Wrapping up year-end financials and prepping for another year is top of mind for real estate brokerages right now. The latest updates to Back Office from Lone Wolf Technologies make that easier and more efficient with consolidated agent management, a better user experience, and much more.
The next era of back office and transactions efficiency is here with the new Lone Wolf Back Office, a reimagining of the classic version. No more multiple logins or data entry errors—now, transactions and accounting tasks are managed together to help you run an efficient and successful brokerage. Read all the new details here.
Lone Wolf Back Office empowers brokerages to take on the complexities of real estate accounting with confidence. The latest software updates bring together your brokerage’s operations, financial data, and accounting needs more intuitively, all while providing the complete picture when it comes to staying on top of the bottom line. Learn more.
Despite recent challenges in the real estate market due to rising interest rates, family offices continue to prioritize real estate investments for their stability and long-term growth potential. According to UBS, real estate accounts for 10% of family office portfolios, with a shift towards sustainable and diversified investments, including data centers. Experts like Maximilian Kunkel from UBS and Thomas Kennedy from JP Morgan highlight the strategic value of real estate, while noting the trend towards prime locations and the importance of sustainability in future investments.
August brought a welcome decrease in New York City apartment rents, with Manhattan's median rent dropping to $4,245—a 3.5% decline from the previous year's record high. Brooklyn and Queens also saw annual decreases in median prices, according to data from appraiser Miller Samuel and brokerage Douglas Elliman Real Estate.
Housing starts fell to a 1.35 million annualized rate in September, down 0.5%, according to the Commerce Department. Construction of multifamily starts were down 9.4%, although single-family starts rose 2.7%.
Lone Wolf Technologies is the North American leader in residential real estate software, serving over 1.5 million real estate professionals across Canada, the U.S., and Latin America. With cloud solutions for agents, brokers, franchises, MLSs, and associations alike, they provide the entire real estate industry with the tools needed to amaze clients, build their business, and improve profits—for all of real estate, all in one place. Visit our website.
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