LIGHT SPEED PROCESSING
The Real Estate industry is a key cog in the North American economy, accounting for a sizable portion of the GDP across The US and Canada. The primary business involves the buying, selling, leasing, renting, and management of commercial, industrial, and residential properties. Two of the key stakeholders in this industry are the brokerage firms and the realtors who facilitate the aforementioned real-estate transactions.
A key component of the business is management of the commissions earned by realtors. The industry is inherently fast-paced and the turnover of realtors is high. Retaining good realtors is critical for brokerages to remain competitive. A large component of this is offering flexible commission advance programs to keep realtors happy. Third Eye Solutions provides one of the only software platforms in the industry that is exclusively tailored to manage these commission advances.
Many brokerages have relationships with third party finance companies that offer commission advances, while others have their own programs. Managing these commission advances requires timely disbursement, payment collection, and the ability to seamlessly track transactions across the entire cycle of a real-estate sale and/or purchase. Third Eye Solutions’ tailored platform has been designed specifically with these requirements in mind.
In keeping with our tradition of creating end-to-end systems for niche financial verticals, our commission advance system allows for maximum automation, unrivaled simplicity, and granular controls and reporting for risk mitigation.