Running a real estate brokerage is hard work. Technology makes it easier, and both brokers and admins use a variety of programs to track transactions, schedule showings, manage money, and more.
As brokerages have evolved and started to embrace technology, they’ve been able to and develop flexible and modern business practices to meet the increasing demands of their agents and consumers. One area where technology has created a lot of benefits for brokers: real estate commissions.
As you know if you’re a broker or read our complete commissions guide above, commissions are complex! The right commission split is hard to come by. In the past (and even today), a lot of teams rely on analog workflows with paper checklists, Excel spreadsheets, manual calculations, time-consuming data entry, and more. But there's a better way, and that way is Constellation1 Commissions, the best commissions solution for brokerages of any size in the United States or Canada.
In this article, we cover the top 5 Constellation1 Commissions features that will help you streamline how you manage your back office—and your commissions—forever.
Feature 1: Sleek, intuitive user interface
As we’ve mentioned before, customer experience is a crucial element of success and growth, for both brokerages, like you, and technology partners, like us. As the global consulting firm Accenture has observed, “to remain relevant and compete in today’s ever-changing world, customer experience strategies need to be top of mind for every stakeholder in your business.”
To that end, we’ve redesigned Constellation1 Commissions’ user interface (UI) from top to bottom with you, our customers, in mind. Say goodbye to the clunky, unresponsive, and counterintuitive UI you’ve been stuck with and say hello to an interface that’s sleek and easy to use with minimal training. Your entire team will be up and running in no time without any of the old headaches typically associated with learning new software.
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Feature 2: User-friendly transaction and commission split wizards
Constellation1 Commissions features helpful, foolproof wizards for both setting up customized commissions plans and adding transactions that act like a friendly guide looking over your shoulder to help you cross your Ts and dot your Is. Commissions walks you through every step of your commissions plan in the right order to ensure everything is set up perfectly. The transaction wizard also helps you enter transactions in just a few simple steps.
Feature 3: Completely customizable real estate agent commissions plans
It’s hard to emphasize just how flexible (and customizable) Constellation1 Commissions really is. No matter what commission structure your brokerage uses, if you can name it, you can add it to your own customized commission plan. You can then apply those plans to a single agent, a single team, or your entire office. No commission plan is too complex, and you can create as many as you want. No more Excel spreadsheets, weird workarounds, or manual calculations: our solution does everything for you.-PNG.png?width=771&name=Commissions-2%20(1)-PNG.png)
Feature 4: Multiple seamless integrations to your favorite software
We’ve already stressed how important purposeful integrations are for the real estate industry. We’ve designed Constellation1 Commissions to be insanely integratable: you can integrate seamlessly with QuickBooks®, allowing Constellation1 Commissions to handle all the heavy lifting and to plug in the correct amounts to the correct payees in your accounting software. You can also integrate with your TMS or MLS, with more integrations on the way. Stay tuned for more updates!
Have a question about a specific integration? We’d be happy to answer it for you.
Feature 5: Detailed commission and production reports
At Constellation1, we believe in putting data to work. We’re real estate data experts, so we know that with the right data, anything is possible. To put the right commissions data at your fingertips, we’ve created the most flexible commissions reporting capabilities in the industry, allowing you to use our out-of-the-box reports or create your own by simply dragging and dropping the fields you want into your report, at any level of the business. This includes industry-leading enterprise-level reporting for mega-brokerages or franchises with multiple brokers or teams. The result: valuable insights for informing your business decisions, optimizing your splits and fees, and tracking everything from commission advances to top performers and the most profitable sources of referrals.
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Give the Constellation1 Commissions a try and stop stressing about commissions management
Constellation1 Commissions is a game-changer: it’s the new way for you to run your back office.
Your brokerage needs secure, scalable, intuitive, and easy-to-use cloud-based solutions to grow, whether you have 5 agents or 5,000. Click below to download our Constellation1 Commissions feature sheet and schedule a demo with our Commissions experts.
