Brokermint vs SoftPro

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Our analysts compared Brokermint vs SoftPro based on data from our 400+ point analysis of Property Management Software, user reviews and our own crowdsourced data from our free software selection platform.

SoftPro Software Tool

Product Basics

Brokermint is a real estate back office management software that automates and optimizes processes replacing paper-based workflows. It comes with transaction management that simplifies delegating tasks, requesting documents, keeping track of work and ensuring agents meet deadlines. Users can automatically calculate commission splits and create statements and reports with automated tracking and management. The team management tool auto-calculates commission. It seamlessly integrates and synchronizes data across multiple platforms.

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SoftPro is a web-based application for supervising real estate closing, title insurance and escrow services. It offers accounting and reporting and allows users to manage documents, maintenance tasks and workflows. It helps automate processes and form submissions, and customize documents to stay compliant. It allows integrations with shipping, notary, underwriters and more. It has three plans: standard, select and hosted, and supports Windows.
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$99 Monthly
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$200 Monthly
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Windows
Mac
Linux
Android
Chromebook
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Linux
Android
Chromebook
Cloud
On-Premise
Mobile
Cloud
On-Premise
Mobile

Product Assistance

Documentation
In Person
Live Online
Videos
Webinars
Documentation
In Person
Live Online
Videos
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Email
Phone
Chat
FAQ
Forum
Knowledge Base
24/7 Live Support
Email
Phone
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FAQ
Forum
Knowledge Base
24/7 Live Support

