Elite Software
Elite Software Corp is a privately held, founder-led US software company that develops cloud-based escrow compliance accounting software for real estate brokers, title companies, property managers, and attorneys, with state-specific reporting coverage across the US, Canada, UK, and Australia.
- Company typePrivate
- Founded2004
- HeadquartersMiddleburg, United States
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What Elite Software does
Elite Software Corp is a privately held US software company founded in 2004 and headquartered in Middleburg Heights, Ohio, that develops a cloud-based escrow compliance accounting platform for real estate professionals. The platform serves independent and principal real estate brokers, title and settlement companies, property managers, real estate attorneys managing IOLTA accounts, and adjacent escrow holders such as mortgage companies and investment firms. Its core technology combines trust account reconciliation, double-entry bookkeeping, check writing on standard 8.5x11 paper with attached vouchers, automated management fee allocation, and Folio ID generation, with report formatting calibrated to state-specific audit requirements across all US states, Canada, the UK, and Australia. The product was originally designed in collaboration with the Illinois Department of Financial and Professional Regulation (IDFPR), transitioned to a SaaS delivery model with daily backups and continuous regulatory updates in 2012, and was completely rewritten in 2020 to add property management automation and other differentiated features.
The company monetizes via low-touch direct website sales: a $450 first-year software license covering 12 months of usage, support, storage, daily backups, and updates, followed by a $350 annual renewal, plus $100/hour ancillary data-entry support. Distribution is fully direct through the corporate website, offering both self-service purchase and free demo-led sales motions; no channel partners, resellers, or disclosed integrations are used. GTM is sales-led with content marketing (blog, testimonials, newsletter, social profiles) supporting top-of-funnel awareness. Customers include named franchise networks (Keller Williams, RE/MAX, Weichert) and independent SMB brokerages, with named tenure of 4+ years cited. The business is founder-led by Robert Erney (Owner/President), who is the primary commercial and technical contact and was the architect of the original IDFPR-aligned product.
Operationally, Elite Software is a small, capital-light, cash-flow-funded business with no disclosed institutional funding, no M&A history, no parent company, and a 11-50 employee footprint. Strategic actions have been limited to product evolution (2004 launch, 2012 online migration, 2020 rewrite) and gradual multi-jurisdiction compliance expansion. The primary forward-looking risks are key-person concentration in the founder, absence of disclosed AI/automation capabilities relative to a category beginning to attract AI-native entrants, and limited scale indicators in customer count, headcount, or revenue that would signal meaningful acceleration.
Elite Software firmographics
Firmographics- Name
- Elite Software
- Legal name
- Elite Software Corp
- Website
- https://elitesoftwarecorp.com
- Company type
- Private
- Founded year
- 2004
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Elite Software Corp is a privately held, founder-led US software company that develops cloud-based escrow compliance accounting software for real estate brokers, title companies, property managers, and attorneys, with state-specific reporting coverage across the US, Canada, UK, and Australia.
- Ownership category
- akta.pro rank
Where Elite Software is headquartered
LocationHeadquarters
- HQ city
- Middleburg
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Elite Software business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure
Revenue model
- Software Licenses (Annual): One-time initial payment of $450 for 12-month software usage including data storage, daily backups, continuous updates, and phone/email technical support. Annual renewal at $350 for continued access. All software updates included as long as account remains active.
- Additional Technical Support: $100 per hour for additional technical data entry support services for customers needing help getting updated in the software
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| One time/ perpetual license | Multi-year contract | First-time purchase: 12-month license with full support |
| Subscription | Annual | Annual renewal: 12-month license continuation |
| Other | Pay-as-you-go | Additional data entry support: hourly technical assistance |
Go-to-market motion1 record
Distribution channels2 records
Marketing channels5 records
Elite Software product offering
Product offeringCore offering
Elite Software Corp provides a cloud-based escrow compliance accounting software platform designed for real estate brokers, title companies, property managers, and attorneys. The platform handles trust account reconciliation, double-entry ledger and journal management, check writing, property rental accounting, and state-compliant reporting across all US states, Canada, the UK, and Australia. It is sold as an annual subscription license with continuous updates and direct technical support.
