Title: PowerPoint Presentation Elite Software Corp
1 ELITE Elite Software
Corp.
Providing Software Solutions for Real Estate
Brokers
2Elite Software
Elite Software Corp.
Presents Real Estate Escrow Management
Software
3Elite Software
Real Estate Brokers are required by License Law
to keep and maintain certain records regarding
escrow funds. Escrow funds are typically
defined as all monies, promissory notes or any
other type or manner of legal tender or financial
consideration deposited with any person for the
benefit of the parties to the transaction. As
Every Real Estate Broker is aware, each
Sponsoring Broker is required to keep most or all
of the following 1. An Escrow Journal for each
escrow account 2. A Ledger for each
transaction 3. Perform a monthly
reconciliation 4. Keep an Escrow Account
Log 5. Maintain Ledger Cards for each
transaction 6. Maintain Broker Ledger Cards for
each transaction.
4Elite Software
The Elite real estate escrow management software
provides an escrow management software solution
to this tedious and time consuming task. The
Elite escrow software program includes
1. Escrow Journal 2. Property Ledger Cards
3. Broker Ledger Cards 4. Escrow Account
Log 5. Monthly Reconciliation Sheet including
Deposit and Withdrawal Logs 6. Real Estate
Agent Logs 7. Agent Maintenance Records and
Alarms for due dates 8. Automatic
Reconciliation Calculation 9. Check
Writing 10. Dozens of Reports
5The Initial Screen Display The Escrow Journal - A
chronological accounting of all deposits and
withdrawals to the escrow account.
6Company Information Begin with entering your
brokerage information. Simply click the Options
button at the top right of the initial Ledger
Screen.
7New Bank Account Entry To enter an escrow bank
account, simply click the Account button at the
top of the initial Ledger Screen.
8Real Estate Agent Entry To enter your real
estate agents, simply click the Realtor button at
the top of the initial Ledger Screen.
9New Property Entry To enter a new listed
property, simply click the property button at the
top of the initial Ledger Screen.
10Ledger Card Entry To make a ledger card entry,
click the ledger button at the top. By typing
the first part of the property address, most data
is automatically filled in for property ledger
card entries.
11Property Journal This Journal lists Records of
all properties. Clicking on any given address
immediately brings up the property ledger card
for that address.
12Property Ledger Cards - Simply click on any
property address in the property ledger and the
property ledger card for that address appears.
13Realtor Records This Journal lists Records of
all real estate agents sponsored by the broker.
Clicking on any given agent immediately brings up
the realtor information card for that agent.
14Realtor Records Simply click on any real estate
agent in the realtor ledger and the realtor
information card card for that address appears.
15Escrow Bank Account Journal This Journal
contains records of all escrow bank accounts used
by the brokerage. Clicking on any given account
immediately brings up a record card for that
particular bank.
16Escrow Bank Account Information Card Click on
any bank account in the accounts ledger and the
escrow bank account card card for that bank
account appears.
17Broker Ledger Funds Journal - This Journal is a
chronological accounting of all broker funds
deposits and withdrawals to the escrow account.
18Broker Ledger Cards Simply click on any broker
transaction in the broker ledger and the broker
ledger card for that transaction appears.
19The Reconciliation Work Sheet
The Elite Escrow Management Software includes a
reconciliation worksheet that handles the tedious
process of the monthly reconciliation in minutes.
The broker simply enters any non-escrow amounts
into the Broker Ledger Card (such as bank account
fees) enters the bank statement balance, and
checks off any outstanding deposits or
withdrawals and the worksheet. Thats it! The
program does the rest. The account is reconciled
in a matter of minutes instead of hours, (and in
the case of written errors, days).
20The Reconciliation Work Sheet
21Reports Simply click on the Reports button at
the top of the initial Ledger Screen and the
report menu appears. Then choose the report you
want.
22The Reconciliation Report
23The Reconciliation Report contd.
24The Escrow Journal Report
25The Broker Ledger Card Report
26The Property Ledger Card Report
27Check Writing from Elite After making your
ledger card entry, click Print Check to print
your check from REMS.
28Elite Escrow Management Reports
The Elite Software provides a multitude of
reports that are just a click away. These
reports include
The Escrow Journal Individual Realtor Report
All Sponsored Agents Report Current Sponsored
Agents Report Past Sponsored Agents
Report Individual Ledger Card Report All Ledger
Cards Report Closed Ledger Cards Report Open
Ledger Cards, Report Individual Broker Ledger
Card Report
Individual Broker Ledger Card Report All Broker
Ledger Cards Report Broker Ledger Cards by Date
Report Close Broker Ledger Cards Report Open
Broker Ledger Cards Report Agent CE Report Agent
License Report Agent EO report Agent Auto
Insurance Report Previous Reconciliation Reports
29 ELITE Elite Software Corp.
Providing Software Solutions for Real Estate
Brokers Elite Software Corp. Sales and
Administration Customer Support
887 Forest Lane 123 South Tenth
Street, Suite 202 Carol Stream, IL
60188 Mount Vernon, IL 62864
Phone (630)483-1001
Phone(618) 242-6284 Fax
(630)483-1036 Fax (618)242-6378