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.’s Sean Black on the transaction revolution

Real estate is on its third revolution, from the digital revolution of the early 2000s to the information revolution kicked off by Trulia and Zillow to today's transaction revolution.


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Crye-Leike Chooses Lone Wolf Technologies for Transaction Management System

Crye-Leike, the nation’s third-largest independent real estate firm, announced that they have made a deal with Lone Wolf Technologies (Lone Wolf), the North American leader in residential real estate software, to provide TransactionDesk® as an additional benefit to all real estate professionals in their company.

TransactionDesk® is Lone Wolf’s paperless transaction management system, featuring eSignature, electronic forms, and digital document storage. The system integrates with every commercially available multiple listing and property information system used by REALTORS® across the United States. These integrations will automatically populate MLS and Public Record data in Purchase and Listing contracts for the local markets served by Crye-Leike agents. Using this system, Crye-Leike agents will be able to write their Purchase and Listing agreements faster than ever before, making a huge difference in their customers’ real estate experience.

“We are deeply committed to providing our sales associates with the best tools so that they can, in turn, provide their customers with unsurpassed service and enhance the customer experience,” said Harold Crye, President, and CEO of Crye-Leike. “At Crye-Leike,  making sure our agents have all the tools they need is a priority for us. The TransactionDesk® system we have chosen will be a great catalyst for improving efficiency, allowing us to better serve all  of the parties involved in a real estate transaction.”

Gurtej Sodhi, Crye-Leike’s Chief Information and Operations Officer, added, “Being able to manage all of our listings and sales  files online will allow us to be significantly more efficient and provide our customers with an even greater level of service.”

This deal strengthens the nearly 30-year relationship between  Crye-Leike and Lone Wolf. Crye-Leike has long trusted Lone Wolf’s back office system as their corporate management software. This familiarity played a big role in Crye-Leike’s decision to use TransactionDesk®  as their paperless transaction management system.

“From a corporate standpoint, choosing TransactionDesk® gives us the added convenience of integrating listing and sale information into our back-office systems,” Sodhi added.  “That will save administrative staff countless hours by eliminating duplicate data entry and the need to integrate with disparate third-party systems. And, the fact that TransactionDesk® is already in wide use across our markets really helped confirm that this was the right decision. We look forward to using TransactionDesk®, as well  as the unmatched integration between our transaction management and back-office systems.”

“Our company has been privileged to serve Crye-Leike for nearly 30 years with our accounting and back office software,” said Patrick Arkeveld, CEO of Lone Wolf. “It’s great to see Crye-Leike continuing to move their business paperless, and we couldn’t be more thrilled to provide them with our digital forms, document and transaction management, and eSignature tools. This system will have a tremendous impact on their massive network of offices, agents, staff members, and consumers.”

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