LanTrax

LanTrax is the developer of Profit Power, a back-office system for residential real estate brokerages. The software covers the administrative side of a brokerage, from paying agents to closing files, and aims to replace spreadsheets and disconnected tools. The company is listed in the United States.

What LanTrax offers

• Commission administration — works out agent payouts, referral splits and deductions.
• Closings and transaction control — workflows for pending sales and the admin that follows a close.
• Agent accounts — tracks agent receivables, recurring balances and escrow.
• Reporting and analytics — gives brokerage leaders a view of performance and profitability.
• Office administration — tools for managing agents and offices, with role-based access.
• Integrations and APIs — the system can be extended and connected to other tools.

Who it works with

Residential real estate brokerages of different sizes; Profit Power comes in several editions matched to a brokerage's scale and needs.

Key facts

• Based in: United States
• Product: Profit Power