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What is Loft47?

Loft47 is a cutting-edge commission management platform aimed at simplifying laborious tasks while offering extensive financial functionalities for brokerages and their agents. Our unique fee structures promote flexibility in commission strategies, while our meticulous automated accounting ensures that accountants can maintain compliance and achieve satisfaction. We integrate seamlessly with leading tools to enhance the utility of your data. By inputting information just once, you gain easy access to clear and insightful metrics. With Loft47, you can effectively oversee commission payments, track cash flow and expenses, forecast revenue, and evaluate both performance and profitability. Imagine running a fully integrated, collaborative, and cohesive brokerage where you have a comprehensive view of all transactions in progress, can accurately forecast revenue, and pinpoint profitability sources. You will have confidence in your financial information, allowing you to deliver real-time, valuable insights to your agents, which promotes transparency and teamwork across your organization. This heightened level of transparency not only improves decision-making processes but also empowers your team to achieve greater success. Ultimately, Loft47 transforms the way brokerages manage their financial operations, fostering a culture of efficiency and collaboration.

What is BrokerSumo?

BrokerSumo is a cloud-driven commission management platform tailored for real estate brokers and their teams. This all-inclusive software amalgamates vital tools that real estate professionals need to proficiently manage their office workflows, financial management, and agent oversight within an intuitive interface. It simplifies the entire process, covering everything from the onboarding of new agents and monthly billing to customizing commission plans and managing closing costs, thereby providing a smooth operational experience. Moreover, BrokerSumo features integration with QuickBooks, which simplifies accounting tasks for its users. This functionality enhances overall efficiency and minimizes administrative challenges in the real estate sector, ultimately allowing brokers to focus more on their core business activities. As a result, BrokerSumo stands out as an essential tool for modern real estate practices.

Media

Media

Integrations Supported

Docusign
dotloop
QuickBooks Accountants
Rechat
SkySlope
Xero

Integrations Supported

Docusign
dotloop
Dropbox
QuickBooks Online

API Availability

Has API

API Availability

Pricing Information

600.00
Monthly licensing starts at $600/month (USD) based on active agent count. Includes all features, unlimited admin seats, unlimited offices, and all integrations. No per-user fees beyond agents.

Optional $47/deal managed service available — Loft47's expert team handles deal processing with AI-powered workflow.

One-time setup fee covers data migration, integration configuration, onboarding, and training.

No contracts. Month-to-month. Annual discounts available.

Pricing Information

$45.00/month/user
$99 Per Month + $1.50 Per Agent/Per Month
Free Trial Offered?

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Standard Support
Web-Based Support

Customer Service / Support

Standard Support

Training Options

Documentation Hub
Online Training
On-Site Training

Training Options

Webinars
Online Training

Company Facts

Organization Name

Loft47

Date Founded

2015

Company Location

Canada

Company Website

www.loft47.com

Company Facts

Organization Name

BrokerSumo

Date Founded

2014

Company Location

United States

Company Website

www.brokersumo.com

Categories and Features

Brokerage Management

Not specified

Real Estate Agency

Client Database
Commission Management
Contact Management
Listing Management
Property Database

Categories and Features

Lease Management

Billing & Invoicing
Lease Classification

Real Estate Agency

Commission Management
Contract Management

Real Estate CRM

Interaction Tracking
Referral Tracking
Segmentation

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