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Accounting for Real Estate

Loft47 Review

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

Starting at Custom (~$200+/mo)

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Loft47 Pros

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

Loft47 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

Product Overview

Loft47 is the commission-management specialist for real estate brokerages that need more flexibility than Brokermint offers. Their rules engine handles complex split structures (tiers, caps, referrals, mentor splits) and pushes journal entries directly into QuickBooks Online. For brokerages where commission plans are idiosyncratic — or change frequently — Loft47's rule-based approach reduces the manual reconciliation tax. The tradeoff: more configuration up front, and you'll still need QBO for the full ledger.

Loft47 features

  • 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

Ready to try Loft47?

Starting at Custom (~$200+/mo)

Visit Loft47

Other Accounting for Real Estate worth considering

AccountTECH logo
AccountTECH
A real-estate-native brokerage accounting platform with DarwinDeals — designed specifically for commission calculation and trust accounting.
Custom
Brokermint logo
Brokermint
A back-office and commission management platform for real estate brokerages — transactions, commissions, and accounting in one system.
$99/mo (small teams)
Emphasys Back Office logo
Emphasys Back Office
Brokerage back-office accounting, commission management, and agent billing — widely used by mid-sized US and Canadian brokerages.
Custom (brokerage)

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