Loft47 automates real estate commission splits, trust accounting, compliance, and agent payouts. Licensing from $600/month. Features, pricing, and verdict.
Researched and fact-checked by Bartu Cavusoglu · Updated October 26, 2026
Loft47 is a commission management and back-office automation platform built for real estate brokerages. It handles commission plans, deposit tracking, compliance requirements, financial postings, agent payouts, and tax documentation. The company says it serves brokerages across 39 US states and 6 Canadian provinces.
Loft47 focuses on the financial side of brokerage operations rather than acting as a generic transaction system. Its emphasis is accounting accuracy, split automation, trust-compliant workflows, and agent transparency. It describes itself as independent, so brokerages keep their data. Some clients use it for both transactions and accounting, while others pair it with Dotloop or SkySlope.
A deal starts when someone creates it from any device, imports it, or emails in a contract that Loft47 reads automatically. Integrations such as Rechat can also create and update transactions. Documents are assigned to checklist items that can vary by deal type, side, location, or team.
The commission engine then applies splits, caps, fees, and team arrangements. Compliance checks run before funds are released, and deposits and payouts are tied to closings through a disbursement process. Closings, income, payouts, trust funds, and deductions post to the ledger, and brokers approve releases before agents are paid.
The commission engine supports traditional splits, rolling caps, progressive tiers, desk fees, transaction fees, and custom deductions, plus teams, sub-teams, and revenue-share models. It calculates gross commission, agent split, brokerage share, deductions, and net per deal, separating brokerage income from third-party amounts.
Agents get a portal with pay stubs, performance reports, cash flow projections, and 1099 or T4A forms. Loft47 Connect adds a REST API, webhooks, and an MCP server for AI assistants. Reports can be downloaded in several formats, including Google Sheets, and data can be backed up nightly to Google Drive.
Loft47 is a commission management and back-office automation platform for real estate brokerages. It handles commission plans, deposit tracking, compliance, financial postings, agent payouts, and tax documents.
Loft47 lists Monthly Licensing at $600 per month and an optional Deal Administration service at $47 per deal. Pricing is based on active agent count, and the site also shows agent-count tiers and one-time setup fees. Because figures vary across the page, request a quote.
No. Loft47 operates month-to-month and asks for 30 days notice if you want to leave. Annual contract discounts are available on request.
It integrates with Dotloop, SkySlope, DocuSign Rooms, Rechat, Trackxi, QuickBooks Online, Xero, Zum Rails, and Payload. It also offers a REST API, webhooks, and an MCP server.
Yes. Every user, including agents, gets a login. Agents can view and submit deals, see pay stubs and performance reports, and download tax forms such as 1099 or T4A.
The FAQ says most brokerages are fully onboarded in 1-4 weeks, depending on complexity and data volume. Loft47 migrates agents, open transactions, caps, fee structures, deduction plans, and the chart of accounts.
Yes. Teams, sub-teams, and revenue-share models are supported, with default split percentages and team performance views for leaders.
The company says it scales from boutique firms to multi-office operations. Pricing starts with a 0-99 agent tier, and its managed per-deal service can suit brokerages without a back-office team.