Product Insights

  • Simplify Transaction Management: Close deals faster and bring more clients on board by knowing where the agreement stands with efficient tracking and documentation of every step of the process. 
  • Save Time: Automate tedious and time-consuming administrative tasks. Oversee more transactions in less time by automating reminders, email with templates, eSignatures, and more. 
  • Streamline Back Office: Automate the crucial parts of commission management like checking sales reports, agency commission and generate commission reimbursement forms to simplify back-office operations. 
  • Centralized Data: Manage transactions faster by storing all the documents at one place. Organize and make data accessible from any device. Keep an eye on the real-time status of the team's work without disturbing anyone. 
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  • Streamline Escrow Documentation: Manage closing, title and escrow of the entire portfolio from a single screen. Generate residential and commercial closings efficiently with a few clicks. 
  • Simplify Administration: Automate recurring tasks like updating orders, adding tasks based on the order information, running reports, accepting products and more. 
  • Personalize Dashboards: Design custom work areas with shortcuts to closing templates, custom reports, business insights and other dashboards. 
  • Scale Easily: Connect with underwriters and integrate third-party software to add features during business scaling. 
  • Improve Accounting: Automate bookkeeping, schedule three-way reconciliations, print checks and balance ledgers. 
  • Streamline Communications: Offer customers a unique portal to submit new orders, track real-time status, send documents and chat with managers. 
  • Take Better Decisions: Identify trends and capitalize on opportunities by tracking personalized KPIs and automating periodical reporting. 
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  • Transaction Management: Make digital document management and eSignatures accessible and easy. Close contracts quickly and efficiently by digitally signing and securing forms. Ensure everyone is aware of the deadlines and deficiencies with automated and customized reminders. Centralize and organize crucial documents and communicate with multiple agents with a single click. Keep an eye on outstanding processes or documents with automated tracking. Identify, resolve and ensure compliance with digital signatures and automated follow-up. Stay audit-ready with automatic record-keeping and tracking. 
  • Reporting and Analytics: Get a comprehensive and detailed overview of how the agents and team perform on a single dashboard. Create custom reports with drag-and-drop features of the intuitive report builder. Check who the top producers are with the Agent Report Section. Identify who is facing bottlenecks and provide insightful mentoring. Minimize the possibility of error and gain transparency on all reports with automatization. Make accurate data-driven decisions by getting a broader view of the data and identifying the latest trends. Get a fully functional, easily accessible, cloud-powered procurement system and manage orders quickly and efficiently. Send notification alerts of closed deals, export data to CSV or Excel with pre-built reports. Ensure compliance with franchise rules and report production and avoid delays and penalties by integration with DASH. 
  • Commission Automation: Automatically switch between categories and modify commission split based on the production. Make sure that the agents get paid on time without any manual intervention. Establish team and cap contributions and keep an eye on how much each member contributed towards the group quota. Narrow down deposits and balance details at a transactional level and keep track of when the money came in and was released. Provide detailed commission statements with a breakdown of what the agents have earned. Boost the profit margins, and minimize administrative burden and automate the accounting process by integrating with leading third-party systems. 
  • Agent Management: Enjoy independence, flexibility while ensuring compliance, boosting productivity, and saving time with quick onboarding. Make sure that everyone in the organization is on the same page by creating clearly defined goals with the intuitive platform. Keep an eye on the agent’s profile and task’s progress alongside maintaining confidentiality, privacy, and security. 
  • Branding and While Label: Build brand and attract clients and agents to the website. Stay organized and informed throughout the process, even with multiple office locations. Ensure ease of use and security with a single sign-on account. 
  • Store Documents: Minimize paperwork and quickly pull documents out for review. Ensure that the documents are audit-ready by securely storing all files and organizing them adjacent to the transactions. 
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  • Closing, Title and Escrow Production: Monitor and manage the entire cycle — from order entry to drafting the final title policy. Leverage a robust library of documents, including HUD-1 settlement statements, ALTA settlement statements, CDF, disbursements summary, title commitments, policies and more. Print documents and auto-populate data in appropriate locations. A few supplemental offerings include: 
    • Automation: Automate repetitive tasks to improve performance and accountability while preventing bottlenecks and missing tasks. Available with the Select and Hosted plans. 
    • Settlement Statements: Generate master or individual settlement reports for buyers, sellers and properties. Customize statements for each order and office, and associate one or more properties with a charge. Available with the Select and the Hosted plans. 
    • Multi-User: Have multiple people access and work on an order simultaneously. Communicate with others via a chat tool. Available with the Select plan. 
    • Add-Ons: Build a suitable solution by adding an integrated calendar, BI-equipped dashboard and task notification tools. Add SoftPro Live to communicate current order statuses with customers. 
  • Accounting: Automatically record every deposit, pending or voided check and other miscellaneous transactions. Maintain ledgers and print reports for quick reconciliation and auditing procedures. Manage interest bearing accounts and track disbursement of construction draws. A few add-ons include: 
    • ProTrust Accounting: Import the bank’s information file and approved transactions for faster reconciliations. Generate reports to identify duplicate transactions and other errors. 
    • Positive Pay: Prevent illicit check writing by compiling all cleared checks within a specific date range into a file, which can be sent to banks for authorization. 
    • 1099 Tax Forms: Automate generation of 1099-S records for IRS submission. Get notified of discrepancies and erroneous information in the report while closing procedures. Automatically collect 1099 data throughout the year and auto-export data from the escrow module for electronic submission at the IRS site. This optional module is available with the Select and Hosted plans. 
  • Document Management: Track, store and edit unlimited documents and images from a centralized library. Declutter physical cabinet files by scanning and digitizing documents using the barcode scanner. With the Select and Hosted plans, annotate and quickly markup PDF documents and specify permissions for secure documents and folders. 
  • Document Creation: Create custom documents using third-party software or use ProDesign, a paid add-on, to insert graphics, text, field names, IF-statements and more. Link documents automatically to data from the closing file. Store and generate unlimited documents. 
  • Reporting: Leverage more than 100 built-in report templates or build custom reports and drill down on critical areas. Create ad-hoc reports or automate recurring reports. Export reports to MS Excel for quick sharing. 
  • Integrations: Use SoftPro 360 to leverage integrations for underwriting, lien release, tracking and reporting, notary services and more. Build a full-stack solution for all closing, title insurance and escrow needs. Available for free with all versions; pay only for the services and not the platform. 
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Product Ranking

#18

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Property Management Software

#38

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Property Management Software

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User Sentiment Summary

Excellent User Sentiment 791 reviews
Great User Sentiment 18 reviews
90%
of users recommend this product

Brokermint has a 'excellent' User Satisfaction Rating of 90% when considering 791 user reviews from 1 recognized software review sites.

80%
of users recommend this product

SoftPro has a 'great' User Satisfaction Rating of 80% when considering 18 user reviews from 2 recognized software review sites.

n/a
4.0 (2)
4.51 (791)
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n/a
4.0 (16)

Awards

Brokermint stands above the rest by achieving an ‘Excellent’ rating as a User Favorite.

