Average Ratings 0 Ratings
Average Ratings 0 Ratings
Description
Ereca serves as a comprehensive database solution tailored for real estate companies, integrating property details, contact information, and data related to their employees, brokers, and agencies. It offers functionalities for payroll computations that accommodate various offices and tax regulations, while also facilitating deal management and the calculation of commissions owed to brokers.
The acronym 'ERECA' stands for Enterprise Real Estate Collaboration Application, and it was developed by Retransform to merge CRM (Customer or Contact Relationship Management) capabilities with a DTS (Deal Tracking System), ensuring complete transparency in operations. This tool is particularly beneficial for large brokerage firms, providing support for employees, commission-based brokers, and sub-brokers in effectively managing properties, personnel, and financial transactions all within a single platform.
Ereca excels in handling extensive property databases and simplifies the process of calculating intricate commission structures. Additionally, it generates a variety of financial and audit reports based on transactions and payments, while also offering projections for potential revenue in the upcoming fiscal year. With its robust features, Ereca not only streamlines operational tasks but also empowers real estate firms to enhance their strategic planning and financial forecasting.
Description
The foundation of an aggregator's operation relies heavily on cultivating strong relationships. One of the key interactions in this dynamic is the commission payment process, which must be seamless, efficient, and devoid of errors. However, managing numerous brokers and lenders with their varying commission structures can pose a significant challenge. The tasks of manipulating and validating data from different lender files, as well as processing and distributing commission payments to multiple parties, often prove to be labor-intensive, costly, and prone to mistakes. Consequently, there is a pressing need for a comprehensive solution that automates these processes, adapts to the evolving requirements of your business, and minimizes the need for extensive labor investments. Importantly, such a solution should be deeply rooted in an understanding of the aggregator business model, encompassing not just the mechanics of payment but also a thorough, current awareness of the constantly shifting compliance landscape. By ensuring these elements are in place, you can enhance operational efficiency and maintain stronger relationships with your brokers.
API Access
Has API
No
API Access
Has API
No
Integrations
No details available.
Integrations
No details available.
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Customer Support
Business Hours
No
Live Rep (24/7)
No
Online Support
Yes
Customer Support
Business Hours
Yes
Live Rep (24/7)
No
Online Support
Yes
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
No
In Person
No
Types of Training
Training Docs
No
Webinars
No
Live Training (Online)
No
In Person
No
Vendor Details
Company Name
Retransform
Founded
2005
Country
United States
Website
ereca.retransform.com
Vendor Details
Company Name
Loanworks Technologies
Founded
1998
Country
Australia
Website
www.loanworks.com.au
Product Features
Real Estate CRM
Campaign Management
No
Client / Property Matching
No
Contact Management
No
Dashboard
No
Email Marketing
No
Interaction Tracking
No
Lead Management
No
Property Alerts
No
Referral Tracking
No
Segmentation
No
Real Estate Transaction Management
Accounting
No
Appointment Scheduling
No
CRM
No
Commission Management
No
Contract Management
No
Critical Date Alerts
No
Document Templates
No
Electronic Signature
No
File Sharing
No
Task Management
No
Transaction Review
No
Product Features
Commission
Affiliate Management
Yes
Agency Commission
No
Commission Calculations
Yes
Commission Scheduling
No
Commission Tracking
No
Compliance Management
Yes
Flat Commissions
No
Incentive Programs
Yes
Multi-Tiered Commissions
Yes
Percentage Commissions
No
Sliding Scale Commissions
No
Split Commissions
Yes