CoreLogic Announces Strategic Partnership with Earnnest
Fair money service Earned And KernLogic are launching a strategic partnership, according to an announcement on Wednesday.
Earnnest joins CoreLogic’s Real Estate Alliance Network, becoming CoreLogic’s exclusive provider of escrow management services through its suite of MLS products, including Matrix, A home, MLSTouch And Trestle.
Through the Earnnest platform, users can securely and efficiently make digital transfers of earnest money deposits, eliminating the need for traditional checks and wire transfers.
“Joining CoreLogic’s Real Estate Alliance Network is an important milestone for Earnnest. Our shared commitment to innovation and efficiency in real estate transactions will provide unparalleled value to MLS members and their clients,” said Russell Smith, Earnnest’s president and COO, in a statement. “This partnership underlines our commitment to delivering secure, seamless and easy-to-use digital payment solutions.”
Through this partnership, MLSs using CoreLogic’s products can now integrate with Earnnest at no additional cost.
“We are pleased to welcome Earnnest as our escrow management service provider,” Shaleen Khatod, senior vice president of strategy and alliances at CoreLogic, said in a statement. “As a no-cost member benefit, this partnership will both demonstrate the value the MLS provides to their members and enhance the overall transaction experience for users on CoreLogic’s platforms.”
In May, Earnnest announced a partnership with EXIT Realty Corp. International.
Based in South Carolina, Earnnest has reportedly facilitated more than 350,000 digital deposits with a total value of more than $2 billion since its founding in 2017.