Product overview
Elite Software offers a single unified escrow compliance accounting platform with seven integrated modules: the core Escrow Compliance Accounting Software plus Bank Trust Account Management, Journal and Ledger Entry, Check Writing and Transaction Receipts, Property Rental Management, Monthly Reconciliation, and Reports. All modules work together within one platform, designed for real estate professionals including brokers, title companies, property managers, and attorneys. The platform operates as a SaaS model with online access, daily backups, and continuous updates. Pricing includes a one-time initial purchase of $450 (12-month agreement with tech support) and $350 annual renewal.
Differentiator
Problem solved
Functional benefit
Products and services
- Escrow Compliance Accounting Software Cloud-based escrow compliance accounting platform for real estate brokers, title companies, property managers, and attorneys in the US, Canada, UK, and Australia. Handles trust account reconciliation, double-entry ledger and journal entries, check writing, property rental accounting, and state-compliant reporting.
Quantifiable outcome
- Monthly reconciliation completed in minutes with automated three-way matching
- +2 more outcomes
Companies that use Elite Software
Customer profileNamed customers6 records
Segments5 records
Ideal customer profiles5 records
Elite Software technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature8 records
Elite Software partnerships and signals
Strategic signalScale indicators1 record
Recent moves7 records
Expansion highlights4 records
Elite Software competitors and assessment
Company assessmentBroad incumbents
- AppFolio: Enterprise property management platform with trust-account accounting capabilities for residential and commercial portfolios. Overlaps Elite on trust accounting for property managers but operates at a much larger scale.
- Rent Manager: Property management software with trust-account accounting, owner disbursements, and compliance reporting. Comparable to Elite's property-management module but serves a broader operational stack.
- Yardi: Large incumbent real estate and property management software suite covering trust accounting, leasing, and accounting across residential and commercial portfolios. A broad enterprise alternative to Elite's specialized escrow offering.
- Buildium: Cloud property management SaaS with built-in trust accounting for security deposits and owner funds. Comparable as a wider-scope alternative to Elite for property managers needing escrow features alongside leasing and maintenance.
- RealPage: Enterprise SaaS provider for the real estate industry with accounting, trust-account management, and compliance modules. Comparable regulatory accounting overlap with Elite, but at far greater scale and scope.
Emerging players
- Stessa: Real estate investor accounting and portfolio management platform with bank-feed-based bookkeeping. Adjacent competitor for property managers and investors evaluating cloud accounting alternatives to Elite.
- Propertyware: Single-family rental property management platform with owner accounting and trust-account functionality. Comparable to Elite's property rental module but focused on residential SFR portfolios.
Direct peers
- Brokermint: Real estate broker back-office and trust accounting platform serving brokerage compliance, commission, and transaction needs. Most directly comparable to Elite in target customer (real estate brokers) and trust-account functionality.
- TrustBooks: Trust accounting software purpose-built for law firms handling IOLTA and client trust funds. Direct overlap with Elite's real-estate-attorney use case and trust-account compliance focus.
- Lone Wolf Technologies: Real estate back-office and transaction management provider (including zipForm and Lone Wolf Deals) serving brokerages with compliance, accounting, and transaction workflows. Closely aligned with Elite's broker compliance focus.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Elite Software social profiles
Digital presenceElite Software financial estimates
Financial estimateRevenue estimate
Valuation estimate
Elite Software leadership team
Management profileNumber of profiles
Profiles1 record
Elite Software funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Elite Software M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Elite Software
What does Elite Software do?
Elite Software Corp provides a cloud-based escrow compliance accounting software platform designed for real estate brokers, title companies, property managers, and attorneys. The platform handles trust account reconciliation, double-entry ledger and journal management, check writing, property rental accounting, and state-compliant reporting across all US states, Canada, the UK, and Australia. It is sold as an annual subscription license with continuous updates and direct technical support.
Is Elite Software a public or private company?
Elite Software is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Elite Software founded?
Elite Software was founded in 2004. It employs 11 to 50 people.
Where is Elite Software based?
Elite Software is headquartered in Middleburg, United States, in the North America region.
How does Elite Software make money?
Two revenue lines are on record. Software Licenses (Annual) is the primary driver. The others are additional Technical Support.
Who are Elite Software's main competitors?
Broad incumbents on record are AppFolio, Rent Manager, Yardi, Buildium and RealPage. Emerging players are Stessa and Propertyware. Direct peers are Brokermint, TrustBooks and Lone Wolf Technologies.
Does Elite Software have an API?
No public API is recorded for Elite Software.