Stop Wrestling with Spreadsheets.
Start Paying Agents in Clicks.
The Smartest Commission Tracking and Payout Platform
for Real Estate Brokerages
Loft47 automates your agent commissions, splits, and payouts—so you can run a lean back office, reduce errors, and scale confidently.
agent transparency
✅ How do I track commission splits automatically?
Loft47 does the math for you. Whether it’s tiered or graduated plans, caps, or fees, our engine handles custom compensation plans for every agent and team. Allowing you a ton of flexibility in your commission plans and Agent compensation.
✅ How do I pay agents after closing?
With Loft47, commission deposits and payouts are tied to closings. You can request or release commission funds through a secure disbursement process, ensuring accuracy and timely delivery.
✅ Can I track advances and deductions?
Yes. Loft47 syncs with Liquify to supply advances to your Agents, and Loft47 manages your deductions like E&O, brokerage fees, and commission advances—all posted to your books automatically.
✅ What about integrations?
We connect seamlessly with Dotloop, SkySlope, QuickBooks Online, Xero, Docusign, Google, Trackxi and more—no double entry, no delays.
✅ What are the main benefits of syncing my existing accounting tools with real estate commission tracking solutions?
Accountants don’t love learning industry-specific accounting platforms, so with all-in-one solutions, you have a smaller pool of professionals that you can access.
✅ How can I automate back office workflows for compliance and payments?
We offer flexible checklist items, enabling you to tailor your deal requirements according to various factors, including deal types, side representation, location, and more. Documentation can be emailed in, reviewed and assigned to checklist items for tidy storage and audit-proof organization.
✅ Can you help me manage brokerage cash flow and track profitability per deal?
Absolutely! We distinguish between commission plans that contribute to Brokerage income and cash flow and those due to a third party. This way, Loft47 knows what the actual income to Brokerage is that has been closed, as well as what is pending from open deals.
✅ Is there a way to let my agents see their commissions, splits and payments in real time?
Yes, included with your Loft47 licensing plan are logins for each of your users, including your Agents. By accessing the application, Agents can view, submit, and manage their deal progress, view their pay stubs, access their performance reporting, and view their annual tax forms, such as their 1099 or T4A.
✅ Will this platform help me scale commission management as I grow?
Loft47’s straightforward interface and design make it easy to get up and running, even if you’re new to the industry. Our intuitive interface makes training Agents and new administrators simple, so you can easily onboard and grow your team. Spin up a new office with no additional costs and just 5 minutes of work.
✅ How can I run a virtual brokerage without a back office team?
Loft47 is mobile-friendly, so you and your team can use it on a phone, tablet or laptop from anywhere in the world. Use our dedicated administrators to review documents, commission plans, and post your accounting entries and payouts. All we need from you is Broker-level reviews and approvals before releasing funds to your Agents on your behalf.
✅ Is there a free or low-cost option that still handles detailed commission calculations?
If you’re a new Brokerage or maintaining a boutique Brokerage, we have plans with low monthly charges when you use our dedicated administrators to process your deals with a per-deal charge. You only spend when you earn. Check out Let Loft Do It for more information.
Built for Growth
What Our Customers Are Saying
Curtis Stasiuk Jan. 1, 2022
Loft47 is modern, agile, and allows me to work between two offices. I can approve checks and approve deals from either office or on the couch at my house.
Claire Wellman-HoaglundNov 21, 2020Honestly the best customer service I could ever hope for. This program is amazing and the customer support is top notch. Thank you for all your help! I can’t tell you how many times you have saved me from a major headache!
Kim MagginiDec. 14, 2021As a broker, it's very important to monitor your agents' production on a consistent basis. Trends of production not only assist in determining financial aspects of the company, but also training, marketing and recruiting. Because of the amount of data that is involved with real estate transactions, it can be daunting to pull that information together on a regular basis. Having immediate access to reports gives the broker the flexibility to not only meet on a regular basis, but at a quick glance when having a last minute meeting with an agent.
Business planning for an agent can tend to be a bit overwhelming, but the most successful agents are committed to the process consistently. Providing them reports on their production allows them to not only plan for their business, but monitor the results throughout the year in order to adjust plans if necessary to achieve their goals.
- Loft47 is a solid cloud based application that manages real estate transactions, agents and document storage. It is user friendly and versatile such that we are able to build a platform of applications specific to the independent needs of each of our unique brokerage clients. It syncs seamlessly with the cloud based accounting software Xero. We've had only positive interactions with their integration and ongoing support teams. If you are considering a cloud based solution look no further than Loft47.
- Simple design, easy to use and a great support system. I recommend Loft47 to real estate brokerages in need of a reliable project management system.
- This is the most user-friendly and accurate website, easiest to navigate and gives the information needed, no more no less. I would recommend Loft47 to any Broker.
- After looking at a number of other potential back-office solutions for our Western Canadian Brokerages, Realty ONE Group selected Loft47. The support team has been amazing helping us onboard and any ongoing support our franchisees. Strongly recommend their program for any size brokerage