The Best Accounting Software for Real Estate Brokerage in 2025

QuickBooks - by Intuit

QuickBooks stands as a financial management powerhouse for real estate brokerages looking to streamline their accounting processes. This Intuit-created software bridges the gap between basic bookkeeping needs and comprehensive financial management through both desktop and cloud solutions.

For real estate professionals managing multiple agents and transactions, QuickBooks offers automation that significantly reduces manual data entry. The software connects directly with banking systems to import transactions automatically, freeing up valuable time that brokers can redirect toward growing their business.

The platform's flexibility makes it suitable for small independent brokerages and larger operations alike. With various versions available, brokers can scale their financial management tools as their business expands.

Internet Reviews

Users praise QuickBooks for its robust accounting features and wide-ranging integrations, but recent feedback shows growing concerns about certain aspects of service. Many brokers appreciate the comprehensive business management capabilities, but express frustration with customer support quality and unexpected account issues.

The software maintains popularity across the real estate sector despite these challenges. Users particularly value the software's ability to handle complex commission structures and transaction tracking that brokerages require.

Features

• Comprehensive Financial Management: Track your brokerage finances with an all-in-one accounting solution that handles invoicing, expense tracking, and reporting for businesses of all sizes.
• Customizable Invoicing: Create professional invoices with your company logo, send them directly to customers, and set up recurring billing for convenience.
• Online Payment Processing: Enable secure digital payments that help you get paid faster and simplify your financial transactions.
• Automated Expense Tracking: Automatically categorize expenses, track bills, and manage payments across multiple vendors with minimal manual effort.
• Inventory Management: Monitor stock levels, receive low inventory alerts, and track product costs across multiple warehouses with advanced inventory tools.
• Payroll Processing: Streamline employee payments with automated direct deposits, tax calculations, and comprehensive payroll management.
• Detailed Financial Reporting: Generate comprehensive financial statements, sales reports, and cash flow analyses to make informed business decisions.
• Bank Account Integration: Connect your bank accounts to automatically import and match transactions, simplifying reconciliation.
• Tax Management Tools: Automatically categorize expenses for tax deductions, prepare 1099 forms, and support tax filing processes.
• Scalable Solutions: Choose from multiple versions that adapt to your business needs, from solo entrepreneurs to large enterprises.

Simplified Pricing Information

• QuickBooks Solopreneur costs $20 per month, ideal for single-agent operations needing basic invoicing and payment processing.
• QuickBooks Online offers tiered pricing: Simple Start at $35/month (1 user), Essentials at $65/month (3 users), Plus at $99/month (5 users), and Advanced at $235/month (25 users).
• QuickBooks Enterprise scales from $1,703/year (Silver) to $5,364/year (Diamond), providing industry-specific solutions for larger brokerages.
• Additional Payroll options range from $50/month plus $6 per employee (Core) to $130/month plus $11 per employee (Elite).

Overall Opinion

QuickBooks delivers a solid accounting solution for real estate brokerages with its versatile features and integration capabilities. The software excels at handling the complex financial tracking that brokerages need, from commission splits to transaction management and expense categorization.

While some users report frustrations with customer service and payment processing, the core accounting functionality remains reliable. For brokerages seeking an established solution with extensive training resources and wide adoption within the industry, QuickBooks offers a dependable option that scales with business growth.

Consider your specific brokerage needs and budget when choosing among their various tiers. The higher-priced options provide more real estate-specific functionality that larger brokerages will find valuable, while smaller operations might find the basic tiers sufficient for their accounting requirements.

DoorLoop - Real Estate Accounting Made Simple

DoorLoop offers real estate brokerages a comprehensive solution for managing both accounting and property operations in one platform. Launched in 2019, this relatively new software has quickly gained popularity among property managers looking to streamline their workflows.

What sets DoorLoop apart is its focus on combining financial management with tenant and property operations. The software serves as a central hub where brokerages can handle everything from rent collection to maintenance tracking without switching between multiple systems.

The platform works well for various property types, making it versatile for brokerages that manage diverse portfolios. Its cloud-based nature ensures accessibility across devices, allowing agents and managers to stay connected even when working remotely.

Internet Reviews

Online feedback shows DoorLoop has built a solid reputation among real estate professionals. Users frequently praise its intuitive interface and how it simplifies complex property management tasks. The platform scores well for its responsive customer support, which helps new users quickly adapt to the system.

