Built for
Real estate financial flows first: commissions, trust subledgers, compliance triggers, agent payouts
Back office module inside a front-office-first ecosystem (kvCORE, BoomTown)
Accounting layer added onto a transaction/forms management platform
Full accounting system inside a broader front-to-back office stack, accountants must learn a niche product
Commission complexity
Every split structure, cap, fee, and team arrangement, calculated automatically
Automated splits with brokerage defaults
Tiered splits, fees, and royalties via customizable formulas
Splits, fees, and disbursements calculated at deal creation
Trust & escrow accounting
Audit-ready reports, automatic subledger and liability tracking. built to comply with trust accounting rules in 39 states and 6 provinces
Present, secondary to the transaction workflow, not all users are connected to accounting
CDA automation and aging reports; less emphasis on multi-jurisdiction trust subledgers, when using ‘books’ accountants must learn a niche product
GAAP-compliant no separate GL required
AI in the core workflow
Contract data extraction, compliance-before-payout, live across the platform
Not a stated focus area as of this writing
Not a stated focus area as of this writing
Not a stated focus area as of this writing
Who owns it
Founder-led, independent
Inside Real Estate / BoldTrail (acquired Brokermint via BoomTown, 2021 and 2023)
Majority owned by Fidelity National Financial, a title insurance company (since 2017)
Backed by Stone Point Capital, private equity (previously Vista Equity Partners)
Contracts & data portability
No contracts, no lock-in, your data leaves with you
Brokerages that have switched to Loft47 often mention being locked into contracts
Brokerages that have switched to Loft47 often mention being locked into contracts
Brokerages that have switched to Loft47 often mention being locked into contracts
Optional white-glove service
Trained specialists can process deals for you, per file
Not publicly offered
Not publicly offered
Not publicly offered
Onboarding
White-glove services, 4-6 hours of one-on-one training. Assistance with data migration and live in as little as a few days
Brokerages that have switched to Loft47 often mention mostly self-directed onboarding
Brokerages that have switched to Loft47 often mention mostly self-directed onboarding
Brokerages that have switched to Loft47 often mention greater than 6-week onboarding and a 6-month learning curve
Support
Live chat support answered in under 2 minutes, email and deep knowledge base
Brokerages that have switched to Loft47 often mention wait times of a day or more
Brokerages that have switched to Loft47 often mention wait times of a day or more
Support is reported as good, albeit ‘Agent first’. Accounting support levels are not publicly stated