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How Did Your CRE Company Calculate the Amount of Your Check?

CRE Check V2

Daniel Levison | October 22, 2019

Have you ever had to ask your back office, “How did you come up with what you paid me?”

As a managing broker or principal, have you ever had a top producer come in your office and frustratingly ask the same question?

If you haven’t, you’re lucky. Having run a twenty-person brokerage company for nearly a decade, it was a regular and frustrating occurrence. If your organization is using Excel spreadsheets, then having the back office explain calculations can, in many situations, be even more frustrating and time-consuming.

When your company’s back office is having to take time and effort every week to explain how brokerage fees are split among multiple agents, the house, and on deals, they aren’t focusing on more productive functions.

CommissionTrac was created out of these, and many more pain points, from running and managing a medium-size CRE brokerage firm in Atlanta from 2007 through 2017.

What if your back office could answer the above questions in literally seconds? Better yet — what if every agent could access their own private portal and answer these questions themselves without interrupting the back office?

Well CommissionTrac can answer these questions and many more to help principals, managers, and independent agents run more productive and profitable businesses.

CommissionTrac is here to assist you with all your back office budgeting and pipeline projections in addition to business analytics support to run a productive and profitable brokerage business.

To find out how you can use CommissionTrac to gain clarity and insight on your brokerage’s performance, pipeline projections, manage your company and agents receivables, commission split plans, invoicing and distributions, and experience why Techstars Atlanta and Cox Enterprises are lead investors in CommissionTrac, request a demo today by visiting our website at www.commissiontrac.com

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