Trust accounting to secure digital payments – is this the future for property management?

New research has revealed the true pace of change in property management payments, with as many as 10 per cent of agencies already operating without a trust account — a figure forecast to rise to 40 per cent.

But while interest in automated payment platforms is surging, significant confusion remains around how they work, whether they meet strict regulatory requirements, and what the tangible benefits are for day-to-day operations.

In this REB Masterclass, we’ll address the confusion surrounding automated payments and reveal how some forward-thinking agencies are leveraging these solutions to enhance compliance, security, and efficiency.

Crucially, we’ll explore why a high percentage of new property management agencies opt to launch without a traditional trust account and why established businesses are increasingly making the switch to secure digital payments platforms.

Join REB editor Liam Garman

Gain firsthand insights as Liam leads a discussion designed to help you navigate this evolving technology with confidence.

Key Insights and Takeaways

• Fundamentals of secure digital real estate payments
  Understand the core processes behind digital payments, how they integrate with property management software and day to day tasks
• Compliance in a strictly regulated industry
  How are agencies without a trust account fully compliant? Are digital payments a viable alternative to trust accounting — and do they meet AML (Anti-Money Laundering) obligations?
• Eradicating human error, fraud, and end-of-month manual reconciliations
  Can automated payments truly remove manual reconciliations, reduce human oversight errors, and significantly cut fraud risks by bypassing large pooled trust accounts?
• Growth and higher profitability
  How do agencies that adopt automated payments scale faster, allowing each property manager to handle more properties, and achieve rapid growth by eliminating time-intensive trust accounting processes?

Expert Panel

• Ashlea Merlo – Property Collab
• Grant McKay – NU Management
• Rohith George – Managed COO

Register Now

Don’t miss this informative masterclass to gain a clearer picture of secure digital payments and make your own informed decisions as to whether this really is the future for the property management industry.