User Favorite Award

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Synopsis of User Ratings and Reviews

Centralized Data: Consolidate all property and tenant information into a single, easily accessible platform, streamlining operations and enhancing collaboration.
Automated Workflows: Set up automated workflows for tasks such as rent collection, maintenance requests, and lease renewals, saving time and reducing errors.
Mobile Accessibility: Access Brokermint from anywhere, anytime on your smartphone or tablet, ensuring you stay connected and responsive to tenants and owners.
Customizable Reporting: Generate customized reports on key metrics such as occupancy rates, rent collection, and maintenance expenses, providing valuable insights for decision-making.
Tenant Screening: Integrate with leading tenant screening services to quickly and efficiently verify applicants, reducing risk and protecting your properties.
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Streamlined Workflow: SoftPro's intuitive interface and automated processes make it easy to manage tasks like scheduling appointments, collecting rent, and processing payments, saving time and reducing errors.
Comprehensive Reporting: SoftPro provides detailed financial reports and property performance metrics, giving property managers valuable insights into their operations and helping them make informed decisions.
Strong Communication Tools: SoftPro's communication features, such as email and text messaging, allow property managers to stay in touch with tenants and vendors, ensuring smooth communication and timely responses.
Mobile Accessibility: SoftPro's mobile app allows property managers to access key features and manage their properties from anywhere, anytime, providing flexibility and convenience.
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Difficult to Manage Multiple Properties: Brokermint's interface can become cluttered and challenging to navigate when managing a large portfolio of properties.
Limited Customization Options: The software lacks flexibility in customizing workflows, reports, and property listings to meet specific business needs.
Data Entry Issues: Users have reported occasional data entry errors and inconsistencies, requiring manual intervention to correct.
Integration Challenges: Brokermint's integrations with third-party applications can be unreliable, leading to data syncing issues.
Costly Upgrades: Additional features and functionality often require costly upgrades, adding to the overall cost of using the software.
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Limited Reporting Capabilities: Some users have reported that SoftPro's reporting features are limited, making it difficult to generate the specific reports they need for their business. For example, some users have found it challenging to create custom reports or to export data in a format that is compatible with other software programs.
Steep Learning Curve: SoftPro can be a complex system to learn, especially for new users. The interface can be confusing and the software may require extensive training to use effectively. This can be a significant barrier for smaller property management companies with limited resources.
Lack of Mobile Functionality: SoftPro's mobile app is not as robust as some other property management software options. This can be a major inconvenience for property managers who need to access information or manage tasks on the go.
Customer Support Issues: Some users have reported experiencing difficulties with SoftPro's customer support. They have found it challenging to get timely and helpful assistance when they need it. This can be a major frustration for users who are struggling with the software or who have urgent issues that need to be resolved.
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Brokermint is a well-received property management software that users describe as reliable, user-friendly, and feature-rich. Its seamless integration with popular accounting and marketing tools has been particularly praised, as it streamlines workflows and saves time. Users also appreciate the software's customizable dashboards, which allow them to tailor the interface to their specific needs. Compared to competitors, Brokermint is said to offer a more intuitive user experience, making it easier for new users to get up to speed quickly. Its reporting capabilities are also considered a strength, providing users with detailed insights into their property performance. However, some users have expressed concerns about the software's occasional glitches and limited customization options. Additionally, the pricing structure has been criticized for being somewhat higher than some competitors. Despite these drawbacks, Brokermint remains a popular choice for property managers due to its comprehensive feature set, ease of use, and strong integrations. Brokermint is best suited for small to medium-sized property management companies looking for a reliable and user-friendly solution. Its intuitive interface, customizable dashboards, and seamless integrations make it an excellent option for streamlining operations and improving efficiency.

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Is SoftPro the "software pro" for managing properties? SoftPro is a leading real estate closing and title insurance software solution used by a large number of customers, with a strong reputation for customer service, support, and product development. Users particularly appreciate its robust features for managing the entire closing process, from order entry to final title policy issuance. The software's ability to automate tasks, such as populating documents with data from a single entry, is a significant time-saver. Users also praise SoftPro's comprehensive training program, which helps them navigate the software's extensive capabilities. However, the sheer breadth of features can feel overwhelming initially, especially for users transitioning from less sophisticated systems. Despite this, SoftPro's exceptional customer support and training resources make it a worthwhile investment for businesses of all sizes in the real estate industry seeking to streamline their closing and title insurance processes.

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