The new service, available to date only in Massachusetts, where Earnnest has secured a brokerage license, is designed to alleviate the cost, management demands and above all else, legal risk of holding deposits in escrow. The company is looking to rapidly expand the list of states in which it can operate.
Source: Inman News
Earnnest begins rollout of escrow-as-a-service
Published in Earnnest app, escrow, FinTech, Inman Intel, PropTech, real estate technology, security deposits and Technology
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