SAN JOSE, Calif., May 15, 2017 /PRNewswire/ -- BrokerSumo, a leading back office, commission management and accounting platform for real estate brokerages and agent teams, today announced a new integration partnership with dotloop®. The partnership brings together dotloop, a leading transaction management platform, with BrokerSumo to make the process of managing and closing out transactions simple.
The integration allows dotloop customers to sync their transaction data seamlessly into BrokerSumo to avoid double entry and minimize errors from manually re-entering information from transaction process to back office management.
"I'm impressed with the integration between dotloop and BrokerSumo. It allows us to eliminate redundancies across our transaction processes within our back office management. This communication between companies enables our company to be that much more productive," said Tom Lischak, Real Estate Broker at Bridgeway Commercial Realty, LLC, Syracuse, New York.
Data synced includes property address, agent assigned, commissions, close date, sales price, and buyer and seller information. Users can then close out the transaction in BrokerSumo by automatically calculating commission splits, creating commission disbursements, paying agents and managing their office accounting. BrokerSumo will also run commission income estimates so brokerages and agents can gain insight into their projected income on active deals.
"We couldn't be more excited to have partnered with dotloop, one of the leading transaction management platforms for real estate professionals," said Jeremy Shoenig, founder of BrokerSumo. "Our customers have been asking for a dotloop integration for some time, and we're excited to bring them another solution that will continue to automate and simplify their brokerage operations. Now dotloop and BrokerSumo users have an end-to-end transaction and back office management solution."
"Our partnership enables real estate professionals to spend less time on data entry across multiple systems and focus on what they do best: building relationships and getting deals done," said Alex Allison, Director of Business Development at dotloop. "This partnership is another example of bringing greater efficiency and productivity to the market, and we couldn't be more pleased to partner with BrokerSumo."
For more information on BrokerSumo, visit www.brokersumo.com/dotloop-integration
For more information on dotloop, visit www.dotloop.com
BrokerSumo is a back office, commission management and accounting solution for real estate brokerages and agent teams. It enables brokers to manage their agent's information, track transactions and commission dollars, automatically calculate commission splits, create commission disbursements, bill agents for monthly fees, pay agents their commissions electronically, report on agent and office performance and sync financial data to QuickBooks.
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dotloop is a registered trademark of DotLoop, LLC.
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SOURCE BrokerSumo Inc