) platform that facilitates credit card and ACH payments. The platform was built for developers, software providers, SaaS platforms, and merchants to accept secure payments without the burdens often associated with card acquiring. Payload’s proprietary platform is a developer-friendly technology stack that simplifies integration effort and minimizes card data security exposure. Payload was founded by two entrepreneurs with over 20 years’ experience successfully starting and growing fintech companies. Payload is headquartered in Cincinnati with an office in New York City.
About Leading Real Estate Companies of the World®
Leading Real Estate Companies of the World® (https://LeadingRE.com) is a selective global community of the highest quality independent residential real estate companies, with over 565 companies and 135,000 sales associates in over 70 countries. Network members generate over 1.1 million transactions annually. LeadingRE exists to make its members better by connecting them to opportunities and people around the globe, supporting them with an international referral network, professional development programs, unique events and connections to people and opportunities worldwide.