Loft47 Blog

The #RealogyFWD event was an amazing experience! It was a whirlwind 3000-mile trip (x2), in just a short 3 days. The meet and greet event that took place the evening before the event was a fantastic opportunity to meet the other contestants, and it was somewhat heartening to find that we were not the only ones with butterflies in our stomachs! … Read More

As we continue our journey forward with onboarding new clients to Loft47, we receive the same comments about the thrill of seeing ALL Real Estate deal information (financial included) + documents in ONE program. One of our newest clients exclaimed ‘This is what I wanted all along – to see everything together!’ I have to say, after working in Real … Read More

Loft47 unveils integration with dotloop to streamline data flow from front office transaction and compliance, to back office accounting for real estate teams and brokerages 2016-Aug-30 Fresh out of the REALOGY FWD innovation summit, Loft47 innovates again to push the limits in speed and simplicity of real estate accounting through integration with dotloop. Loft47, the solution for real estate transaction … Read More

It’s the New Year and a fresh start! But wait… there’s a whole year of accounting to deal with. While reflection is a great tool for learning and growth, cleaning up the mess from the previous year doesn’t contribute to new year goals. Real Estate accounting season kicks off in January with 1099 preparation, T4a preparation and Franchise reconciliations. There … Read More

Technology is here to help make our lives easier by automating the repetitive, mundane tasks we do daily. The problem is, there are so many tools out there. How does a Brokerage know what to invest in? We polled some our Broker-friends to find out some of their can’t-live-without apps. What makes an App Useful? Firstly, being useful encompasses a lot of … Read More

Working at a Real Estate firm back in 2010, our back-office software was clunky and inefficient. Its reports were hard to understand and didn’t tell us what we needed to know. This problem, I learned, afflicts the whole industry. Trust accounting is complex, and any software for Real Estate has to work for escrow states and Canadian markets. Different Brokerages … Read More

If you’re a Brokerage still sitting on desktop software and paper-based workflows you’ve got to understand that while today it costs you time and money, it may just cost you your competitive advantage within a few short years.   2020 has had everyone reeling, a virus and a lockdown have not made it easy on Real Estate or the millions … Read More

We recently read a review of back-office technology and noticed that most Brokerages in North America are still slaves to their offices because of their archaic desktop software.   Given today’s technology, this is a shocking revelation!   Real Estate is a mobile business and everyone is on the go all the time – at least they should be. Look, we all … Read More

How Loft47 turned my life around (financially…at least). I was one of those agents who just paid everything out of whatever credit card or checking account that had money available to use. I ran fast and didn’t have time for bookkeeping. Still don’t to this day! Low and behold, I was a financial mess. Not only did I hate paying … Read More

When I entered the workforce, software was all about Enterprise Resource Planning (ERP) systems. These mammoth systems had it all — everything for everybody and every department yet no one could figure out how to use them. We ended up with a lot of garbage-data in and even more garbage-data out. Fast-forward to today, when being in the cloud and … Read More