Combat the Changing Economy by Consolidating Expenses

With soaring home prices being accompanied by climbing mortgage rates, the real estate market is currently in a very unique position. 

Many are comparing the current situation to the 2008 housing bubble, but the foundation of the current market is much more stable than 2008 with borrowers being more qualified than ever and a tremendous amount of cash buyers as well. 

It is hard to predict what will happen in the coming years and months; however, there are a few things that you can do as a real estate broker to prepare for this. One of those things that many are doing to prepare for this shift is consolidating all sorts of expenses, particularly back office, operational budget line items.

Consolidate Your Back Office Software

Most brokers and agents are piecing together multiple back office platforms that only do one or two things (CRM, transaction management, marketing, accounting, etc.).  Back office systems that are constructed by cobbling together multiple programs are set up for failure. 

  • Many different solutions do not integrate with one another
  • You and your agents waste time constantly switching between different software
  • Important data is lost
  • Data is not consistent
  • It is inconvenient to train agents on multiple platforms. 
  • The price adds up

Using an all-in-one platform, like TotalBrokerage, not only simplifies and streamlines the entire real estate transaction process from contact through closing, but most brokerages save money by consolidating all of their back office expenses into one monthly cost. Save time and money!

Your Accountant Will Thank You

While using TotalBrokerage to run your back office consolidates your expenses on the back end, it also keeps track of all of your brokerage’s other expenses and automatically calculates agent commission splits. Use QuickBooks Desktop or QuickBooks online? TotalBrokerage natively syncs to both platforms, so your brokerage’s accounting process is a breeze. 

TotalBrokerage is the best back office platform in the market for any brokerage looking to consolidate its back office expenses with the accounting features to track all other expenses and transactions. 

Our All-in-One Real Estate Brokerage Software Solution Features:

Lead Management, CRM, Marketing, Transaction Management, E-Signature, Commissions & Accounting, Reporting, Agent Onboarding, Human Resources, Intranet, API & Zapier, Auditing & History