“Actual property groups are operating more and more advanced companies inside brokerages, they usually deserve the identical monetary intelligence and automation that dealer homeowners get pleasure from,” Loft47 CEO and founder Sasha Hryciuk mentioned. “Loft47 for Groups eliminates the handbook reconciliation, spreadsheets and guesswork that decelerate workforce leaders. They’ll now entry clear, significant information in actual time and spend their power driving manufacturing and profitability.”
Whereas the product makes use of Loft47’s current back-office framework, the brand new platform provides options tailor-made to workforce buildings, together with automated commission allocations, sub-team monitoring and deductions.
It additionally displays deposits for each transaction, calculates gross fee earnings per agent and supplies an on the spot readout of web workforce earnings.
Crew leaders can view efficiency developments, money circulate and particular person agent or sub-team metrics by a unified dashboard. The system additionally makes use of AI-powered doc auditing to extract key contract particulars and examine compliance mechanically.
All deal information and accounting processes — from deposits to payouts to reconciliation — are centralized, the corporate mentioned.
Early adopters have reported as much as a 70% discount in time spent on fee calculations, greater than a 90% drop in handbook entry errors and a 50% time financial savings per deal for directors.
“Loft47 has utterly modified the way in which we perceive our workforce’s monetary efficiency,” mentioned Claire Crawford, director of operations and affiliate dealer of the Crawford and Lee workforce with RE/MAX Realty Providers. “For the primary time, we will clearly separate our workforce earnings from the commissions paid out to our brokers and immediately see how the enterprise is definitely performing.
“The system is simple for our admins to make use of, integrates seamlessly with Xero, and provides us confidence that our numbers are correct each single month. Loft47 has turn out to be the monetary spine of our operations.”
The Crew Expertise Dashboard affords interactive snapshots of fee splits, earnings, closings, pipeline exercise and lead sources.
Loft47 for Groups additionally integrates with broadly used trade instruments — together with Rechat, Dotloop, DocuSign Rooms, SkySlope, Zum Rails, QuickBooks On-line and Xero.
Loft47 mentioned onboarding sometimes takes lower than 30 days, with a evaluation of a workforce’s construction and accounting workflows, adopted by configuration of imported offers, customers and fee fashions.
Groups then full coaching and check runs earlier than going stay, with continued help after launch, in keeping with leaders.
