Loft47 vs QuickBooks Online

Commission management and real estate accounting for brokerages — rules-based commission calculation with deep QuickBooks integration.

Custom (~$200+/mo)

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QuickBooks Online

The default general ledger for US small businesses — widely used by real estate agents and brokerages, with add-ons for commission and trust accounting.

$35/mo (Simple Start)

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Loft47 vs QuickBooks Online: feature comparison

Feature	Loft47	QuickBooks Online
Real Estate-Specific Workflows	✓	✗
Commission Calculation	✓	✗
Trust / Escrow Accounting	✓	✗
1099 & Agent Tax Reporting	✓	✓
Bank / Credit Card Sync	✗	✓
Mileage Tracking	✗	✓
Financial Reporting Dashboard	✓	✓
CRM / TM Integrations	✓	✓

Loft47 — Pros & Cons

Pros

Powerful rules-based commission engine
Deep QuickBooks Online integration
Handles complex split structures without manual workarounds
Canadian and US tax compliance

Cons

Setup complexity — expect onboarding time
Not a general ledger on its own
Custom pricing — no public tier structure
Smaller support team than enterprise vendors

QuickBooks Online — Pros & Cons

Pros

Industry-standard GL — your CPA already knows it
Massive ecosystem of real-estate-specific add-ons
Bank feeds, receipt capture, mileage built-in
Scales from solo agent to multi-entity brokerage

Cons

Not real-estate-specific out of the box
No native commission management — need Brokermint/Loft47
Trust accounting requires careful setup
Pricing tiers add up as you grow

See all Accounting for Real Estate →