Loft47 provides commission management and brokerage accounting software. It helps brokerage process invoices, manage commissions, and track expenses, among other services. It also offers some transaction management tools.
Brokerages sign up for Loft47 and use the software to help manage brokerage accounting and commission payments to agents.
Loft47 likely charges a monthly fee for its software. According to most sources, pricing starts at around $1,100 per month with additional fees per agent and higher starting prices for larger brokerages.
Loft57 is privately held.