Payment processing for real estate brokerages

The best fit is the one that matches how your brokerage collects money. Look at channels, total cost, software compatibility, support and how payments reconcile to your files, and ask each provider for a written quote built on your card mix and ticket sizes. RapidCents shows you the link, keyed and recurring flows and a Fee Schedule so you compare like with like.

The cost depends on your card mix, ticket sizes and channels, so no single number fits every brokerage. Interchange is set by the card networks and passes through at cost. You add your RapidCents markup from your Fee Schedule and any fees for equipment or services. Upload a statement to Fee Check to see the split.

Yes. RapidCents integrates with many major platforms through APPIE and RapidBridge, and a payment link sent outside dotloop or a settlement import works alongside it. The right option depends on your dotloop edition and version. Tell your RapidCents representative which one you run, and they will walk you through how payments and references connect.

Export your old reports before you close the old account. List stored cards, authorizations, open invoices, refunds and references, then test a sale, a refund and a keyed deposit on the new processor. Stored cards move only if both providers agree, and some payers may need to authorize again.

Payment options for a real estate brokerage depend on the country of its merchant account. RapidCents serves merchants in Canada and the United States. Cards work in both, while bank payments and settlement currency differ, and each needs the payer's authorization. Trust money follows your local regulator. Your representative can lay out the options for your account.

Send the payer a Payment Link for that one fee, or place Hosted Checkout on your listing site. The payer sees the amount and purpose, authorizes it and gets a receipt. Name the file on the link. If the card declines, resend the link. Your transaction software keeps the file, and RapidCents holds the payment record.

Your brokerage agreement, your regulator's rules and your lawyer decide who may receive and release a deposit, not RapidCents. Record who the funds are held for and the release conditions on the file. RapidCents records the card payment and any refund. This is not legal advice, so take it to your regulator or counsel.

Write the file number, property address and fee type into the reference field when you create the link or keyed payment. Reporting then returns that reference with each settled payment and refund. Your transaction software remains the system of record for the file, and a coordinator matches the reference. Your RapidCents representative will walk you through what your software can import.

Authorized staff refund to the original card from the dashboard and enter the reason, so the original payment and the refund both stay on record. Note the cancellation date on the file. If the service was partly done, agree the refund amount in writing first. A cardholder who disputes the fee instead needs the signed terms and receipt.

Decide in advance which funds your regulator and bank allow on cards, and send only those through RapidCents links. Card payments settle to the bank account on your merchant account, so trust money should be collected by another method. Ask your regulator or lawyer, and your RapidCents representative will go over account rules with you during onboarding.

MCC 6513 is commonly associated with real estate agents and managers. Your RapidCents representative sets the correct merchant category during onboarding, based on what your business actually sells. A brokerage that also runs rentals or other services may be reviewed on that full mix, so describe every fee you plan to collect by card.