Brokers Management System

Brokers Management System, developed by Software Tree Inc., is a real estate brokerage software designed to streamline and automate various aspects of back-office operations. According to the vendor, this software solution is suitable for both single and multi-office companies in the real estate industry, including real estate agencies, brokers, agents, property management firms, and real estate investment companies.

Key Features

Accounting Transaction Manager: According to the vendor, this software provides a solution for managing accounting transactions securely from anywhere on the internet. It supports both single and multi-office companies.

Sales And Management Reports: Generate management reports to track agent production, volume, ranking, commissions paid, commission details, billing invoices, transaction production, deductions, accounts payable, general ledger activities, and more. Custom reports are also available, according to the vendor.

Backoffice Transactions: According to the vendor, this feature helps organize and manage back-office workflow efficiently. It automates commission calculations, prints transaction records, recovers agent expenses on commission checks, and ensures financial integrity with a full audit trail.

Commissions: According to the vendor, this software handles various commission-based compensation plans. It accommodates an unlimited number of agents and commission plans, automatically calculates deductions and charge-backs, recalculates cumulative earnings at closing, and allows for manual overrides and agent deductions.

Agent Billing: This feature enables billing for agents or agent groups. It supports limitless billing items and recurring billing items, automatically calculates markups, and provides agents with access to their invoices through the Agent Portal, according to the vendor.

Accounts Payable: According to the vendor, this software allows for easy management of accounts payable with customizable general ledger distribution, automatic tax calculation, individual distribution by office and project, and the ability to bill one or more agents for their portion of an A/P invoice. Multiple tax accounts and automated G/L account distribution are supported.

General Ledger: The fully integrated general ledger feature comes with a customizable chart of accounts, according to the vendor. It manages multiple escrow, trust, commission trust, and bank accounts, assists with bank reconciliations and month-end/year-end closings, and allows for accounting data export to third-party software.

Letter Writer: According to the vendor, this feature allows users to generate user-editable letter templates for various purposes, customizing them as needed.

Front Desk Manager: This feature handles showing appointments, showing feedback and confirmation emails, agent messaging and client tracking, leads management, agent communications, and integration with answering services or call centers. According to the vendor, it is accessible from anywhere on the internet.

Agent Portal: According to the vendor, agents can access appointments, messages, leads, listings, and reports through the Agent Portal. They can book and review appointments, search and view messages, email clients and office staff, use the electronic In/Out Board to display availability, generate listing reports, and view personal production, commission, and invoices.