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Brokermint

Score8 out of 10

9 Reviews and Ratings

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What is Brokermint?

Brokermint is a real estate back office platform focused on ease of use.

The product can be integrated withyour MLS and CRM to streamline all listings, transactions, and contacts for your business in one system.

Brokermint provides agents, office administrators, and brokers true visibility into each real estate transaction via email reminders and instant notifications for each step of the process.

By creating custom commission plans, Brokermint users can automatically calculate splits, simplifying the real estate commission management process.

Bookkeeping data can be uploaded to QuickBooks as well.

Categories & Use Cases

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Reviews

What users are saying about Brokermint.
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Brokermint, the Friendly Brokerage Management System

Incentivized
Arcoma L. LambertView profile
Licensed Broker Associate in Sales at eXp Realty, LLC (11-50 employees employees)

Pros

  • Transaction Management
  • Accounting
  • Reports

Cons

  • Checklists
  • Pulling in transaction templates
  • Make accounting functions easier to use

Return on Investment

  • Brokermint was super easy to learn or teach to a new agent
  • Brokermint is inexpensive compared to other softwares, so it can handle a lot of information
  • It was great to use the report functions, to see how we were growing

Alternatives Considered

SkySlope

Other Software Used

SkySlope, Dotloop, Okta Identity Cloud

Brokermint is plenty robust as a transaction manager that doesn't break the budget

Incentivized
Barry OwenView profile
Real Estate Broker CEO in Sales at Pareto Realty, LLC (11-50 employees employees)

Pros

  • Very Simple 4 step process when creating a new transaction
  • Easy capture of documents and communications (email and text)
  • Smooth audit flow - Love auditing as the transaction progresses so I can coach agents
  • Commission Income calculation and tracking
  • Multiple ways of backing up closed transactions

Cons

  • During the creation of a transaction - The assigning Checklist is clunky and often difficult for new users - not intuitive. It seems the type of transaction at first entry could automatically assign the appropriate checklist (one less thing for the user to do).
  • On the checklist - Sometimes not easy to add a document that isn't on the checklist - It's easy when "Splitting multiple documents" but no place to add documents to the checklist.
  • This could be user error, but I cannot figure out how to get it to know when an agent has capped - so I often have to calculate commissions manually.
  • I think Brokermint should offer the Creation of documents with auto-fill capability at no additional charge. BM currently charges per document . . . Very frustrating because I don't have time to create all those fields - so we are creating our forms in the State (TN) "Transaction Desk" and then moving them to BM. I would rather do it all in the same place.

Return on Investment

  • HIGH ROI for me - Solves lots of important issues at a reasonable cost
  • Love that it doesn't increase cost as I add agents.
  • Over-all, I feel like I'm getting what I pay for

Alternatives Considered

SkySlope

Other Software Used

Grasshopper

Brokermint Fan

Incentivized
Lenda Wagner
Company Broker in Sales at Avast Realty (51-200 employees employees)

Pros

  • Storage
  • Compliance
  • E-signature
  • Paperless

Cons

  • A better selection of statuses
  • A true white label
  • Faster support

Return on Investment

  • It is very expensive!
  • Positive effect for streamlining info to Quickbooks
  • Helps to maintain compliance

Alternatives Considered

SkySlope

Other Software Used

QuickBooks Online

Great for File Sharing and Management

Incentivized
Jessica Remillard
Realtor in Sales at Wemert Group Realty (51-200 employees employees)

Pros

  • Sharing Files with several users
  • Managing completed tasks and giving notification of tasks due
  • Managing documents with several and signature verification
  • Signature verification time stamping

Cons

  • Dropping signatures isn't always easy
  • Saving feature once you've uploaded documents and have to go back
  • multiple clicks to add more than one person signing

Return on Investment

  • We use as a group and I do not personally pay for the program.

Other Software Used

Google Drive

Brokermint - It works, can't complain

Incentivized
Isaac Sprague
Real Estate Agent at At Home Wichita Real Estate (11-50 employees employees)

Pros

  • Organizes transaction documents
  • Helps manage pipeline of clients and cash flow
  • Allows us to split a huge document that contains smaller documents and sort them accordingly

Cons

  • Its signing software is not as good as Instanet.
  • It is a little slow at times, but not annoyingly so.
  • Sometimes setting commission for yourself can be confusing.

Return on Investment

  • Helps us better organize as agents
  • Helps with audits
  • Helps with check listing everything
  • Sometimes hard to know what to do; slight learning curve

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