Audience
Real estate firms
About Ereca
Ereca is a database tool for real estate firms containing their property and contact information alongside their employees, brokers and agencies. It enables payroll calculations across multiple offices and tax codes as well as deal tracking and calculating commissions due to brokers.
‘ERECA’ stands for Enterprise Real Estate Collaboration Application and was created by Retransform to bring together CRM (Customer or Contact Relationship Management) functionality with a DTS (Deal Tracking System) giving full visibility. It’s designed for large Brokers with employees, commission brokers and sub brokers working for them, supporting them to manage properties, people and payments from one place.
Ereca manages large scale property data and can calculate complex commission payments easily. It provides a range of financial and audit reports based on the deals and payments and can forecast the revenue to be generated in the upcoming year.
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IMS
Calculating accurate distributions for your equity investors is a necessary activity for your private equity real estate firm but complex waterfalls in fragile Excel spreadsheets takes time and resources away from higher value work. Additionally, as you continue to make acquisitions and grow your business the scale of calculating distributions across each project will continue to weigh down your team. Your investor’s expectations of how they receive and interpret information about their investments is evolving. In addition to the trusted relationship you have already established, they expect always, everywhere, availability and transparency. Modern wealth management and investment accounts have sophisticated web and mobile investor portals and the expectation is now the same for commercial real estate investments. To deliver on this expectation, you need an investor dashboard that ties together your investors' information with their distributions and investment information.
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Integrations
No integrations listed.
Company Information
Retransform
Founded: 2005
United States
ereca.retransform.com
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Product Details
Platforms Supported
SaaS
Training
Documentation
Support
Online