Many reviews highlight how effectively DoorLoop bridges the gap between accounting needs and day-to-day property operations. Brokerages particularly value the tenant portal functionality and automated rent collection features, which reduce administrative burdens.

Some smaller operations mention the pricing structure feels a bit steep compared to simpler alternatives. Others note occasional technical issues with the mobile app, though these complaints are relatively minor compared to the positive feedback.

Features

• Tenant and Lease Management: Streamline tenant interactions with a comprehensive portal allowing online rent payments, maintenance requests, and digital lease signing with error-prevention tools.
• Accounting and Financial Management: Automate financial tracking with customizable charts of accounts, bank transaction synchronization, real-time reporting, and seamless QuickBooks integration.
• Maintenance Management: Simplify property upkeep with automated workflow assignments, tenant-submitted maintenance requests, and customizable work order systems.
• Property Marketing and Listing: Efficiently manage property vacancies, create integrated listings, and accelerate tenant acquisition with user-friendly marketing features.
• Owner Portal and Reporting: Provide property owners transparent access to comprehensive dashboards, financial insights, and detailed portfolio performance metrics.
• Rent Collection Technology: Enable automatic monthly rent collection with multiple payment options, supporting major credit and debit cards for flexible transactions.
• Flexible Platform Customization: Tailor the software to your specific needs with scalable pricing plans, customizable dashboards, and intuitive user interfaces.

Simplified Pricing Information

• Starter Plan starts at $59 per month, covering basic property management features like online rent payments, tenant portal, maintenance management, and rental applications.
• Pro Plan at $119 per month adds advanced features such as 5 GB per unit storage, QuickBooks Online sync, owner portal, customizable dashboards, and enhanced support options.
• Premium Plan at $169 per month offers the most comprehensive package with free incoming ACH payments, API access, and website portal integration.
• Additional costs include tenant screening fees ($25-$45), payment processing fees (3.25% for credit cards), $1 per eSignature document, and $1 for outgoing EFT payments on Pro and Premium plans.

Overall Opinion

DoorLoop stands out as a practical choice for real estate brokerages needing robust accounting capabilities alongside property management tools. Its QuickBooks integration and financial tracking features make it particularly valuable for firms wanting to keep their books organized without sacrificing operational efficiency.

The software offers a good balance between functionality and usability, making it accessible even for team members without extensive technical skills. While not the cheapest option available, the comprehensive feature set justifies the investment for brokerages managing multiple properties or complex portfolios.

For brokerages primarily focused on accounting accuracy and streamlined property operations, DoorLoop delivers a reliable solution that can grow with your business. The flexible customization options ensure the software adapts to your specific needs rather than forcing you to change your processes.

Wave - Free Financial Management for Small Businesses

Wave offers a breath of fresh air for real estate brokerages looking for straightforward financial management. This platform combines accounting, invoicing, and payment processing in one user-friendly package that works especially well for smaller agencies and independent brokers.

What makes Wave stand out is its accessibility. The core accounting and invoicing features are completely free, making it a practical option for brokerages watching their overhead costs. The system handles multi-currency transactions—perfect for agencies working with international clients or investors.

The clean interface requires minimal training, allowing agents and office managers to quickly adapt without an accounting background. For brokerages with simple financial needs but professional requirements, Wave hits a sweet spot between capability and usability.

Internet Reviews

Users consistently praise Wave for its time-saving automation and organized reporting features. Many small business owners appreciate how the platform helps them look more professional without significant expense. The free invoicing system receives particular acclaim for its clean templates and easy customization.

Some reviews mention occasional delays with customer support, particularly for users of the free version. A few users note that the payment processing fees can add up for businesses with high transaction volumes. Overall, Reddit discussions and review sites show generally positive experiences, with most users finding good value in the platform.

Features

• Unlimited Invoicing and Payments: Create and send unlimited professional invoices with multi-currency support, customizable templates, and automated payment reminders.
• Robust Accounting System: Leverage double-entry bookkeeping with automated transaction reconciliation, financial reporting, and seamless bank account integration.
• Smart Expense Management: Capture digital receipts, track business expenses efficiently, and manage spending with mobile-friendly receipt scanning.
• Streamlined Payroll Processing: Handle employee and contractor payroll with automated tax form generation and state-specific tax filing support.
• Real-Time Cash Flow Insights: Monitor pending and completed payments, track customer interactions, and gain comprehensive financial visibility.
• Business Productivity Features: Enjoy task management, invoice tracking, cloud backup, and integrated financial tools designed for small business efficiency.

