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Are you moving at the speed of the market? Or are you held back by bottlenecks, manual processes, duplicate data entry, and mistakes?

It’s time to accelerate your business. Today’s back office is automated. Today’s back office is Brokermint.

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Real estate runs on the back office. The back office runs on Brokermint.

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Transaction Management

  • Brokermint eSignature with forms
  • Checklists
  • Calendars and notifications
  • Offer management
  • Secure document storage
  • Compliance audit trail

Commission Automation

  • No more spreadsheets
  • Get commissions right every time–automatically
  • Use multiple commission plans
  • Include splits, fees, sliding scales
  • Supports teams
  • No manual data entry

Accounting

  • Reimagined for real estate
  • Next-day ACH payments
  • Agent billing
  • General ledger
  • Transaction and agent ledgers
  • Integrates with QuickBooks

 

Agent Management

  • Agent onboarding
  • Agent goals and production
  • Store compliance documentation
  • Agent dashboard

 

Reporting and Analytics

  • Use our pre-built reports
  • Create your own custom reports
  • Agent and brokerage production
  • Lead source ROI

 

Integrations

  • Integrates with 50+ platforms
  • CRMs 
  • MLSs 
  • QuickBooks
  • Realogy Dash
  • Open API

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Products by Brokermint

Related Articles

Don't Forget These Real Estate Tax Deductions
We are about month away before our taxes are due. We hope that you've already submitted your taxes, but if not, we have a few real estate tax deductions to consider. These are expenses that you have that you might not realize are deductible. As always, be sure to consult a professional to maximize your tax return. Here are real estate tax deductions you should not forget: 1. Conferences If you are going to attend a real estate conference, you can add "deductible tax expense" to the list of benefits you get from attending one, such as networking, out of state referrals, and the education. 2. Your Camera If you have made video marketing part of your real estate business, that fancy camera you purchased is also a business expense! 3. Dry Cleaning Meeting people in person means you need to look your best! At the bare minimum, you should wear clean clothes. 4. Car Washes Clean clothes should be complemented by a clean car. Whether you are driving your client, or letting them follow you, you should always have a clean vehicle. 5. Your Tablet Tablets are worth considering as a replacement for a laptop, especially when you are always on the go. If you purchased one last year, we hope you kept the receipt! 6. Office Supplies Most small items that you use to ensure your office is fully stocked are considered a business expense. This includes paper, folders, pens, stationery, printer ink, and even snacks you keep around to offer to your clients! 7. Parking Fees If you've ever had to pay for parking while on the clock, this is a business expense. 8. Coaching Any sort of coaching you do—whether it be online, over the phone, or in person—is an investment into improving your business and is also deductible. 9. Online Ad Spend This refers to any money you spend on ads specifically. You should be keeping track of your online marketing spend anyway. You can use this business plan to help you keep track for next year. 10. Software Subscriptions If you subscribe to software, you should definitely claim that on your tax return! There are plenty more possible tax deductions that you may not be aware of. Zurple has created a checklist for you to print out when you review last year's expenses. Download it here for free. To view the original article, visit the Zurple
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Tax Tips Every Real Estate Agent Should Know
As an agent or broker, you are often required to spend money in order to make it. Before you can collect commission on a home, there are a variety of tasks you must complete, such as marketing the property, promoting yourself to attract clients, handling your business operations, and much more. The costs of these business necessities can add up quickly. So being aware of some tax tips for real estate agents can save you a significant amount of money every year. Tax Deductions to Be Aware of Of all the tax tips for real estate agents, being aware of the allowable deductions available to you, and taking full advantage of them, is the best tip you can take. Even minor costs that aren't critical to your business, but are related to it, can be deducted. Listed below are some of the most common agent and broker deductions: Marketing expenses – Included in these expenses would be open house flyers, website development and maintenance, business cards, and any other promotional materials for yourself and homes you are representing. Coaching, training, and educational course costs Licencing and renewal fees Business operations fees – Included in these fees would be real estate association dues, MLS dues, and brokerage desk fees. A smartphone or computer can also be deducted if you use it for any business related tasks. Transportation – Any and all transportation costs associated with your business can be deducted. This would include gas, auto repairs, insurance, parking, airfare, and any lodging needed for business related purposes. Home office expenses – A portion of many home expenses can be deduced based on square footage of the office compared to your home. Expenses such as a percentage of your mortgage, utilities, repairs needed, and insurance are all eligible for deductions. Gifts – Gifts given to help procure clients, solicit referrals, or maintain a relationship with them in any way can be deducted. Although be cautious with this, because only $25 per client, per year, can be deducted. It is important that you document all your business expenses so you can accurately deduct them on your tax forms. Since you are more than likely considered self-employed and required to fill out a 1099 at the end of the year, carefully tracking your business expenses is vital in order to obtain the most deductions. This allows you to keep as much of your income as possible every year. Remember that only real estate business expenses are eligible for deductions. For a general rule, all expenses deducted must be ordinary, necessary, directly related to your business, and for a reasonable amount. To ensure you are following this rule, carefully consult IRS Publications 463 and 535 or a real estate tax specialist