Company Overview

About BrokerSumo

BrokerSumo Details

Founded

2016

Revenue

$1M

Team Size

1

What SIA Thinks

BrokerSumo offers an efficient solution for real estate brokerages to manage their back-office tasks without the hassle. Aimed specifically at small to medium-sized real estate firms, it takes the complexity out of administrative tasks, allowing brokers and agents to focus more on selling properties and less on paperwork.

One of the key features of BrokerSumo is its commission tracking capability. Instead of manually tracking and calculating commissions, this software automates the entire process. It calculates splits and caps based on your specific agreements, ensuring both accuracy and saving you time. This means you can settle transactions faster and with less room for error.

BrokerSumo also includes tools for expense management. It allows you to log expenses, categorize them, and even associate them with specific transactions or agents. This keeps all your financial details organized and easily accessible, helping you to see exactly where your money is going.

In addition to financial management, BrokerSumo simplifies agent onboarding. It offers online forms, checklists, and the ability to upload required documents, making it easier to bring new agents into your brokerage. Once they’re on board, keeping track of their progress and performance is straightforward, thanks to the software's comprehensive reporting features. You can generate reports on agent productivity, lead sources, and more, providing valuable insights into how your business is performing.

What sets BrokerSumo apart is its user-friendly interface and straightforward set-up process. You don’t need to be an expert in software to get it up and running, which is a huge plus for busy brokers. Its customer support is knowledgeable and responsive, ready to assist you if you run into any issues.

In summary, BrokerSumo is a reliable tool for real estate brokerages looking to streamline back-office operations, improve financial accuracy, and manage their agents effectively. It’s designed to make running your brokerage a smoother, more efficient process.

Metrics History

7/22 - 4/24

Trending up by 5.2% this month
Showing teamSize history

Pros and Cons

Pros

  • Comprehensive reports
  • Time-saving features
  • User-friendly interface
  • Commission tracking
  • Affordable pricing

Cons

  • No mobile app
  • Basic support options
  • Limited integrations
  • Limited customization
  • Occasional bugs

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