If there’s one question on the mind of every real estate agent, it’s “When do I get paid?” Commission disbursement forms, or commission disbursement authorizations (CDAs), allow title companies to cut checks to real estate agents at closing. This is a great way to ensure that agents get their commission payments as fast as possible, and it saves you the
You’re opening a new brokerage… it’s an exciting time! Whether you were a top producing agent or team at another brokerage or you’re taking your talents to a new city or state, growth is almost always what a new brokerage owner is aiming for. And technology is synonymous with growth, so you have some important decisions to make. The first
There’s a common expression that says, “Numbers don’t lie.” An agent can talk of success, but the numbers speak for themselves. High sales and the number of properties sold will tell the tale. The saying, though, depends on the assumption that the numbers are accurate. Accounting mistakes can result in inaccurate numbers, and suddenly, the numbers are lying. To make
If you’ve ever spent 45 minutes on hold just to talk to a tech support rep, then you have a good idea of what it’s like when technology distracts you from what you really want to be doing. Whether it’s selling more houses, recruiting more agents, or spending more time with your family – technology should be helping your accomplish
If you want to increase profits this year – and what brokerage owner doesn’t – the obvious solution is to recruit more agents. More agents = more sales = higher profits. But brokers often tell us that they’re already maximizing recruiting efforts. They’d like to shift focus to internal development by helping their existing agents produce more. The issue is
In terms of productivity applications, it’s hard to think of one with more impact on business than the humble spreadsheet. Excel and other programs are used in brokerages across the country to track agent commissions, and they work well, but do have drawbacks – not the least of which is accuracy. Studies show that 88% of spreadsheets contain errors. You
This year’s National Association of REALTORS© (NAR) Conference was held in Orlando, Florida, and attended by brokers, technology companies, vendors, and approximately 20,000 REALTORS©. We had the chance to connect with current and potential new clients over the course of four days and showcase some of the new products and services being offered, as well as discuss ways to reduce
Based in Gilbert, Arizona, JK Realty was using what they described as an archaic accounting system. They were frustrated with their current solution and ready for a change. When it came down to switching vendors, they found the process nerve-wracking and stressful, unsure of how their agents would be affected. In August, they attended an Inman Connect in San Francisco,
Track Inventory Emphasys’ Front Office platform, quick!Office Commander, provides complete inventory-management features in its Supplies module, including tracking and billing. The Inventory tab allows you to enter a description for each item, price per unit, and current amount in stock. If your office bills agents for supplies taken (e.g., stationery, folders, signs), you can create an invoice for each agent
We sat down with one of our partners earlier this week to spotlight their return to Emphasys late last year. Emilia Antunes, Director of Administration at Better Homes and Gardens Real Estate Signature Service, recalls the departure from LeadingEdge (acquired by Emphasys Software) and their presumptive return when their software change wasn’t what they were expecting. ANTUNUES: I’ve always been