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Brokermint

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Are you moving at the speed of the market? Or are you held back by bottlenecks, manual processes, duplicate data entry, and mistakes?

It’s time to accelerate your business. Today’s back office is automated. Today’s back office is Brokermint.

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Real estate runs on the back office. The back office runs on Brokermint.

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Transaction Management

  • Brokermint eSignature with forms
  • Checklists
  • Calendars and notifications
  • Offer management
  • Secure document storage
  • Compliance audit trail

Commission Automation

  • No more spreadsheets
  • Get commissions right every time–automatically
  • Use multiple commission plans
  • Include splits, fees, sliding scales
  • Supports teams
  • No manual data entry

Accounting

  • Reimagined for real estate
  • Next-day ACH payments
  • Agent billing
  • General ledger
  • Transaction and agent ledgers
  • Integrates with QuickBooks

 

Agent Management

  • Agent onboarding
  • Agent goals and production
  • Store compliance documentation
  • Agent dashboard

 

Reporting and Analytics

  • Use our pre-built reports
  • Create your own custom reports
  • Agent and brokerage production
  • Lead source ROI

 

Integrations

  • Integrates with 50+ platforms
  • CRMs 
  • MLSs 
  • QuickBooks
  • Realogy Dash
  • Open API

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Products by Brokermint

Related Articles

Center for REALTOR Financial Wellness: Tax Summit
February 1, 8, 15 and 22, 2023 at 11:00 AM PST REALTORS® are facing a long list of tax changes for the 2022 filing year. New and complex rules, annual inflation adjustments, and tedious documentation can impact any taxpayer without a plan or expert guidance. Hear from certified professionals and get the tips needed to save time and money while reducing your stress this tax season. Register to attend NAR’s Financial Wellness 2023 Tax Summit. Date and Session Details: February 1: Tax Guidance & QBI Overview for New REALTORS® February 8: Tax Trouble - Laws, Rules, & Decisions February 15: Tax Tips for Investment Properties & Second Homes February 22: Lower Your 2022 Tax Bill With This Unique Wealth Building Strategy Register
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The Top 3 Back-end Integrations for Teams and Brokers
We recently highlighted software integrations that can save real estate agents time and money. While there is some overlap, brokerages and real estate teams have different needs, especially when it comes to handling back-end issues like commission structures and accounting. Which integrations are most useful for brokerages and teams, and how can they help streamline your business operations? Let's explore. What Can Back-end Integrations Do for You? As we stated previously, the transaction is the core of any real estate business, so using your transaction management platform as the hub of your integration efforts is an efficient strategy. Before we dive into specific apps, let's look at what integrating your transaction management and back-end solutions can do for your business: Automate commission disbursement upon close of transactions Simplify year-end accounting, including generation of 1099s Allow agents to "subscribe" to a personal data feed that simplifies their own accounting Keep agents aware of issues like missing items, payouts, or deposits Simplify compliance and the document review process Track profit and loss per transaction Give agents access to their performance and payment history And more! The Top 3 Back-end Integrations for Brokers and Teams Now, let's explore specific back office apps and what they're capable of when integrated with your transaction management system. To help us illustrate these examples, we'll use dotloop as our sample transaction management platform, because it offers over 75 integration partners and is one of the best-integrated technologies in the industry. According to dotloop, the most popular back-end integrations for brokerages and teams are the following: MoxiWorks MoxiWorks offers a suite of tools for real estate professionals to do everything from managing clients to handling accounting. MoxiWorks' client engagement platform, MoxiEngage, integrates with dotloop to automatically include the transaction within the lead-to-close sales flow. Agents can create a dotloop transaction (known as a "loop") within MoxiEngage, submit documents for review, and see task checklists from the transaction embedded within MoxiWorks' broader sales flow checklist. MoxiBalance is the app that resulted from MoxiWorks' acquisition of accounting solution Reeazily in 2021. This integration automates commission payments upon a transaction's close and lets users manage escrow deposits. Transaction data can also sync to MoxiBalance to give brokers insight into agent performance. Loft47 Loft47 is a commission management app that can import all parties, financial information and documents from a dotloop transaction. This allows commissions and splits to be automatically paid out upon close, and at year end, enables 1099s to be generated with ease. In the midst of a transaction, the Loft47 integration keeps agents and brokers aware of issues like overdue items or transactions with lingering deposits requiring payouts, thanks to synced documentation and checklists. QuickBooks QuickBooks is a heavyweight accounting app leveraged across industries of all kinds. Within real estate, the QuickBooks-dotloop integration allows for standard automations like commission disbursements, earnest money management and 1099 creation. The integration also lets brokers track expenses that aren't typically included in a transaction management app, giving brokers insight into their profit and loss per transaction and per agent. See what other back-end integrations are available to brokerages and teams here. To learn more about dotloop, visit
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Don't Forget These Real Estate Tax Deductions
We are about month away before our taxes are due. We hope that you've already submitted your taxes, but if not, we have a few real estate tax deductions to consider. These are expenses that you have that you might not realize are deductible. As always, be sure to consult a professional to maximize your tax return. Here are real estate tax deductions you should not forget: 1. Conferences If you are going to attend a real estate conference, you can add "deductible tax expense" to the list of benefits you get from attending one, such as networking, out of state referrals, and the education. 2. Your Camera If you have made video marketing part of your real estate business, that fancy camera you purchased is also a business expense! 3. Dry Cleaning Meeting people in person means you need to look your best! At the bare minimum, you should wear clean clothes. 4. Car Washes Clean clothes should be complemented by a clean car. Whether you are driving your client, or letting them follow you, you should always have a clean vehicle. 5. Your Tablet Tablets are worth considering as a replacement for a laptop, especially when you are always on the go. If you purchased one last year, we hope you kept the receipt! 6. Office Supplies Most small items that you use to ensure your office is fully stocked are considered a business expense. This includes paper, folders, pens, stationery, printer ink, and even snacks you keep around to offer to your clients! 7. Parking Fees If you've ever had to pay for parking while on the clock, this is a business expense. 8. Coaching Any sort of coaching you do—whether it be online, over the phone, or in person—is an investment into improving your business and is also deductible. 9. Online Ad Spend This refers to any money you spend on ads specifically. You should be keeping track of your online marketing spend anyway. You can use this business plan to help you keep track for next year. 10. Software Subscriptions If you subscribe to software, you should definitely claim that on your tax return! There are plenty more possible tax deductions that you may not be aware of. Zurple has created a checklist for you to print out when you review last year's expenses. Download it here for free. To view the original article, visit the Zurple
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