TrustRadius Insights
CORE BackOffice is a software solution that has been highly regarded by its users for its ability to address key business problems and …
Overview
What is CORE BackOffice?
CORE BackOffice provides a single, streamlined solution to manage agent onboarding and billing, commission tracking and disbursements, along with reporting and accounting - so a brokerage can run smoothly & profitably.
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What is CORE BackOffice?
CORE BackOffice provides a single, streamlined solution to manage agent onboarding and billing, commission tracking and disbursements, along with reporting and accounting - so a brokerage can run smoothly & profitably.
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- Free Trial
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- Premium Consulting/Integration Services
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Product Details
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- Tech Details
What is CORE BackOffice?
CORE BackOffice provides a single, streamlined solution to manage agent onboarding and billing, commission tracking and disbursements, along with reporting and accounting - so a brokerage can run smoothly & profitably.
CORE BackOffice, formerly BrokerSumo, is designed for real estate brokerages who need an easier way to manage their commissions & financials. From automated agent onboarding and billing to transaction review and dynamic commission disbursements, CORE BackOffice makes managing and paying agents easier. Its performance reporting and automatic accounting software sync provide visibility.
CORE BackOffice also picks up where the brokerage's transaction management program leaves off. Users can track their deal pipeline, lead source, projected commission income and closed deals. Sync transaction data with SkySlope, Dotloop and DocuSign Transaction Room. Create dynamic commission disbursements using the agent’s commission plan to automatically calculate their commission. Set up agent billings and process their credit cards within the system or automatically track and deduct their fees from a transaction.
CORE BackOffice, formerly BrokerSumo, is designed for real estate brokerages who need an easier way to manage their commissions & financials. From automated agent onboarding and billing to transaction review and dynamic commission disbursements, CORE BackOffice makes managing and paying agents easier. Its performance reporting and automatic accounting software sync provide visibility.
CORE BackOffice also picks up where the brokerage's transaction management program leaves off. Users can track their deal pipeline, lead source, projected commission income and closed deals. Sync transaction data with SkySlope, Dotloop and DocuSign Transaction Room. Create dynamic commission disbursements using the agent’s commission plan to automatically calculate their commission. Set up agent billings and process their credit cards within the system or automatically track and deduct their fees from a transaction.
CORE BackOffice Technical Details
| Operating Systems | Unspecified |
|---|---|
| Mobile Application | No |
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Community Insights
TrustRadius Insights are summaries of user sentiment data from TrustRadius reviews and, when necessary, 3rd-party data sources. Have feedback on this content? Let us know!
- Business Problems Solved
- Pros
- Cons
- Recommendations
CORE BackOffice is a software solution that has been highly regarded by its users for its ability to address key business problems and improve efficiency in the real estate industry. Users have found that the software helps them stay organized and submit documents and information to their brokerage in a timely manner, solving the problem of transaction management by keeping transactions and payments clean and organized. Additionally, the software offers the convenience of electronic signatures, revolutionizing the way real estate agents do business and making it quick and easy to get documents signed by out-of-town buyers.
CORE BackOffice simplifies the complex job of real estate professionals, helping them finish tasks early and in a smarter way. The efficiencies gained from using the software have made it worth it for users, as it allows them to achieve better efficiencies and decrease their workload. Furthermore, users appreciate that the software integrates with Dropbox and Quickbooks, saving them valuable time by eliminating the need to enter information twice or download/upload files. With CORE BackOffice, users no longer worry about having all their documents together as the software keeps everything in one place, replacing a paper system for accounting and commission management and reducing the risk of losing important documents. Overall, CORE BackOffice has become an indispensable tool for real estate professionals, enhancing organization, time management, communication with clients and brokers, and ultimately streamlining various aspects of the real estate brokerage business.
Streamlined Process: Multiple users have found that CORE BackOffice streamlines the process of entering information and documents for listings and sales. They appreciate how it simplifies their job and makes it feel like a piece of cake.
Efficient Commission Handling: Reviewers have mentioned that CORE BackOffice handles commissions when transactions close, eliminating the need for manual calculations. This feature has saved them time and effort, as most payments are automatically made by the software.
Easy Transaction Management: Many users find transaction management easy with CORE BackOffice. They appreciate features such as being able to see what documents have been uploaded for each transaction, communicating directly with their brokerage through the software, and having instant access to information.
Inadequate Design: Some users have expressed that the software could benefit from better design to enhance their understanding of customer demands.
Unclear Cost Procedure: Several reviewers have mentioned that the cost procedure is unclear and not always worth it, indicating a need for a more streamlined and cost-effective option for obtaining digital signatures.
Difficulty in Navigation: A common issue raised by users is the initial difficulty in navigating and understanding the system. However, with time, they eventually become accustomed to it.
Users highly recommend the software, suggesting that it is worth using and giving it a chance. They also recommend trying out the free trial to determine if the benefits are worth the price. Additionally, users suggest going through the tutorial instructions and watching YouTube videos for setup assistance. This will help users familiarize themselves with the software's features and make the most of its capabilities. Brokers, in particular, are recommended to use this software as it can greatly simplify their work processes. When adding agents, uploading all information is suggested to ensure accurate auto-populated fields. Overall, users highly recommend this software for its great features and its potential to make brokers' lives easier.