Tongo Launches Financial Benefits Platform for Real Estate Agents

Author

Slice of Real Estate Team
September 19, 2024

Key Highlights:

  • Tongo launches Financial Benefits Platform for real estate agents, empowering them to achieve financial wellness.

  • Automated budgeting and distribution of commissions to personal, business, savings, and retirement accounts.

  • Access to future commissions up to 60 days in advance for real estate professionals.

  • Features include tax calculators, retirement planning partners, and high-yield savings accounts.

Notable Quotes:

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“Millions of professionals in the real estate industry work on commission and have irregular income streams. Tongo built the Financial Benefits Platform to provide real estate professionals the essential tools needed to achieve financial success.”

Brandon Wright, CEO and co-founder at Tongo
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“Tongo has helped streamline EXIT’s brokerage operations by simplifying the distributions of commission payments to our agents.”

Bernadette Cole, Regional Owner at EXIT Realty Virginia

Our Take:

Tongo's Financial Benefits Platform represents a significant innovation in the financial sector, addressing the unique needs of real estate professionals who rely on commission-based income. By offering automated financial planning and early access to commissions, Tongo empowers agents to manage their finances with the same efficiency and foresight as salaried employees. The platform also serves as a valuable recruitment and retention tool for brokerages, adding another layer of support to agents.