for more specifics. If You Can't Organize Your Taxes Before the Deadline, File for an Extension You have a ton on your plate every year, and ensuring your business taxes are in order can take quite a bit of time. So if you find yourself falling a little behind on making sure your taxes are in tip top shape, no need to stress. You can file for an extension, allowing you to file your taxes six months in the future. An extension doesn't allow you to pay your taxes at a later date, though. You still must pay your best estimate of what you would owe. Then at the end of six months when you have everything in order, you can account for any adjustments. Consult a Professional Keeping all the ins and outs of your real estate business taxes straight can be very difficult, especially if you are a new agent or if taxes just really aren't your thing. Regardless of how comfortable you are with filing your business taxes, though, it is still important to consult a professional. One mistake could be very costly for you and your business. A real estate tax specialist will help you avoid this predicament, and ensure that everything is in order. They will walk you through every tax tip for real estate agents, and even help you get your fillings straight. So consulting one is definitely in the best interests of you and your business. To view the original article, visit the Transactly
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[Best of 2021] What Salary Can You Expect to Make as a Real Estate Agent?
We're continuing an annual tradition of counting down our top 10 articles of the year. The following article was originally published in July and is #2 in our countdown. See #3 here. You hear about real estate agent salaries all the time. And on top of that, popular reality TV shows are glamorizing the lifestyle of a real estate agent. But, in truth, a real estate agent's salary varies depending on a number of conditions. That aside, once you become a seasoned real estate agent or even a real estate broker, your salary will significantly change. But it's always that sunshine and rainbows in the beginning. This is why we've created this post to show you what you can expect to make as a real estate agent. Please factor in that this will vary state by state. Here Are the Basics Being a real estate agent isn't your basic 9-to-5 office job. Chances are, you will be working from home, working from your car, coffee shop, and the office here and there. You'll also have to consider the fact that some real estate agents choose to dedicate more than 40 hours a week to this, whereas others choose to keep this strictly as a side career. However, according to NAR 2020 Member Profile, 73% of REALTORS® say that real estate is their only occupation. That number is a lot higher for those who have over 16 years of experience is real estate. That being said, you also have to factor in personal expenses, especially in your first year of real estate. Only then can you really consider yourself a paid real estate agent. This leads to our next key point... Are You a Part-time or Full-time Real Estate Agent? Being a part-time or full-time real estate agent will have an effect on your salary. Keep in mind, especially when you're a rookie real estate agent, you need clientele and you need a good strategy to follow up with referrals and gain more leads. The more time you invest into your real estate business, the more effect it will have on your real estate salary. According to a 2020-2021 report by McKissock Learning, the more hours an agent has invested into their real estate business per week, the higher their salary was. For example, an agent investing less than 20 hours a week would get paid an average annual income of about $22,000 compared to a real estate agent investing 51-59 hours a week and getting an average annual income of approximately $85,800. All in all, investing more hours into your lead generation and follow-up, organizing your database, updating your agent website and posting on your social media really makes a difference in what salary you should expect as a real estate agent. Take Brokerage Fees into Consideration In places like Ontario, real estate agents are required to work for a brokerage and, therefore, have to pay a certain percentage to the brokerage. According to a post published by Get What You Want, a real estate agent is required to give a certain percentage of their commission to their brokerage. This could be roughly anywhere between $2,900-$3,825 depending on where you live and what commission you've earned. How You Can Earn More as a Real Estate Agent If you've made it this far, you will have, at some point, felt a little overwhelmed. Especially as a new agent, you are already so overwhelmed with all of your expenses, broker fees, and taxes. Considering all of this, your fantastic-looking gross income could end up looking a little less fantastic. However, there are solutions. While it won't happen within the course of a day, making certain changes to your real estate business can help you earn more as a real estate agent. So how do you increase your salary as a real estate agent? Start by investing in yourself. With the right tools, you can really take your real estate business to the next level. A simple tool to get started would be a real estate CRM. A CRM is a contact relationship management software. This is just the tool you need to organize your database, make notes, schedule and send automated emails and eNewsletters, build a beautiful real estate agent website and so much more! A real estate CRM that will take your real estate business to the next level and have you earning more as real estate agent would also come equipped with a marketing automation system. This is where you will feel like you have your own personal assistant without having to hire someone. So How Will This Affect Your Salary? Making these simple everyday changes will allow you to build your business and keep in touch with your contacts and important referral sources. Once your start growing your database, keeping in touch and nurturing your contacts, while also focusing on promoting your brand, your real estate business will see more action. As mentioned earlier in this article, agents that put in more time into their real estate business see a higher salary than those doing the bare minimum. Putting in more time doesn't mean you need to sit at the computer for long hours. Once you have everything scheduled and automated, you will find it easier to operate your real estate business and you will adapt. To view the original article, visit the IXACT Contact
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