As real estate agents and brokerages collaborate, there are multiple moving parts to manage. From commission calculations to fee tracking, offices and brokers need a comprehensive commission management solution that streamlines payment processes and provides detailed accounting reports. Real estate commissions software can help reduce manual processes while automating fees to increase accuracy allowing agents to focus on selling properties while brokerages maximize revenue potential.
The Commission Module is an innovative solution that makes commission calculations effortless for agents – including automatic calculation of franchise fees/royalties, custom brokerage fees, home warranties and charitable donations – as well as tracking tiers/caps and sending instant commission statements that highlight monthly and year-to-date production numbers whenever a commission calculation takes place for any deal.
BrokerSumo is a transaction management platform designed specifically for real estate offices and brokers to streamline transactions and payments. The system can onboard new agents, process agent billings/invoices/inventory, process commission disbursements for both sides of a transaction, as well as create office reports while synching with QuickBooks for easy accounting.
Market Leader provides real estate offices and teams with an all-in-one solution, offering tools for lead generation, CRM, marketing automation and email campaigns. Automating listing syndication presentations email campaigns. Also managing e-signatures audit trails commission splits custom websites landing pages customizable user interface for agents.
Brokermint provides real estate offices with an all-in-one solution, centralizing back office operations with features like checklists, commission splits and financial reporting. Integrating with Xero, Docusign and other platforms, Brokermint helps streamline workflows while automating processes – plus it can even be accessed on mobile devices so agents can manage deals while on the move.
Commission Trac is an all-in-one solution for real estate offices, offering cloud-based commission management software capable of handling complex commission structures with multiple pay structures and check formats. You can use it to generate checks, invoices and agent distributions; additionally it integrates seamlessly with Yardi and QuickBooks core systems and can even be tailored specifically for different agencies’ individual requirements. Commission Trac can meet both commercial and residential property manager needs alike.
Realty XL was designed specifically for real estate offices, providing them with an intuitive solution for managing commissions and payments. It can onboard new agents, process monthly agent billings/invoices/payments via ACH, track credits/debits for client accounts and manage client accounts – as well as manage the brokerage business from ad production, lead generation to closing/post-closing fees – helping real estate offices optimize their back office while driving growth. Compatible with Xero/Docusign/MRI/ Salesforce