Step 1: The home buyer or the realtor® enters in the purchase information (name, MLS number, deposit amount, etc.) to create the deposit record.

Step 2: The home buyer is connected directly to their bank website on a separate secure channel and chooses the account from which the deposit will be taken. Your bank login information never touches the NetDeposit server.

Step 3: It will take a couple of minutes to verify your bank information and obtain the information to effect the transfer.

Step 4: Choose the account from which you want to make the deposit. Once you agree to the pre-authorized debit (PAD) agreement, the amount will be transferred to the Broker's account and the deposit will be completed.