When your brokerage was small, tracking commissions in an Excel spreadsheet or Google Sheets probably worked just fine. You could set up your own formulas, keep tabs on deals, and make quick edits as needed. But when your company starts to grow, everything changes. More agents. More deals. More complex commission plans. Suddenly, those simple spreadsheets aren’t so simple anymore. … Read More
I Have Hundreds of Agents and Too Many Split Plans. What can automate this?
If you’ve ever tried to manage commission splits for a few hundred agents, you know this pain all too well.You’re juggling legacy spreadsheets, sticky notes, one-off emails, and mental math that would make a CPA weep. The more your brokerage grows, the more complicated it gets: New agents with onboarding promos Senior agents on legacy deals Team-specific splits Brokerage-wide royalty … Read More
“I Need a Back Office That Doesn’t Suck” — Why Brokerages Deserve Better
Let’s be honest — nobody gets into real estate because they love the back office. And yet, here we are… drowning in spreadsheets, manually updating commission splits, and wondering why software built in the early 2000s is still hanging on by a thread (and a fax machine). I’ve spoken to hundreds of Broker Owners over the years, and one sentiment … Read More
Drowning in Spreadsheets? Best Excel Alternatives for Stress-Free Commission Management
Excel alternatives are becoming essential for businesses tired of wrestling with spreadsheets for commission management. While Excel has been the go-to tool for decades, it creates significant headaches when tracking and calculating sales commissions at scale. Spreadsheet errors, version control nightmares, and the inability to handle complex commission structures make Excel increasingly problematic for growing sales teams. Fortunately, purpose-built commission … Read More
The Future of Real Estate Transactions: Why Automation Matters
The Future of Real Estate Transactions: Why Automation Matters The real estate industry is on the brink of a significant transformation, driven by technological advancements that are reshaping how transactions are conducted. As automation and artificial intelligence (AI) become increasingly integrated into the real estate landscape, professionals in the field must adapt to these changes to remain competitive. This article … Read More
Why Smart Broker Owners Outsource Commission Management in 2025 [Expert Guide]
Managing real estate commissions manually costs broker owners an average of 30 hours per month – valuable time that could be spent growing their business. As more brokerages expand their operations in 2025, the decision to outsource commission management has become increasingly crucial for sustainable growth. In fact, the complexity of commission calculations, payment processing, and compliance requirements continues to … Read More
Escape the Regulatory Maze: Your Lifeline to Escrow & Trust Fund Safety
The real estate industry operates on a foundation of trust, with brokerages often handling substantial sums of money on behalf of clients. These funds, known as earnest money or trust deposits, play a crucial role in property transactions. However, managing these assets comes with stringent regulatory oversight and potential consequences for mishandling. At Loft47, we provide software and services for … 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
Priceless: The Unbeatable Value of Loft47
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