Top 5 Real Estate Tools That Help Agents Save Time and Close More Deals In the fast-paced real estate market, agents need effective strategies to manage their business efficiently. Technology-driven solutions are essential to stay ahead without increasing overhead costs through third-party hires. Here are five outstanding tools that streamline real estate operations, saving valuable time and accelerating deal closure: … Read More
How Real Estate Brokers Can Boost Agent Retention and Keep Top Talent
Successful real estate brokerages thrive on talent retention – yet agent turnover threatens more than revenue streams. Every departing professional carries away years of cultivated market expertise, established client networks, and carefully nurtured team dynamics. The broker-agent dynamic demands strategic finesse beyond traditional management frameworks. Standard operational tools and compensation packages offer baseline support, but sustainable talent retention requires sophisticated, … 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
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
What is Real Estate Trust Accounting? And why you need to care.
Real Estate Trust Accounting Whether you’re a real estate agent, broker, or investor, understanding the intricacies of real estate trust accounting is crucial for managing transactions, protecting funds, and ensuring compliance. In this comprehensive guide, we will explore the key aspects of real estate trust accounting, including the definition, benefits, management, and types of trust accounts. We will also … Read More
The Loft47 Story
Let’s Start at the Very Beginning Our story started when our CEO, Sasha Hryciuk, entered the real estate world in 2010. She was completely new to real estate accounting but felt a connection to her place in the industry. Sasha describes herself as, “a little boring. I’m a back-office kind of person.” She focused on operations management and workflow … Read More
Curtis Stasiuk: How MaxWell Progressive Embraced Automation
Curtis Stasiuk is no stranger to nurturing his goals, with the right tools in hand, of course. Having started MaxWell Progressive as a small four-agent brokerage in Edmonton, Curtis grew the operation to the 2 office, 130 agent operation that it is today. You don’t get the MaxWell Realty’s prestigious Diamond Award or Edmonton Real Estate Board’s Realtor’s Medallion without … Read More
Year-end Advice for Real Estate Brokers and Agents
It’s that time of year, again. Hopefully, you had an incredibly productive year and have painstakingly tracked all your earnings and expenses, making your year-end simple. You haven’t? Fear not. We’ve got some tips for you to get prepared for your year-end as well as tips to keep you on track for next. You may not be surprised to find … Read More
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