Types of Real Estate Businesses We Support
At High-Risk Match, we provide merchant accounts for a variety of real estate businesses, including:
- Title Companies
- Real Estate Agents
- Brokers & Property Managers
- Commercial Property Rental Companies
- Residential Property Rentals
- Condo Sales/Rentals
- Real Estate Investment Firms
- Association Fee Collection
- Property Management Services
Why Is the Real Estate Industry Considered High Risk?
Real estate businesses face high risks due to the potential legal disputes, fraud, and identity theft commonly associated with transactions in the sector. Moreover, issues related to licensing, audits, tax problems, and the potential for chargebacks also contribute to its high-risk status. Due to these factors, many standard payment processors are reluctant to work with businesses in this industry.
High-Risk Match offers specialized tools like fraud prevention software, encryption technology, and chargeback protection to help mitigate the risks real estate businesses face. We ensure compliance with industry regulations and protect you from financial threats while providing tailored solutions to keep your business running smoothly.
Property Management & Real Estate Merchant Account Types
High-Risk Match offers a variety of solutions to help your real estate business accept payments online, over the phone, or in person:
- Online Payments: Our payment gateway enables real estate businesses to accept card-not-present payments online through virtual terminals or via your website’s secure shopping cart.
- In-Person Payments: We offer industry-leading POS systems and mobile card readers to accommodate in-person payments at your office, property showings, or pop-up events. Our devices ensure your clients can pay with credit or debit cards using EMV chips or contactless payments.
- Phone Payments: With our virtual terminals, you can manually input customer payment details for card-not-present transactions. This offers the convenience of over-the-phone or email payments through a MOTO (Mail Order/Telephone Order) merchant account.
These payment solutions provide real-time reporting, helping you monitor your transactions and ensure smooth financial operations. Our system is PCI DSS compliant to maintain the highest level of data security (1).
What Is Required for a Real Estate Merchant Account?
At High-Risk Match, we streamline the application process to help you get started quickly. To apply for a real estate merchant account, the following documents are required:
- Proof of identity (Government-issued photo ID)
- Three to six months of bank processing statements
- A signed merchant account application
- Corporate documents
- A voided check or bank letter
- Address verification (utility bill, etc.)
- Sales tax certificates, if applicable
- Supplier list, if applicable
Additionally, your real estate business must have a compliant website that displays the following:
- Your company’s legal name and logo
- Contact details (email, phone number, etc.)
- Privacy Policy page
- Terms & Conditions page
- Return and Refund Policy
- Secure SSL certificate for encryption
This ensures your business is compliant with all regulations and protected by our fraud detection software to prevent any illegal activity or identity theft during transactions.
Benefits of Credit Card Processing for Realtors
Partnering with High-Risk Match for real estate payment processing comes with numerous benefits, including:
- Increased Sales: Enable online transactions, encourage higher spending, and reach more clients with various payment options. Accepting credit cards will expand your customer base and generate higher transaction volumes.
- Convenience: Your clients can instantly transfer funds from anywhere, increasing their satisfaction and your revenue. Our system integrates mobile payment options and online billing for added convenience.
- Security: With our encryption tools, fraud detection services, and chargeback prevention technology, your transactions remain secure from fraud and chargebacks, giving you peace of mind and operational stability.
Why Choose High-Risk Match?
High-Risk Match is the ideal payment partner for real estate businesses because we offer:
- Industry Expertise: With years of experience working with high-risk industries, we understand the unique needs of real estate companies.
- Comprehensive Solutions: We offer everything from payment gateways and POS systems to fraud prevention and chargeback protection. Our system also allows for real-time reporting and secure mobile payments, giving you greater control over your financial operations.
- Dedicated Support: Our team is available 24/7 to provide expert support whenever you need it. You’ll be paired with a dedicated account manager to assist with everything from setup to compliance and fraud prevention.
Real Estate Business Software Integrations
Our payment solutions integrate seamlessly with your real estate business software, including CRMs, accounting tools, and eCommerce platforms. Whether you need to connect your payment system to a property management software or a booking platform, High-Risk Match ensures smooth integration to keep your business running efficiently.
We can help you integrate with platforms like Authorize.net, NMI, and FluidPay for smoother operations. Our real-time reporting features provide full visibility over your financial health and allow for better tracking of payments and chargebacks (3).
FAQ
Why is real estate considered a high-risk industry? Real estate is considered high-risk due to the large transaction sizes, potential for fraud, legal disputes, and high chargeback rates. This makes it challenging for traditional payment processors to support businesses in this sector.
How long does it take to get approved for a real estate merchant account? Approval can take anywhere from a few days to a week, depending on the complexity of your application and the documents provided.
What fees can I expect with high-risk processing? Fees vary based on your specific business needs and risk factors, but High-Risk Match offers competitive, transparent rates.
Compliance and Regulatory Support
At High-Risk Match, we prioritize compliance with legal standards and industry regulations. Our systems are fully PCI DSS compliant, ensuring that every transaction meets the highest security standards. We help you navigate the complexities of real estate transactions while staying compliant with tax regulations, data protection laws, and industry-specific requirements.
Get Started Today with High-Risk Match!
Ready to streamline your real estate business with secure and efficient payment processing? Contact High-Risk Match today to get started. Call us at 1-877-242-2009 or email info@highriskmatch.com to learn more about how we can support your payment needs.
