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Do your agents ever question fee deductions on their deals? If so, there is an easy way to confirm the calculations being used. On the Agent Info screen of the deal (2.1), select the Agent, highlight the Agent Deduction Fee in question, click on the Edit button, then click on the Details button. Clicking on the Details button will generate a report that will detail the fee setup as well as list all the deals and the amounts used to calculate this fee. If you require any assistance interpreting this report, please fax it to our support department (519) 624-8950, and we will contact you to review it together. Spotlight on Realty Management reports - Pending Transaction report (2.P.2 and 8.5.N.2) With things slowing down in the industry, do you know how much money you have coming in to the office in the next week? Two weeks? Month? If not, then the pending transaction report (2.P.2) is exactly what you need. This report will give the broker or office administrator an idea of projected income. The far right hand NET column represents the net to the office (company dollar). On the last page, at the very bottom is an aging to show what is coming into the office (company) dollar in both weekly and monthly increments. You may get an agent version of this report, by running 8.5.N.2 and choosing status of “Pending”. Please note: This report should be run monthly and maintained. Deals that fall thru should be indicated as such so as to not appear on this report (to do this go to 2.1 on the Agent Info tab of the transaction choose finalize and pick close status of fallen thru). Contact your account representative or training specialist if you have further questions. |
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Upcoming Training Sessions Realty Management System Essentials - Would you like to expand on your Realty Management skills? We currently have two Administrator Training Days scheduled. Our one day session includes a full program overview as well as focusing on reports for managing agents, tracking profitability, projecting income, month end procedures and more! For more information, please email training@lwolf.com or call 1-866-CRY-WOLF and ask for the Training Manager.
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Lone Wolf Real Estate Technologies Internet Services Division offers two web-based solutions:
Reap the benefits these solutions offer...plus they can provide integrated MLS data into your Lone Wolf Accounting Program and much more. The Wolf EX product is our latest web-based software solution, Wolf EX is an internal password-protected extranet solution for your entire office. It's an excellent internal communication tool for owners, brokers, agents and staff. Wolf EX can integrate MLS data into your accounting program as well - eliminating manual entry of listing data. Global Wolf Web site / Extranet Solution you get all of the features, benefits and power of Wolf EX, plus a public web site, integrated lead generation, listing enhancement tools, and agent web site tools and much more. To schedule an online demo please contact sales@lwolf.com or 866-279-9653.
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Call 1-866-CRY-WOLF for more information - Visit our web site at www.lwolf.com
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