The deal pipeline computes your commission splits live and posts them at closing. Earnest money and security deposits sit in a guarded escrow ledger that refuses overdrafts. Rent invoices draft in one click and the rent roll shows what's actually held. Built for brokerages, agents, and property managers — often the same business.
Free 30-Day TrialA $400,000 closing at 3% with a 70/30 agent split and a $1,000 referral fee means four numbers your accounting software knows nothing about. So the split lives in a spreadsheet, the journal gets typed by hand (or skipped), and at year-end somebody reconciles twelve months of closings against twelve months of agent payments. Sometimes they even match.
Earnest money and tenant security deposits are other people's money — most states require them segregated, and mixing them with operating funds is a license-level problem. Generic software gives you no structural separation: one wrong deposit-to dropdown and a tenant's money just paid your office rent.
Price, rate, agent, referral — the split panel computes live as you type.
One journal posts: income, receivable, agent payable, referral payable.
The title company's check clears the receivable. Done.
The same trust engine that powers our Law Firm Edition holds earnest money and security deposits: a per-person ledger inside the escrow account, append-only entries, no balance ever below zero, and the bank total always equal to the sum of everyone's individual money. A wrong dropdown can't commingle funds, because the ledger refuses the transaction.
Every transaction is a deal with its side, client, agent, and numbers. The commission waterfall — gross, minus referral, agent tier percentage, brokerage net — recalculates as you type and posts exactly as shown.
Flag your escrow bank account once and BizBooks Pro creates the offsetting "Funds Held in Trust" liability. Earnest deposits and security deposits track per person from that moment.
Add a building with its unit list in one line. Lease vacant units to tenants with rent, term, and deposit — one active lease per unit, enforced, with the unit reopening automatically at move-out.
"Invoice rent" drafts the month's invoice — tenant, property, unit, month — against Rental Income, ready to review and send. The rent roll shows every active lease with the deposit actually held in escrow, not just the lease's promise.
Each property becomes a value in the built-in Property tracking dimension. Filter any report in Reports Studio by property and you have that building's income statement — rent on one side, tagged repairs, insurance, and taxes on the other.
Agents are Sales Reps with paired 1099-NEC vendor records — the same machinery our travel agencies use for contractor payouts. Commission payments accrue to the right vendor all year and the 1099 Summary report totals each agent automatically.
Plenty of real estate businesses do both — sell homes and manage doors. Buying separate software for each side means two subscriptions and a general ledger stitched together at tax time. Here both workflows post into the same double-entry books, share the same escrow account where appropriate, and roll up into the same financial statements your CPA already understands.
Bank feeds and reconciliation, AI-assisted categorization, invoicing with online payments, bill management, custom reports, audit logging, multi-company support — the entire BizBooks Pro platform sits under the vertical. This is a workflow layer on real accounting software, not a point solution with a ledger bolted on.
No — it's a feature flag inside the standard app, included from the Pro tier up. The 🏠 Real Estate section appears in the sidebar when your license qualifies. Same installer, same database, same annual price.
One journal: Debit Commissions Receivable and Credit Real Estate Commission Income for the gross; Debit Agent Commissions Expense and Credit Commissions Payable for the agent's share (tagged to the agent); Debit Referral Fees Expense and Credit Commissions Payable for any referral (tagged to the vendor). Receiving the title company's check posts a second entry clearing the receivable.
The referral fee comes off the gross first; the agent's percentage applies to the remainder. The percentage defaults from the agent's tier on their Sales Rep record and can be overridden per deal. Example: $12,000 gross, $1,000 referral, 70% tier → agent gets $7,700, brokerage nets $3,300.
Structure, not policy. The escrow bank account is flagged as a trust account with an automatic offsetting liability, and every dollar is attributed to a specific buyer or tenant. Outflows are checked against that person's individual balance — paying anyone more than they hold, or applying one person's money elsewhere, is rejected at the ledger level. Entries can't be edited, only voided with a recorded reason.
Enter the deductions (carpet cleaning $200, wall repair $100) at move-out. They transfer from escrow to operating as Damage & Cleaning Recovery income with the descriptions on the journal; the remainder refunds to the tenant with the check number recorded; the lease ends and the unit opens up. Deductions exceeding the held deposit are refused.
Yes — every property automatically becomes a value in the Property tracking dimension. Run an income statement in Reports Studio filtered by that dimension. Rent invoices generated by the edition tag themselves; tag property expenses with the same dimension as you enter them.
Each lease has an "invoice rent" action that drafts the month's invoice in one click, with duplicate-month protection. For full automation, pair it with BizBooks Pro's memorized transactions — and batch generation across all leases is on the roadmap for this edition.
Nothing beyond Pro. No per-deal fee, no per-door fee, no separate property-management subscription — which is precisely the comparison to draw against the dedicated PM platforms charging per unit per month.
Free for 30 days. Full Realtors & Property Management Vertical included.