We are excited to announce today a great leap forward in the technology, services and value we bring to you. BrokerSumo has been acquired by Inside Real Estate in a strategic partnership to offer you even more resources and broker tools going forward. Inside Real Estate’s new kvCORE is a powerful platform (like one I’ve never seen before) making it the perfect fit for our Broker Sumo technology. We are thrilled to be part of their team.
What does this mean to you? You’ll enjoy the same great value and product that you have today, but with more resources, integrations and opportunities for you in the coming weeks. You can continue to use Broker Sumo as a standalone product, or combine it with the kvCORE platform for a complete end-to-end broker management system. You can read more about the announcement today in the press release.
Interested in kvCORE? Get a demo
The real estate profession is unique when it comes to joining a new brokerage or firm. Unlike with traditional job onboarding, there is a combination of requirements to be successful as an agent. New agents need a thorough and effective onboarding process. Many new real estate agents drop out of the industry simply because they didn’t receive proper training when they started out.
Here are a few tips for how to improve the onboarding process for new agents. Continue reading
They say knowledge is power and for this reason, real estate agents must have data to back up their decisions. It’s important that agents have the knowledge they need in order to ensure they are making the right decisions for their business. Agents can use reporting analytics to help make better decisions and with BrokerSumo’s back-end support and analytics, agents can see what is affecting the success of their business and better yet, how to improve it.
Let’s take a look at four reasons reporting analytics are imperative for agents. Continue reading
How does a brokerage handle the after-closing process and make it as streamlined as possible? With so many back office tasks that need to be performed after a sale closes, it can take valuable work hours to complete and get brokers paid. BrokerSumo is one way to handle all of the back end processes that must be done when agents close a deal.
BrokerSumo is a true all in one system that picks up where your transaction management leaves off and makes the closing process simpler, more efficient and less stressful. Brokers should be focusing on closing more deals, faster – not handling monotonous back office tasks. Continue reading
It seems as though every day there is a new way to communicate, whether it be a new social media platform or a new app that connects people. Brokerages are picking up these new technologies to help them crush client communication and help improve the relationships they have with their clients. It’s important in an industry that is built on relationships, to make sure that brokerages stay connected and in sync with both prospects and clients.
Here are five technologies that help make that happen. Continue reading
We’re excited to announce the release of an integration with Zoho Reports giving BrokerSumo users deeper analytics, dashboards and the ability to build your own custom reports.
Zoho Reports is a report is a business intelligence and analytics solution that allows you to create insightful reports and dashboards. It assists you to visually analyze your business data, and to make informed decisions.
Real estate is a numbers game and because of this, it is imperative for brokerages to have the data they need to determine where their brokerage is succeeding and in what areas they can improve. BrokerSumo offers back-end support and analytics at a brokerage level, so that firms can see firsthand what is affecting their bottom line.
Here are three reasons reporting analytics are imperative for brokerages. Continue reading
Measuring your performance using real data from your sales can be a game changer for improving your real estate business as an agent. BrokerSumo can offer you an inside look at how you are performing and what your sales pipeline looks like so that you can become a more successful real estate agent. Here are four reasons reporting analytics can help an agent grow their business. Continue reading
If you haven’t made Twitter part of your daily routine, now you have a reason to. It’s filled with meaningful information from some of the brightest minds in the real estate industry. If you’re looking for insights in the industry, sometimes mixed with a little bit of humor and everyday life, follow these brokerages on Twitter. Continue reading
Introducing our latest commission plan feature, caps on fees. If you charge fees per transaction but you have a cap on those fees, you can now create commission plans that automatically calculate when the cap is met.
You charge a fee of $100 per transaction but only until the agent has paid $1000 in fees during a set period. For the first 10 transactions the $100 fee will automatically appear on the commission disbursement, but once they’ve paid in $1,000, the next transaction will not apply the fee. When the commission plan resets, based on the criteria you select (agent’s start date, calendar year, custom date) the fee will start again and cap will need to be met again.
To add this feature to a new commission plan, you’ll see a question, Cap on Fees?, select Yes and then you can add the cap amount.
This feature can only be applied to new commission plans, so if you want to move existing agents into this type of plan, you’ll need to create the new plan, and then assign the commission plan to that agent.
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