Sqaak is a service available to all Suburban West members and their clients using zipForm™ Plus that allows buyers to transfer earnest deposit money. To learn more about how Sqaak works click here.
Initiating a Sqaak Transfer
Agents using zipForm™ Plus can click the orange “services” button while writing the agreement of sale (or any other purchase document) and select Sqaak. A form will appear asking for information about the buyer and the transaction. If you have already typed those details into the agreement they will flow right into the Sqaak invite. Be sure to specify that you are a Suburban West member, as Sqaak and Suburban West REALTORS® Association have negotiated a discounted rate for your buyers.
Buyers will get an invite from Sqaak (the email address is email@example.com) or they can just go the the Sqaak.com site and register for their account using the email address in the invitation. From there it is a simple process to create the deposit.
Sellers’ brokers can then capture the Sqaak deposit online by entering the secure receipt key given to the buyer and delivered with the agreement. Once the capture is done the funds will flow to the escrow account without any checks ever being printed.
There are all sorts of materials for agents, brokers and buyers available on the Sqaak information exchange or you can reach Sqaak support at any time by emailing firstname.lastname@example.org or calling 215-867-9351.