Brokerage Administrators

Articles to help team Administrators use Loft47.

Lana Topham avatar Sarah Parsons avatar Paul O'Pray avatar +1
38 articles in this collection
Written by Lana Topham, Sarah Parsons, Paul O'Pray and 1 other

Adding Referrals for Non-licensed Third Parties

This article explains how to pay a third party (non licensed) person or organization
Sarah Parsons avatar
Written by Sarah Parsons
Updated over a week ago

Browsers

Which browser should I use for Loft?
Paul O'Pray avatar
Written by Paul O'Pray
Updated over a week ago

Property Management Deals

Managing property management commission payout
Tracy Simmons avatar
Written by Tracy Simmons
Updated over a week ago

Teams and Team Deductions

How to set up teams and apply team deductions.
Paul O'Pray avatar
Written by Paul O'Pray
Updated over a week ago

Your Agent Gets A Referral

I received a referral check for my agent
Tracy Simmons avatar
Written by Tracy Simmons
Updated over a week ago

How Real Estate Transactions work

Detail on the life cycle of a Real Estate Sale and how Loft & Xero help Brokerages and Agents with their accounting
Sarah Parsons avatar
Written by Sarah Parsons
Updated over a week ago

Partial Payout

Paying out part of a deal
Tracy Simmons avatar
Written by Tracy Simmons
Updated over a week ago

Adding a Logo to your Email Template

Enables Brokerage to add their own logo to customize outgoing emails
Paul O'Pray avatar
Written by Paul O'Pray
Updated over a week ago

Edit People

How to Edit People
Tracy Simmons avatar
Written by Tracy Simmons
Updated over a week ago

Paying Out a Deal

Final steps to paying out a deal on closing.
Paul O'Pray avatar
Written by Paul O'Pray
Updated over a week ago

How to Create a New Deal as an Admin

Let's create a deal, step-by-step.
Lana Topham avatar
Written by Lana Topham
Updated over a week ago

Entering commissions

How to enter commissions in Loft
Sarah Parsons avatar
Written by Sarah Parsons
Updated over a week ago

Entering year to date commissions and deductions for mid year conversions

Add commissions earned and deduction totals for the period prior to conversion
Sarah Parsons avatar
Written by Sarah Parsons
Updated over a week ago

Making changes to commissions or deductions after the payout to the agents

Loft will add an invoice to for an agent if the agent was overpaid or create a second bill payable to the agent if they were underpaid.
Sarah Parsons avatar
Written by Sarah Parsons
Updated over a week ago

Reversing Agent Payouts in Xero

Reverse items that have been paid or reconciled in Xero.
Sarah Parsons avatar
Written by Sarah Parsons
Updated over a week ago

Agent Xero receivable in Loft

Agent AR balance not showing in Loft
Tracy Simmons avatar
Written by Tracy Simmons
Updated over a week ago

Moving Documents on Deals

Moving documents from one deal to another
Tracy Simmons avatar
Written by Tracy Simmons
Updated over a week ago

Best Practices for Month End Bank and Subledger Reconciliations

When working with Escrow/Trust monies you must review your bank balances and subledgers monthly. This is your guide to a healthy Brokerage!
Sarah Parsons avatar
Written by Sarah Parsons
Updated over a week ago

Adding an Organization to Loft

Set up a new organization and associate people to that organization.
Paul O'Pray avatar
Written by Paul O'Pray
Updated over a week ago

Transferring Deposit/EMD funds to a new deal

Transferring Deposit / Escrow / Trust funds from a collapsed Deal to a new Deal
Paul O'Pray avatar
Written by Paul O'Pray
Updated over a week ago

Add and Track Custom Profiles

Add profile types you'd like to assign to people on a transaction
Sarah Parsons avatar
Written by Sarah Parsons
Updated over a week ago

Notify Agents of Pending or Closed Paystubs

Paul O'Pray avatar
Written by Paul O'Pray
Updated over a week ago

Fee Groups

Package fees in a group to provide more flexibility for the Brokerage and simplicity for the Agents.
Lana Topham avatar
Written by Lana Topham
Updated over a week ago

Sending Deals for Brokerage Review

Send in-app notifications for your Brokerage to review deals.
Lana Topham avatar
Written by Lana Topham
Updated over a week ago

Adding Email Templates for your Brokerage

Lana Topham avatar
Written by Lana Topham
Updated over a week ago

Adding Email Templates in a Deal

Using tags to create email templates.
Sarah Parsons avatar
Written by Sarah Parsons
Updated over a week ago

Deleting (Voiding) a Deal

Void a deal if it has been entered incorrectly.
Lana Topham avatar
Written by Lana Topham
Updated over a week ago

Managing Allocations

How to manage allocations for a deal
Lana Topham avatar
Written by Lana Topham
Updated over a week ago

Automatic Allocations or Splits

When and how allocations are created automatically
Lana Topham avatar
Written by Lana Topham
Updated over a week ago

Other Income - Adding Non Commission Income to Agent and Brokerage Payments

Review this article if you or an agent is receiving income that isn't considered commission
Sarah Parsons avatar
Written by Sarah Parsons
Updated over a week ago

Managing Deductions

Learn about how a deduction amount is calculated, managing the deduction's settings and how to override a deduction on a deal or payout.
Sarah Parsons avatar
Written by Sarah Parsons
Updated over a week ago

End-to-end Payouts

Lana Topham avatar
Written by Lana Topham
Updated over a week ago

How to Pay Out a Deal

Step-by-step how to pay your Agents
Lana Topham avatar
Written by Lana Topham
Updated over a week ago

Pending Payout Notifications

Send notifications to agents to review their payouts
Sarah Parsons avatar
Written by Sarah Parsons
Updated over a week ago

Associating a Legal Name with an Agent, for Payment Purposes

For Agents who prefer to be paid under their organization name.
Lana Topham avatar
Written by Lana Topham
Updated over a week ago