Lone Wolf Back Office

Excellent program design specifically for real estate.

Opmerkingen: This software is the main focal point in my business. I'd be lost now without it. When I started I used ledger books to post entries, what a difference a few years can make. No more going over ledgers when you are out by a few cents. It basically does most of the work for you!

Pluspunten:

Ease of use. The different components all work together to provide everything you need to run your real estate business efficiently. We receive regular updates throughout the year, things that help our business run smoothly. Lone Wolf listens to the companies using their products, this is huge. After using two other programs this one is by far the best. I have recommended it to many other real estate offices. In this business that changes on a daily business, you require the best up-to-date equipment to work with...and this, in my opinion, is it! I have used Lone Wolf for over 20 years. I've watched it grow and change and as our business has done the same.

Minpunten:

Would love to see an advertising program as part of the listing side, something that could be used to submit to the newspaper or other means of advertising.

Every Real Estate Brokerage Big or Small should use this!

Opmerkingen: This software has thought of everything as far as accounting and running a real estate brokerage. Their support is excellent. Always available and speedy answers.

Pluspunten:

This software has thought of pretty much everything that is needed for your accounting transactions etc all in one spot. Accountants love it and the reporting functions

Minpunten:

The only thing I didn't like about the product is that it is so extensive that the training curve is quite huge. Once trained though it is an amazing product

Best Transaction Management system around

Opmerkingen: Easily keeps track of transactions and making sure we are in compliance

Pluspunten:

Easily keep all the info about a transaction in one place, and has reminders to make sure you have everything you need. Super simple to keep track of your in progress deals and know what your missing/next steps are, and create commission invoices.

Minpunten:

Very few cons I can think of. Sometimes it has trouble searching for a property in the MLS to associate it with that transaction but most of the time it works well

A love/hate relationship.

Opmerkingen: My formal education was in engineering and I spent 23 years as a systems analyst and computer programmer developing and maintaining software systems for many different industries. This is one of the worst pieces of software I have ever used. The only reason we use it is that there is no alternative which provides so much of what is needed to manage the accounting needs of a real estate brokerage in one integrated system. The overall concept is comprehensive and reliable (if you can figure out how to use it) but the actual programming techniques and grouping of related functions are terrible. It desperately needs to be re-written. But it is the devil we know.

Pluspunten:

BrokerWOLF covers most of our brokerages accounting requirements including listings management, sales (trades) management, agent billing and commissions payment, general accounts receivable, accounts payable, payroll and general ledger. The only thing that we have to manage separately is property management.

Minpunten:

I have been inclined to describe BrokerWOLF software as "old technology" but that is too kind. It is just plain poorly written. Even "pretty old technology" software allows for "adding on the fly" (ie: adding a vendor without having to leave the Invoice Entry function to use the Vendor Add/Change/Delete function). Also, in most areas of the system, if you make a mistake in entering some information or want to enter most of it and go back and edit it to add the remainder later, it is impossible to add or change any portion of the entered and stored item (even if it is strictly alphanumeric secondary information and not a key field) without having to reverse the original entry and then re-entering it. (bloody annoying). Even the normally simplest of functions, such as entering an accounts payable invoice, quickly became a full day exercise on the first try, with numerous calls to tech support instead of a quick 5 minute learning exercise, because of unexpected and un-intuitive "extras switches" or items which need to be entered or selected on the input screen, presumably to provide for some unknown feature somewhere else in the system. NOTHING IS SIMPLE OR INTUITIVE.

Keep increasing price but lots of features

Pluspunten:

I has so many reports that you can pull. Lots of ways to structure the information it holds. It does a very good job for brokerage analytics.

Minpunten:

It is a little clunky sometimes utilizing Canada terminology over USA terms. They also continue to increase their standard pricing regularly.