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Über Profit Power

Profit Power is a real estate back office software that manages associates, listings, sales, commissions, escrow, and more.

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Liz B.
Accounting Manager in USA
Immobilien, 51-200 Mitarbeiter
Verwendete die Software für: Mehr als 2 Jahre
Herkunft der Bewertung

Profit Power Conversion

5 letztes Jahr

Kommentare: Over the past 6+ years, our experience with Profit Power support and staff has been excellent. There is always someone available to assist with any need. Customer service is definitely a plus - it's obvious that Profit Power places their customers at the top of the list - no matter how large or small the company may be. I would recommend Profit Power to anyone who is looking for security built around efficiency to allow mass processing of payments to agents and brokers.

Vorteile:

Our company has always been considered exceptional and "boutique". We have been set apart because of the value we view with our agents, staff, and customers. What appeared to be an impossible task in converting real estate software became possible with the time and effort Profit Power invested in us as a company to "understand" our business processes. We were able to work through many of our discomforts. The integration process with Profit Power was very smooth - mainly due to the fact that Profit Power was on sight walking us through each step in real time processing. When it was time to implement, detailed training was given to us collectively as well as individually. Profit Power made sure that each person who would be interacting with their software had a comfort level in "how" to achieve the end result and "why" the steps in processing were necessary.

Nachteile:

The biggest challenge we had was understanding the concept of needing to record listing information for every pending contract even if it's not ours. Profit Power was very patient realizing that we had been using the same software for over twenty years and had just outgrown its capabilities. In addition, the same employees have had longevity and worked the same process for over 20 years. It's all about perspective. Profit Power had the patience to work through our concerns.

Antwort von LanTrax

letztes Jahr

Thank you for the review, Liz! It's been a pleasure working with Michael Saunders and Co. over the years, and we look forward to a continued successful relationship!

Meghan H.
Revenue Accounting Supervisor in USA
Immobilien, 1.001-5.000 Mitarbeiter
Verwendete die Software für: Mehr als 2 Jahre
Herkunft der Bewertung

Look No Further

5 letztes Jahr

Kommentare: We are able to reduce costs, provide transparency and tools to our agents, and streamline processes with Profit Power. This has had a positive effect on our budget and our ability to adapt to the ever-changing demands of our industry.

Vorteile:

Ask any power user, and they will tell you that in the Real Estate industry, where creativity with commission payouts is the rule, not the exception, Profit Power inherently allows for unimaginable flexibility. The number of switches and options related to commissions processing is robust and incredibly flexible, as is it's ability it be adaptable to a wide variety of operational use models. Stored procedures, business rules, and inline rules round out the software's offerings and allow for customization and automation at a very high level. Other features we love about this software are its easy integration with General Ledger accounting software and cloud-based dashboarding tools like DOMO. The support team behind the software is also one of its most valuable assets. This U.S.-based team is the real deal, a triple-threat of IT systems knowledge, development experience, coupled with an integration team with real-life real estate industry experience.

Nachteile:

In any industry, there will inevitably be some business models that evolve so quickly that the software simply can't keep up. The Profit Power team holds annual user meetings to address potential weaknesses and keep the user base informed of trends and upcoming releases.

Elila M.
Sr. Corp. Records & Commissions Analyst in USA
Immobilien, 11-50 Mitarbeiter
Verwendete die Software für: Mehr als 2 Jahre
Herkunft der Bewertung

Profit Power

4 letztes Jahr

Kommentare: Overall Profit Power is the best real estate application to handle your needs from the beginning transaction to the payout. I started using it in 2002 and have work with the Lantrax team to customize it to our needs and how we process. They have been great and are always on hand to help and assist with any new challenges that come out way! I would recommend

Vorteile:

I like the ease of the software, I train new staff & hold training for our offices, and most walk away relieved saying the software is straight forward and easy to use. Managers like they are able to run reports for their offices, Agents have an at a glance view of all their records. It links to our other applications, Skyslope, Great Plains, Relo Spec, etc. I have reviewed other commissions systems and Profit Power is versatile there is so many options that can handle all your commission needs.

Nachteile:

Broker Tab- In California, we need the details of our Brokers and our Office can not see on the screen of the Sales menu the License number and expiration date. As well as we need to be able to search by Tax ID or DRE Lic. Number, this is not an option been asking for a while. Relocation Brokers at one time this allowed User to only see a broker that was not Relo Broker and same with Relo they would only see their brokers this has not been the case for a while. Also, we get garnishments for our Brokers we need the check hold to work. Relo Tab needs some work as well, search options need improvment.

Antwort von LanTrax

letztes Jahr

Hi Elila, Thanks again for the review and your comments. We're glad that you would recommend Profit Power, and we appreciate your support and honest feedback over the many years we have worked together. We will take a look once again at the improvement suggestions you posted and let you know how we plan to proceed!

Susan M.
Accountant in USA
Immobilien, 11-50 Mitarbeiter
Verwendete die Software für: Mehr als 1 Jahr
Herkunft der Bewertung

Improved Our Workflow

5 letztes Jahr

Kommentare: Power Profit eliminated work arounds and creating spreadsheets manually. It allows automation of reporting which saves time and allows us to spend more time supporting our agents and managers. The support staff is always quick to address any issues or problems that may arise. Power Profit has a very knowledgeable and friendly staff that are always wonderful to work with.

Vorteile:

Commission Plan options and set up, reporting features, support staff, automation of reporting and custom report creation

Nachteile:

Have not had issues or run into any features that we desired that are not available.

Antwort von LanTrax

letztes Jahr

Hi Susan, Thanks so much for the review! We appreciate the positive comments and look forward to helping CB Advantage to continue to grow!

Tom K.
Sales Closing Manager in USA
Immobilien, 501-1.000 Mitarbeiter
Verwendete die Software für: Mehr als 2 Jahre
Herkunft der Bewertung

11 years and going strong!

5 vor 11 Monaten

Kommentare: We've been using Profit Power for over 11 years and are extremely happy with both the software and support that LanTrax provides. They are true professionals!

Vorteile:

The ability to combine both a sales and an accounting system in one package. Besides the software, the support staff at LanTrax provide timely and excellent service.

Nachteile:

Allowing the automation of data feeds into Profit Power can be challenging and limited at times.

Antwort von LanTrax

vor 10 Monaten

Hi Tom, Thanks for the review! It's been an honor to have the chance to work with you and Baird & Warner for so many years!