Unlocking Seamless Real Estate Operations with Loft47 RE/MAX Elevation, a new and growing Brokerage in Wyoming with 15 Agents was founded by Ashley and Brenton Hayden. After a strong exit from their uber-successful franchise business, Renters Warehouse, they decided to shift their focus to the buy-and-sell side of Real Estate. They knew they needed a robust, cloud-based real estate brokerage … Read More
Boosting Agent Retention with Digital Tools: Overcoming High Turnover in Real Estate Brokerages
High agent turnover is a common frustration among Real Estate Broker Owners. Losing top-performing agents not only affects team morale but also impacts the bottom line. Fortunately, leveraging software and digital tools can play a pivotal role in retaining your best talent. Here’s how Real Estate commission management, brokerage software, and commission advances can help you overcome this challenge. Streamlined … Read More
New Loft47 and Payload Integration Streamlines Real Estate Payments for US and Canadian Markets
Press Release New Loft47 and Payload Integration Streamlines Real Estate Payments for US and Canadian Markets September 4, 2024 Vancouver, BC – Loft47, a top real estate commission management system, and Payload, the industry’s leading digital payment processor, are thrilled to unveil a new integration set to transform payment processing in real estate. This integration is the first to … Read More
Feeling lmprisoned by your Real Estate Brokerage Software? How to Avoid Vendor Lock-in
Real Estate Brokerages rely heavily on Software as a Service (SaaS) solutions to streamline their operations and drive realtor adoption and growth. One major concern for Real Estate companies is the risk of vendor lock-in, where they become trapped using a specific vendor’s product or service, making it difficult and costly to switch to an alternative solution. We explore the … Read More
The Success Story of Royal Lepage with Loft47
Having an efficient and organized system is crucial for success. Royal Lepage, a prominent brokerage in Grand Prairie, faced challenges with their previous system, Lone Wolf. However, their journey took a positive turn when they discovered Loft47. In this article, we will delve into the success story of Royal Lepage and explore how Loft47 revolutionized its operations. Leah, a representative … Read More
How Back Office Automation Boosts Employee Retention and Recruitment for Real Estate Brokerages
Image Source: Pexels Attracting and retaining top talent is key to success in Real Estate. With the rising demand for efficient and streamlined processes, back office automation has emerged as a powerful tool for real estate brokerages to enhance the real estate agent work environment, thereby improving employee retention and recruitment. By automating repetitive tasks and optimizing workflows … Read More
What is a Commission Disbursement Authorization (CDA) in Real Estate?
In Real Estate back office operations, understanding various terms and acronyms like CDA is crucial. CDA, a common real estate term, stands for Commission Disbursement Authorization. You may not be familiar with what CDA stands for in real estate, but it plays a significant role in ensuring the accurate distribution of commissions in a Real Estate transaction. Definition of … Read More
From Paper to Pixels: How Regal Realtors Revolutionized their Back Office with Real Estate Commission Software
Melaney, Director of Operations at Regal Realtors, shares how the implementation of real estate commission software transformed their brokerage and fueled their remarkable growth. Introduction Efficiency and accuracy in managing transactions and commissions are paramount for Regal Realtors as they consider getting their Agents paid quickly their highest priority. Regal Realtors, an independent brokerage founded in 1991, recognized the need … Read More
Unlocking the Secrets to Costello’s Massive Growth with Loft47: A Real Estate Brokerage Success Story
In the highly competitive real estate industry, brokerages need efficient and reliable systems to manage their commission and accounting processes. Manual tracking and calculation of commissions can be time-consuming and prone to errors, leading to frustration for agents and hindered growth for the brokerage. That’s where commission management and accounting software come into play, providing brokerages with streamlined solutions to … Read More
From Scorching Disappointment to Unparalleled Success: Why Dudum Real Estate Swears by Loft47
In the fast-paced world of real estate, brokerages are constantly on the lookout for tools and solutions that can streamline their operations and maximize their profits. One area that often poses challenges is commission management and accounting. Accuracy, efficiency, and transparency are crucial when it comes to handling financial transactions in the real estate industry. To address these … Read More