BrokerPulse

RealTrends Q32021 BrokerPulse sees brokers still optimistic about the market, wary of competition and wondering when inventory will rise.

2021 RealTrends Brokerage Compensation Report

For the study, RealTrends surveyed all the firms on the 2021 RealTrends 500 and Nation’s Best rankings, asking for annual compensation data for the 2020 calendar year.

@properties leaders poised for strategic growth

Mike Golden and Thad Wong, co-founders of @properties talk growth through franchising.

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The RealTrends BrokerSource and HousingWire OpenHouse newsletters deliver twice weekly information on trends, strategies, analysis, people, and news shaping the real estate industry.

Brokerage

Constellation1 launches real estate commissions management solution

The web-based solutions streamlines commission management for brokers.

Constellation1 recently released the all-new Constellation1 Commissions, a cutting-edge real estate commissions back office management solution.

The new Constellation1 Commissions modernizes the way brokers run back office operations by combining an intuitive user interface and user experience that brings to life streamlined commissions management at the brokerage and agent’s fingertips.

“In the past brokerages had to conform their business model to the back office products in the market. Today, with the Constellation1 Commissions that has all changed,” stated Andy Bencosme, broker/co-owner of CENTURY 21 Village Realty. “The product enhances what a brokerage wants to do. For us, that was to reduce the reliance and costs of physical infrastructure, serve agents remotely, streamline operations and do so in a way that works for us and our agents. The Constellation1 team hit all the right buttons and took swift action on the product feedback we provided. The overall experience has been tremendous.”

The web-based solution offers brokerages an end-to-end solution, integrations with transaction management systems, such as Dotloop and SkySlope, and two-way sync integration with QuickBooks® for automated general ledger entries. There are several real estate franchise integrations as well, which the brokerage may control.

The solution features flexible commission reporting capabilities in the industry, with helpful, straightforward wizards for creating customized commissions plans and adding transactions. User feedback has consistently reported the solution is easy to learn, enabling staff to be onboarded quickly while significantly reducing the headaches often associated with the learning curve for most back office software. Users also praise the ability to effectively communicate with agents on commission payouts, sales forecasting, and coaching.

Most Popular Articles

Real estate leaders: Keep close eye on proposed legislation

In this edition of RealTrending, Steve Murray, senior advisor to RealTrends, talks about private property rights and how a case in Berlin, Germany, tells a story of what could happen here in the U.S.

Sep 20, 2021 By