As far as the history of real estate goes, disbursements have been a physical ordeal, oftentimes consisting of mailing or hand-delivering checks to real estate agents.
While mailing itself isn’t a massive inconvenience, the $12-$20 fees for each mailed check add up. In addition to monetary inconveniences, agents also have to wait 2-3 days before the payments are processed to earn commission.
Enter Bank Shot’s disbursement solution.
As society propels forward with its utilization of technology, the real estate market is also making its own advancements.
Bank Shot now allows customers to submit digital checks via their patented portal in the comfort of their own offices. Not only is this an improved convenience for the title closing team, but it also cuts down the time it takes for agents to receive their commissions.
How it works:
Bank Shot disbursements are easier to navigate while also cutting costs and expediting the closing process. Users can now avoid the mailing fee that comes with sending physical checks, and ensure their agents receive their commission as efficiently as possible in a few easy steps.
Create a disbursement
Review your disbursement
Submit your disbursement
And that’s it!
To get access to this new tool, email our support team at firstname.lastname@example.org