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The broker owner, their branch managers and agents have secured on-line access to the reporting that results from the on-line solution. Reporting is tailored to expose or reduce sensitive data based upon the role of the person within the firm.
The broker owner still requires a QuickBooks-like system as SalesTrax does not cover general accounting functions (paying rent, supplies, etc). The closing process produces commission instructions to enable the broker owner to disburse commission payments.
Why a broker owner would sign up for the service?
There is no expensive software to purchase, install, maintain or the need for a highly skilled back office administrator. All of the complexities associated with back office processing are done by fully trained professionals at SalesTrax. No more hassle, agent complaints or the high cost of in-house personnel or training associated with ins and outs of a real estate commission system. Yet, the broker owner, their branch managers and agents are provided with real-time business intelligence reporting.
What does it cost?*
- There is a one time set up fee of $1499.00 to cover the initial implementation and validation of the broker owner’s business rules and commission compensation plans and then reviewing these configurations annually in the event adjustments are required.
- A monthly fee of $129 for data storage and reporting services
- A $15 fee per side for the pending sale entry and maintenance
- A $35 fee per side for the closing of a pending sale
- A $25 fee to manage any escrow funds associated with a sale transaction
*Pricing varies based on the size of the firm
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