FEATURES
Masterre has been designed to help streamline the operations of real estate brokerages and their agents. Our simplified data entry process enables agents to get deals approved faster. Masterre offers advantages over traditional fillable PDFs and Excel by providing real-time deal tracking and the capability to manage a deal status anytime, anywhere. Instead of constantly switching between PDFs that require signatures, Excel files, numerous documents and emails, all the necessary information is readily accessible through our cloud-based servers.
Our platform features an integrated document storage solution, providing a centralized repository for all deal related documents. This feature allows for easy uploading, storing, and retrieval of documents as needed. It also eliminates the need for physical storage and saves time spent searching for specific documents. All stored documents are guarded by Masterre’s robust security protocols, ensuring their safety and integrity.
Masterre’s system is designed with robust security measures to protect sensitive client and transactional data. Encryption protocols are employed to transfer data between devices and servers securely, mitigating potential data leaks during transmission. Access to the Masterre database is available in the private network only, using internal IP addresses and security certificates, which adds an extra layer of security. The passwords are encrypted and stored with the utmost security to ensure they cannot be misused. All data processing in Masterre is carried out inside the database. This approach helps prevent SQL injections and other unauthorized data manipulations.
Masterre’s servers are hosted by Amazon Web Services (AWS), ensuring data sovereignty and compliance with data privacy regulations.
Additionally, our systems are continuously monitored, ensuring swift identification and rectification of any potential vulnerabilities. This 24/7 monitoring is an assurance that data is safeguarded round the clock.
Masterre is firmly committed to abiding by local standards and regulations. We understand the significance of compliance and have designed our services accordingly. We store all our data in AWS data centers to comply with local data sovereignty laws.
Masterre’s software is built to simplify deal tracking, leading to increased efficiency for brokerages and agents. Deals can be entered in less than a minute, reducing the time required for administrative tasks. Furthermore, we offer a detailed audit trail feature that tracks and records all changes made throughout the deal process, ensuring full transparency and accountability. This tracking enables users to review historical data easily, providing a clear, chronological record of each deal.
To help streamline the deal entry process, our system checks for inaccuracies or inconsistencies. It alerts users when potential issues arise. For instance, an agent would receive a warning if the total commission entered exceeds a certain percentage. The system also checks for invalid information, such as incorrect postal codes, email addresses, or numerical entries outside acceptable ranges. In addition, certain compliance warnings, such as manual changes to the GST/HST rate, are made visible to the Broker of Record. This additional layer of review ensures any inaccuracies are corrected before the deal is given final approval.
Emailing commission invoices to lawyers or other brokerages is made easy with Masterre. Our system allows for invoices to be sent directly through the platform, eliminating the need for external email services and reducing the overall time required for this task. This process also offers a record of all sent invoices, providing an easily accessible history for future reference. Our system significantly improves communication efficiency, leading to quicker invoice processing and payment times.
Masterre eliminates the need to rely on external document signing solutions like DocuSign. Our platform maintains a record of all data entries, changes and agents’ signatures ensuring transparency and accountability throughout the process. This feature is especially beneficial when two agents, for example, are working on the same deal.
Masterre offers an easy-to-use contact management system, enabling users to manage lists of clients, law firms, and co-operating brokerages. This feature allows for the addition, deletion, or update of contact details with minimal effort. Further, it creates an organized structure for storing and auto-populating contact information when creating deals, thus reducing time spent searching and manually entering these details.