Lean, Mean Brokerage Machine: Technology Empowers Firm to Operate with Zero Debt

Cory Kammerdiener is a military veteran who applied the technical skills he honed as an Electronic Technician in the U.S. Navy to running a real estate brokerage with minimal overhead and no debt.

He accomplishes this by operating his company, NewHomePrograms.com, virtually. The firm has 55 agents and eight brokers in six major cities across Texas and Florida. Rather than leasing physical offices and hiring staff in each of those places, Kammerdiener leans on technology to close transactions, engage his agents, and bring in new business.

"If you look at any other real estate company that has offices in as many cities as we do, they probably have a broker, an office manager and someone answering the phones," says Kammerdiener. "But I'm pretty much a one-man operation. I'm the accountant and lead coordinator. I do payroll and transaction management. I'm literally filling in for probably 10 different people that a typical real estate company has to hire. I can do it all because of the software I use."

Kammerdiener uses four programs, all integrated with each other, from Lone Wolf Real Estate Technologies to achieve this:

• brokerWOLF, for accounting needs like managing commission structures, tracking expenses and listing inventory, and real-time reporting.
• WOLFconnect, a virtual front office management system that helps agents working remotely stay connected to the brokerage.
• loadingDOCS, a document and transaction management platform.
• globalWOLF, a website solution that automatically syncs online leads to WOLFconnect's built-in CRM.

"We first built the company with the idea that brokerWOLF and WOLFconnect were going to be the foundation," Kammerdiener says. "We wanted to be able to grow not only in our city, but in other cities, as well. Lone Wolf allows me to expand our operations without having to hire a bunch of employees."