Software for use in securing payment of an appraisal fee in a real estate transaction wherein the software receives initial input requesting that a pre-authorization for the appraisal fee be obtained, obtains a pre-authorization for payment, receives final input once the appraisal has been completed, and ensures payment to the appraiser upon receipt of such final input. The software ensures that a borrower is aware of all payment and cancellation terms by notifying the borrower of such terms the moment a pre-authorization is requested—thereby reducing the risk of a reluctant or non-serious borrower. The software further ensures that an appraiser is paid once the appraisal is complete—facilitating timely appraisal completion.