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What can I tell my vendor about Trustport?

 Trustport is a secure platform operated by an independent third party which holds funds related to a real estate transaction right through to settlement. Here's how it works:
  1. Verify their identity
    Before the property goes to market, the vendor will complete a quick identity verification through Trustport. 
  2. Manage the marketing budget
    If the sale includes marketing, campaign funds are managed securely through Trustport. Funds are held until works have been completed and approved, giving vendors confidence that their money is protected throughout the campaign.
  3. The buyer's deposit is secured
    Once an offer is accepted, the buyer's deposit is held securely by Trustport until settlement.
  4. Funds paid at settlement
    When settlement is confirmed, funds held in escrow are paid in accordance with instructions provided.