Property & Real Estate Law
Accounting built for closing-driven practices. We manage escrow and IOLTA compliance, transaction cost tracking, and the financial reporting that high-volume real estate law demands.
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Get In TouchReal Estate Law Financial Challenges
Real estate law is high-volume and transaction-driven — which creates accounting challenges that general bookkeepers consistently miss. Escrow accounts, closing disbursements, seasonal transaction swings, and IOLTA compliance all demand specialized systems.
Escrow & Closing Fund Management
Every earnest money deposit and closing fund held in trust must be tracked per client, disbursed on schedule, and reconciled against the closing statement. One mismatch creates compliance exposure.
Seasonal Revenue Volatility
Real estate closings cluster around spring and fall markets. We smooth out cash flow reporting across slow and busy seasons so you can plan operations, staffing, and overhead with confidence year-round.
Transaction Cost Tracking
Title searches, survey fees, recording costs, and other disbursements must be tracked per transaction, billed accurately, and recovered at closing. Without per-matter records, recovery is guesswork.
High Transaction Volume Reconciliation
High-volume real estate practices can process dozens of closings a month. We build systems that keep reconciliations current so the books never fall behind the pace of your closings.
Real Estate Law Financial Solutions
Financial systems built for the pace and compliance demands of closing-driven practices.
IOLTA & Escrow Compliance
Client funds held for closings carry the same IOLTA compliance requirements as any other law firm trust account. We manage per-client escrow sub-ledgers, reconcile monthly against bank statements, and ensure every disbursement is documented.
Closing Fund Sub-Ledgers
Every client's escrow balance tracked separately from deposit to final disbursement — no commingling, no gaps.
Monthly Three-Way Reconciliation
Bank statement, trust ledger, and individual client balances reconciled every month — bar audit ready.
Transaction Cost Tracking & Recovery
We track every cost advanced per transaction — title searches, surveys, recording fees — so recovery at closing is accurate and complete.
Per-Transaction Cost Ledger
Costs recorded by matter so you know exactly what to bill and recover at each closing table.
Closing Statement Reconciliation
We match costs recorded internally against the final HUD-1 or ALTA settlement statement — no surprises.
Revenue Reporting for Closing-Based Practices
We build financial reports that reflect how real estate law firms actually earn — by transaction type, property type, and volume. Whether you handle residential, commercial, or mixed, your P&L should tell you what's actually driving the practice.
- Revenue by Transaction Type (residential, commercial, refinance)
- Fee Recovery Rate by Matter
- Volume Trends by Month & Quarter
- Partner Distribution Management
How Closing Funds Flow Through IOLTA
Real estate closings involve large sums moving through your trust account on a compressed timeline. Here's exactly how a standard residential closing flows — and where compliance requires precision.
Earnest Money Deposited into IOLTA
The buyer's earnest money deposit is held in your IOLTA trust account — not your operating account — until the transaction closes or falls through.
Closing Funds Wired into IOLTA
Buyer's closing funds — down payment, loan proceeds, prepaid costs — arrive in trust on closing day. Total funds must be confirmed before disbursement begins.
Closing Costs Disbursed from Trust
Recording fees, title insurance premiums, prorated taxes, and other closing costs are disbursed from trust per the settlement statement — each payee documented.
Attorney Fees Transferred to Operating
Your firm's legal fee for the transaction is transferred from trust to your operating account and recorded as earned income.
Net Proceeds Disbursed to Seller
After all disbursements are made, the seller's net proceeds are wired or issued by check. The trust balance for this matter should be exactly $0.
Real Estate Law Performance Metrics
The numbers that tell you whether your closing-driven practice is running efficiently and profitably.
Every closing fund balanced to the dollar — bank, ledger, and client sub-ledger.
Fast reconciliation means faster partner distributions and cleaner month-end close.
Per-transaction cost tracking ensures no closing cost advance goes unrecovered.
Systemized transaction recording means month-end close doesn't consume your week.
Key Metrics We Track
Tools We Use
We pair every real estate law engagement with best-in-class software so your financial data is always accurate, reconciled, and ready for bar review.
Real-time financial dashboards and live P&L — so you know exactly where the firm stands between closing seasons without waiting for month-end reports.
Configured for real estate law trust accounting — IOLTA compliance, per-transaction cost tracking, and closing fund reconciliation built into the workflow.
Corporate cards with per-transaction expense tagging — title search fees, recording costs, and closing advances automatically categorized by matter for accurate recovery.
Questions from Real Estate Law Firms
What real estate attorneys ask us most before getting started.