Hiring Guide

Real Estate Bookkeeping Services: What to Track and What It Costs

Real Estate Bookkeeping Services: What to Track and What It Costs illustration
Quick answer

Real Estate Bookkeeping Services record income and costs for a real estate business, match them to your bank and send a clear monthly report. A trained person does the work in your own software, and a team lead reviews it. You pay by the hour.

Real Estate Bookkeeping Services keep your money records in order, so you can see how the real estate business really performs. A trained person records the items, matches them to your bank and sends a clear report every month.

How real estate bookkeeping services work
1You share access to your tools
2Your assistant records and codes each item
3A team lead reviews the month
4You get a clear report

Why real estate books get messy

Real estate income arrives in lumps, often weeks after the work is done. Commissions are split, deducted and paid late. Marketing, travel and vehicle costs build up in between. Without a steady routine, it is hard to see what each deal really earned.

What real estate bookkeeping services should track

  • Commissions and splits. Each closing recorded with the gross amount, the split and the net you receive.
  • Closing statements. Filed and matched to the deposit, so every deal is traceable.
  • Marketing and listing costs. Photos, ads, signs and software tied to the listing they supported.
  • Vehicle and travel. Mileage and trips logged as they happen.
  • Agent payments. Payments to agents or contractors recorded, with tax forms collected on time.

You may also hear this work called real estate accounting, commission tracking or real estate bookkeeper. The goal is the same: records you can trust.

Real Estate Bookkeeping Services: what to hand off first

  1. Recording each closing and its commission split.
  2. Sorting marketing and travel costs by listing.
  3. Month-end bank reconciliation.
  4. A report of income and costs per deal.

Keep tax advice and filing with your accountant. Share access with limited permissions, and remove it when the work ends.

Client trust and escrow money stays with you or your broker and must be handled as local law requires. Your assistant does not touch it.

How to check the work

  1. Trace three closings from the statement to the deposit.
  2. Check that marketing costs sit against the right listing.
  3. Ask for a short list of open items each month.

Give any notes in writing, and your assistant will correct the entries.

Where AI helps

Your assistant is a real person. AI helps sort items and flag odd amounts. A person checks each entry, and a team lead reviews the result.

What it costs

Pay-as-you-go is $12 an hour, and hours never expire. A dedicated assistant starts from $5.62 an hour. See the bookkeeping service, the pricing page, or read about bookkeeping services for small business.

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Frequently asked questions

What do real estate bookkeeping services include?

Recording income and costs, matching them to your bank each month and sending a simple report. For a real estate business that means commissions and splits, closing statements and more.

Can a virtual assistant do real estate bookkeeping?

Yes. A trained assistant can record items, code them and prepare the monthly report in your own software. Tax advice and filing stay with your accountant.

How much do real estate bookkeeping services cost?

Pay-as-you-go is $12 an hour. A dedicated assistant starts from $5.62 an hour. Cost depends on how many items you have each month.

Your numbers, not ours

What is doing this yourself costing you?

Doing it yourself: $2,165 a month of your time.

The same hours at our $12/hr pay-as-you-go rate: $520. Dedicated plans start at $5.62/hr.

Simple maths from the numbers you enter. It assumes a VA can take on those hours.

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About this guide

Written by the MyRemoteVA team. Search-trend figures come from Google Trends. Prices shown are our current plans. Last updated October 5, 2026. Questions or corrections? Contact us.

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