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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 CommissionTrac?

Transform your brokerage by utilizing digital collaboration tools and managing back office functions from virtually anywhere. CommissionTrac is the ideal solution for overseeing all facets of your operations, including tracking deals, managing opportunities, and processing commission payouts, while also enabling the creation of your own internal database for comparisons. Provide your agents, principals, and back office staff with essential tools that facilitate a successful and efficient business environment, freeing them from the burdens of manual spreadsheet management and paper documentation. Eliminate the outdated methods of handling your pipeline and new deals, as CommissionTrac centralizes all operations, thus reducing redundant data entry. The platform enhances workflows for agents and back office teams, leading to increased productivity and profitability for everyone involved. By promoting transparency, organization, and efficiency, CommissionTrac delivers a holistic solution that seamlessly connects the agent’s deal pipeline with back office automation and reporting, ensuring every aspect of your brokerage operates effectively. This comprehensive management system not only simplifies tasks but also fosters improved decision-making throughout the organization, paving the way for sustained growth and success. Ultimately, embracing CommissionTrac means investing in a brighter future for your brokerage.

Media

Media

Integrations Supported

CompliantPro
Docusign
QuickBooks Accountants
QuickBooks Online
Rechat
Salesforce
SkySlope
Xero
dotloop

Integrations Supported

CompliantPro
Docusign
QuickBooks Accountants
QuickBooks Online
Rechat
Salesforce
SkySlope
Xero
dotloop

API Availability

Has API

API Availability

Has API

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.
Free Version
Free Trial Offered?

Pricing Information

$60 per month
Free Version
Free Trial Offered?

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Loft47

Date Founded

2015

Company Location

Canada

Company Website

www.loft47.com

Company Facts

Organization Name

CommissionTrac

Date Founded

2016

Company Location

United States

Company Website

commissiontrac.com

Categories and Features

Real Estate Agency

Calendar Management
Client / Property Matching
Client Database
Commission Management
Contact Management
Contract Management
Email Marketing
Flyer / Catalog Printing
Lead Management
Listing Management
Property Database
Website Management

Categories and Features

Accounting

Accounts Payable
Accounts Receivable
Bank Reconciliation
Billing & Invoicing
CPA Firms
Cash Management
Cryptocurrency Support
Expense Tracking
Fixed Asset Management
Fund Accounting
General Ledger
Government
Multi-Currency
Nonprofits
Payroll Management
Project Accounting
Purchase Orders
Tax Management

Commission

Affiliate Management
Agency Commission
Commission Calculations
Commission Scheduling
Commission Tracking
Compliance Management
Flat Commissions
Incentive Programs
Multi-Tiered Commissions
Percentage Commissions
Sliding Scale Commissions
Split Commissions

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