The homebuyer pays a small transaction fee of $12.
Just as a traditional money transfer or a wire would come with originating fees, Earnnest comes with a small transactional fee of $12 to the buyer. We are much cheaper than any wire, safer and more secure than a paper check, and allow for your buyer to send their earnest money in a timely manner without having to schedule their day around it.
Our fee is clearly outlined in the final step of authorization and we never pressure your buyer into accepting it. If they don’t agree with us that saving the time and effort of driving a traditional check across town is worth it, they can opt out and bring you that check.