Brokerage Engine Partners With Payload
June 1, 2023
Brokerage Engine has partnered with Payload to automate real estate agent billing, earnest money deposits, agent commission payouts and internal customer SaaS billing. Payload offers software platforms a suite of developer APIs and toolkits allowing them to customize a fully embedded inbound and outbound payment experience from up-front customer enrollment through transaction processing and reporting.
Prior to integrating Payload, Brokerage Engine users managed payments using a mix of payment methods and processes such as bank direct ACH, separate card processing, manual checks and wires, and cash. “Managing a decentralized payment landscape for more than 500 agents was time-consuming for our agents and administrative team,” said Brianne Alston, chief financial officer of Gibson Sotheby’s International Realty. “The convenience of Payload is very evident as it enables us to make charges remotely and electronic records for all transactions are easily accessible. We’ve launched the integration recently and have already seen a dramatic improvement of speed and productivity.”
Agent billing offers administrators the options to invoice for one-time or recurring fees, leverage autopay, accept all major payment methods and choose who pays the fees. Digital earnest money payments are securely requested from home buyers via payment link or within Brokerage Engine. Commission payouts are triggered in seconds and processed the same day.
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