Product Overview of Brokermint
Brokermint is a comprehensive, cloud-based real estate back office management and brokerage solution designed to streamline and optimize the operational efficiency of real estate brokerages. Here’s a detailed look at what the product does and its key features:
What Brokermint Does
Brokermint is tailored to assist small to medium-sized residential real estate brokerages in managing their day-to-day operations. It aims to reduce manual tasks, eliminate errors, and enhance overall productivity by automating various aspects of brokerage management. The software integrates seamlessly with other essential tools and platforms, making it a central hub for all brokerage operations.Key Features and Functionality
Transaction Management
Brokermint centralizes transaction management by automating workflows, document handling, eSignatures, checklists, and notifications. It includes features such as:- Customizable checklists and to-do lists
- Automated agent and legal compliance review
- Document storage and management
- Integration with Dropbox and Google Drive
- State forms and eSignature capabilities
Commission Automation
The software automates the calculation of commission splits, fees, and sliding scales, supporting various commission structures. Key features include:- Sliding scale plans and team plans
- Deposit tracking and commission disbursement forms
- Agent statements and integration with QuickBooks Online and Xero
Accounting Tools
Brokermint offers robust accounting features that integrate with accounting platforms like QuickBooks and Xero. These tools help manage:- Agent billing
- Next-day automated clearing house (ACH) payments
- Commission tracking and disbursement
Agent Management
The platform assists brokers with agent onboarding, goal tracking, and performance management. Features include:- Agent onboarding and goal management
- Agent profiles and team management
- Performance tracking and reporting
Reporting and Analytics
Brokermint provides customizable reports, real-time data tracking, and dashboards to help brokerages make informed decisions. Key features include:- Report builder and customizable dashboards
- Agent contribution reports and vendor reports
- Franchise reports and compliance tracking
- Integration with Dash for real-time data synchronization
Integration Capabilities
Brokermint integrates with various platforms to enhance its utility, including:- Customer Relationship Management (CRM) systems
- Multiple Listing Service (MLS) platforms
- Accounting tools like QuickBooks and Xero
- Dropbox and Google Drive for document management
Additional Features
Other notable features include:- Mobile apps for Android and Apple devices
- Custom branding options, such as custom domain names
- Single sign-on capabilities
- Email templates and reminders for streamlined communication
Pricing Plans
Brokermint offers two main pricing plans:- Standard Plan: Includes core back-office modules like team management, QuickBooks integration, dashboards, eSignatures, forms, and commission automation.
- Professional Plan: Includes all features from the Standard Plan plus agent billing and onboarding, CRM integration, API access, custom branding, and additional accounting tools.