Why is our industry still transferring money with paper checks?

Source: Housing Wire — 

While the real estate industry has witnessed the introduction of a number of spectacular and innovative developments in recent years, we still (sometimes unfairly) get tagged as “old fashioned” or “conservative.” This is especially true on the financial services side when it comes to transferring money for real estate.

There’s really no experience quite like buying a home. Let’s face it. Whether you’re a seasoned real estate investor or a first-time homebuyer, it’s a big financial transaction. That doesn’t even contemplate the emotional impact.