Simplified Pricing Information

• Free version offers unlimited invoices, bookkeeping, and expense management without monthly fees, with standard transaction fees for online payments.
• Pro Plan costs $16 per month, providing auto-importing bank transactions, reduced transaction fees for first 10 monthly transactions, and unlimited receipt scanning.
• Transaction fees for online payments: 2.9% + $0.60 per transaction for Visa/Mastercard/Discover, 3.4% + $0.60 for American Express, and ACH bank payments at $1 or 1% per transaction.
• Optional add-ons include Receipt Scanning at $8 monthly for Starter users, and Payroll services starting at $40 per month plus $6 per active employee or contractor in supported states.

Overall Opinion

Wave provides exceptional value for small to mid-sized real estate brokerages. The free core accounting and invoicing tools deliver professional results without the cost of premium alternatives. For brokerages managing under 10 employees with straightforward accounting needs, Wave offers nearly everything required.

The software shines in its simplicity and accessibility. You won't find complex property management features or advanced commission tracking, but for basic financial management, it's hard to beat Wave's combination of price and performance. The paid add-ons make sense when your brokerage grows beyond basic needs.

For real estate professionals focused on running their business rather than learning accounting software, Wave removes unnecessary complications while still providing the professional tools needed to manage finances effectively. It's an ideal starting point for new brokerages or individual agents looking to upgrade from spreadsheets.

AppFolio - Complete Property Management & Accounting Solution

AppFolio stands out as a comprehensive software solution designed specifically for real estate brokers and property managers who handle residential, commercial, and community association properties. The platform brings together all essential property management functions in one intuitive system.

What makes AppFolio particularly useful for real estate brokerages is its ability to centralize operations through a unified dashboard. Users can manage their entire property portfolio, process payments, track maintenance issues, and communicate with tenants seamlessly. This integration helps brokerages reduce the administrative burden while maintaining professional relationships with clients.

The platform's design focuses on simplifying complex property management tasks, allowing brokers to focus more on growing their business instead of getting bogged down in paperwork and manual processes.

Internet Reviews

AppFolio generally receives positive feedback from real estate professionals. Many users highlight the platform's user-friendly interface and comprehensive approach to property management. The accounting features particularly stand out in reviews, with users appreciating the automated financial processes and reporting capabilities.

However, several users mention challenges with customer support, noting sometimes lengthy response times and difficulty reaching live representatives. Some reviewers also point out limitations in customization options, which can be restrictive for brokerages with unique operational needs.

Features

• Comprehensive Accounting Suite: Streamline financial management with automated billing, online rent payments, and secure payment processing that calculates late fees automatically.
• Community Management Tools: Organize events, manage committees, and coordinate community activities through an integrated calendar and event planning system.
• Commercial Property Management: Efficiently track lease terms, manage rent rolls, and handle complex commercial property operations with precision.
• Advanced Tenant Portal: Enable tenants to submit maintenance requests, communicate with property managers, and access important account information online.
• Robust Owner Reporting: Generate detailed financial reports, securely share documents, and provide transparent insights into property performance.
• Intelligent Maintenance Management: Create, assign, and track work orders while managing vendor relationships through a centralized system.
• Integrated Marketing Platform: Manage property listings, handle rental applications, and streamline tenant screening processes with comprehensive marketing tools.
• Mobile Accessibility: Access all property management functions from anywhere using a user-friendly mobile app that keeps you connected on the go.

Simplified Pricing Information

• Core Subscription starts at $1.49 per unit per month with a $298 minimum monthly spend, ideal for portfolios with 50+ units and includes essential property management features.
• Plus Subscription costs $3.20 per unit per month with a $960 minimum monthly spend, offering advanced leasing metrics and premium software integrations for portfolios with 300+ units.
• Max Subscription priced at $5 per unit per month with a $7,500 minimum monthly spend, designed for large portfolios of 1,500+ units and includes a leasing CRM, custom fields, and a dedicated account manager.
• Pricing varies by property type: Residential at $1.49-$3.20 per unit, Commercial at $1.50 per unit, and Community Associations at $0.80-$0.85 per unit.
• Additional costs may include onboarding fees and potential add-ons for specific features not included in base subscriptions.

