The Dangers of Erroneous Reports: Understand How Your Data Was Derived & Interpret It Correctly

Posted by Peter Mueller, CEO of The Profit Centre on 3/26/18 9:29 AM

How Clean is the Data Upon Which You are Basing Decisions?

In order to run a profitable Real Estate Brokerage, one needs to know and truly understand the metrics involved in running one’s business.

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Topics: Real Estate, Office Management, Streamline Billing, Integration, transaction management, back office, profitability

How to Triple Profits Without Raising Fees

Posted by Jocelynne Haslett on 3/19/18 12:52 PM

This month, Peter Mueller, CEO of The Profit Centre, and Carlos Matias, CEO of GryphTech and Creator of iBroker, held a popular Broker webinar to share what every broker needs to know about running a profitable business. Leveraging decades of industry experience, they discussed how to analyze financial and operational metrics to effectively inform business strategy and how to implement a killer strategy proven to increase profitability.

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Topics: iBroker, PeterMueller, Office Management, ProfitCentre, gross profit

iBroker & The Profit Centre - We're Better Together

Posted by Jocelynne Haslett on 2/17/18 6:44 PM

Increase Profits with iBroker and The Profit Centre

iBroker, a powerful real estate brokerage back office management application by GryphTech Inc., has partnered with leading business evaluation software company, The Profit Centre, to offer insight and tools Brokers need to run an efficient and profitable business.

Shared customers enjoy a streamlined workflow between applications bringing together financial, operational and analytical tools that offer real-time insights integral to a growing and profitable brokerage. Together, Brokers benefit from a one-of-a-kind back office solution that is not only easy to use, but provides the clarity needed to increase profitability.

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Topics: iBroker, ProfitCentre, PeterMueller, profitability, back office, Real Estate Software, Office Management, Real Estate, Brokerage

8 Key Metrics Every Brokerage Should be Tracking

Posted by Peter Mueller, CEO of The Profit Centre on 2/5/18 7:13 AM

When it comes to business planning and measuring performance, real estate brokers often focus most of their effort on developing the sales side of their businesses. Revenue growth, albeit a very important metric, is only one indicator of overall business performance. There are other key metrics that should be tracked ongoing to effectively inform business strategy and be set up for long-term success. For some, this can be an overwhelming process as they are unsure what to track and how. 

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Topics: gross profit, profitability, back office, PeterMueller, ProfitCentre, iBroker

The Most Important Metric of Your Brokerage and Why It Can Be Elusive

Posted by Peter Mueller, CEO of The Profit Centre on 2/4/18 3:26 PM

 In order to run a profitable Real Estate Brokerage, one needs to know and understand the metrics involved in running one’s business. One of these metrics, which we consider to be the most important metric, is the GROSS PROFIT PER REALTOR (GPPR) metric.  This metric is critical to obtaining your Gross Profit per Realtor Objective (GPPRO).

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Topics: ROI, Office Management, profitability, gross profit

GryphTech Enters Market for Brokerage Back Office Software

Posted by Jocelynne Haslett on 1/2/18 1:09 PM

As seen featured in the latest issue of REM Magazine...

GryphTech, a real estate data and franchise software firm, has entered the North American brokerage market with iBroker back office management software.

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Topics: Office Management, Real Estate Software

The 4 Myths of Using Spreadsheets to Manage Your Back Office

Posted by Jocelynne Haslett on 11/27/17 1:29 PM

Are You Using Spreadsheets to Manage Your Back Office?

If so, have you considered the opportunity costs of doing so? For a growing brokerage, using a tool like Excel to manage office finances and administration may not only be inefficient, but risky too.

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Topics: Office Management, back office, opportunity cost

How to Streamline Your Real Estate Transaction Using dotloop and iBroker

Posted by Jocelynne Haslett on 11/9/17 10:22 AM

Integration to bring disparate technologies closer together is becoming an ever-more-popular trend as consumers come to expect increasing ease and fusion in their lives.

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Topics: back office, Integration, automation

New eBook - Broker Insights Collection

Posted by Jocelynne Haslett on 10/31/17 4:28 PM

Don't be small. Think BIG!

Advice for Managing a Real Estate Office


Download the free Broker Insights Collection eBook to discover ways to overcome common challenges facing North American Brokers today and improve growth potential. The eBook is authored by seasoned industry professionals with decades of experience helping real estate companies - big and small - succeed.

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Topics: Office Management, Real Estate Software, opportunity cost, back office

Is Your Back Office Management Working For You Or Costing You Time?

Posted by Jocelynne Haslett on 10/25/17 7:43 AM
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Topics: Integration, Office Management, Real Estate Software, back office, opportunity cost, transaction management, agent management