Overall Opinion

AppFolio offers a solid solution for real estate brokerages needing comprehensive property management and accounting tools in one package. The platform shines with its intuitive interface and all-in-one approach that covers everything from accounting to tenant communications and maintenance management.

Its tiered pricing structure makes it most cost-effective for medium to large portfolios, which might put smaller brokerages at a disadvantage due to minimum spend requirements. While the software provides excellent functionality for day-to-day operations, some users might find the limited customization options and occasional support challenges frustrating.

For real estate brokerages managing multiple properties and seeking to streamline their accounting and property management workflows, AppFolio represents a worthwhile investment despite its limitations. The ability to centralize operations and provide clients with modern online portals can give brokerages a competitive edge in today's market.

Lone Wolf Technologies - Real Estate Brokerage Management Suite

Lone Wolf Technologies stands out as a comprehensive solution created specifically for real estate professionals. With over 1.5 million users across North America, their integrated platform connects the various aspects of running a brokerage from start to finish.

What makes Lone Wolf particularly valuable for real estate brokerages is how it brings together transaction management, accounting, and client presentations in one ecosystem. Their web-based interface means your team can access critical tools from anywhere with internet access.

The platform bridges the gap between client acquisition and financial management, making it easier to maintain oversight of your entire operation. By connecting directly with MLS data, Lone Wolf reduces manual data entry and helps keep information current across all aspects of your business.

Internet Reviews

• Users frequently praise the comprehensive nature of the Back Office system, noting how it eliminates the need for multiple software subscriptions.
• Real estate professionals appreciate the Cloud CMA tool for creating professional listing presentations that impress potential clients.
• Some users mention a learning curve when first adopting the platform but highlight that the customer support team is responsive.
• Brokerages particularly value the commission automation features, which simplify complex payment structures.
• Reviews often mention how the MLS integration saves significant time compared to manual methods.

Features

• Cloud CMA: Provides real estate agents with powerful listing presentation tools that generate professional, visually compelling market analysis reports automatically integrated with MLS data.
• Back Office Management: Streamlines brokerage operations by unifying team management, accounting, transaction tracking, and commission processing into a single comprehensive platform.
• Automated Reporting: Delivers real-time insights on agent performance, financial metrics, and market trends to help brokerages make data-driven strategic decisions.
• Interactive Listing Presentations: Enables agents to create engaging virtual and in-person presentations with brand-customized designs that impress potential clients.
• Transaction Tracking: Keeps all real estate deals organized, on schedule, and provides comprehensive management tools to ensure smooth closing processes.
• Commission Automation: Precisely calculates and manages complex commission structures and payouts for real estate teams and brokerages.
• Market Integration: Connects seamlessly with MLS systems to provide live listing updates, accurate home valuations, and current market trends.

Simplified Pricing Information

• Cloud CMA offers a basic version with professional listing presentation tools starting at an accessible price point for individual agents.
• Back Office system provides comprehensive brokerage management with pricing starting around $100 per month, scalable to business needs.
• PropertyBase CRM solution begins at $69 per user annually, offering flexible pricing for real estate professionals.
• LionDesk platform provides entry-level pricing from $25 per month, making it affordable for smaller real estate teams.
• Brokerkit integration offers tiered plans: Starter at $84 per month (billed annually), Expansion at $424 per month, and Enterprise at $849 per month to accommodate businesses of different sizes.
• Customized pricing available by contacting Lone Wolf Technologies directly for precise brokerage-specific solutions and volume discounts.

Overall Opinion

Lone Wolf Technologies offers a solid solution for real estate brokerages looking to streamline their operations. The platform shines in its ability to connect different aspects of the business into one cohesive system. While there is a learning curve and the pricing structure varies based on which components you need, the efficiency gains can justify the investment for growing brokerages.

The MLS integration and commission management features are particularly valuable for multi-agent offices. For brokerages looking to scale while maintaining financial control, Lone Wolf provides the necessary tools to grow without losing oversight of the accounting aspects that directly impact profitability.