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CommissionTrac (Acquired by Yardi)'s Overview

Total employees
HeadquartersAddison
Founded2016

CommissionTrac, acquired by MRI Software in October 2021, is a specialized cloud-based commission management platform designed for commercial real estate (CRE) brokerages. It empowers firms to automate complex commission calculations, efficiently track deal pipelines, manage agent billing and payments, and derive actionable financial insights. As part of MRI Software, CommissionTrac enhances MRI's comprehensive suite of financial tools for the real estate industry, continuing to serve CRE professionals by simplifying financial workflows and improving operational transparency.

Where is CommissionTrac (Acquired by Yardi)'s Headquarters?

HQ Function

Historically the central hub for CommissionTrac's product development, software engineering, sales, customer support, and administrative operations. These functions are now integrated within MRI Software's structure, with many team members still based in the Dallas area.

Notable Features:

Located within a modern office park, offering contemporary workspace facilities. Specific architectural details of the suite are not publicly highlighted.

Work Culture:

As an agile software company, CommissionTrac fostered a culture of innovation, collaboration, and customer-centricity. This ethos is now blended with MRI Software's broader corporate culture, which emphasizes industry expertise and comprehensive solutions.

HQ Significance:

This location was pivotal as the birthplace and growth engine for CommissionTrac, establishing its product and market presence before its acquisition. It remains a key site for the talent and expertise behind the CommissionTrac solution within MRI Software.

Values Reflected in HQ: The choice of a functional, modern office space likely reflected CommissionTrac's values of efficiency, technological advancement, and providing practical solutions to the CRE industry.

Location:

As a cloud-based software solution, CommissionTrac (now part of MRI Software) serves commercial real estate brokerage firms globally. While its physical team was primarily concentrated in the Dallas-Fort Worth area, its platform is accessible to clients internationally. MRI Software has a significant global presence, further extending the reach and support for the CommissionTrac product.

Street Address:

15851 Dallas Pkwy, Suite 600

City:

Addison

State/Province:

TX

Country:

USA

CommissionTrac (Acquired by Yardi)'s Global Presence

Buying Intent Signals for CommissionTrac (Acquired by Yardi)

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Executive Team of CommissionTrac (Acquired by Yardi)

As of April 2025, CommissionTrac (Acquired by Yardi)' leadership includes:

Turner Levison - Co-Founder of CommissionTrac; Senior Director, Product Management at MRI Software
Jed Noon - Co-Founder of CommissionTrac
Chris Mapp - Former VP of Engineering at CommissionTrac; Director, Software Engineering at MRI Software
Daniel Farrar - Former CEO of CommissionTrac (until December 2021)

Investors of CommissionTrac (Acquired by Yardi)

CommissionTrac (Acquired by Yardi) has been backed by several prominent investors over the years, including:

ParkerGale Capital (Previous lead investor)
MRI Software (Acquirer)

Executive New Hires/Exits in the Last 12 Months

Hire0
Exits0

Following CommissionTrac's acquisition by MRI Software in October 2021, its leadership structure was integrated into MRI Software. No major, distinct executive hires or exits for a standalone 'CommissionTrac' entity have been publicly announced in the last 12 months. Key personnel from CommissionTrac have transitioned into roles within MRI Software.

Technology (Tech Stack) used by CommissionTrac (Acquired by Yardi)

Discover the tools CommissionTrac (Acquired by Yardi) uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

CommissionTrac (Acquired by Yardi) Email Formats and Examples

While CommissionTrac is now part of MRI Software and new communications may use mrisoftware.com addresses, historically, CommissionTrac likely used common email patterns for its domain commissiontrac.com. For current MRI employees working on CommissionTrac, MRI Software's email format would apply.

A common format for companies like CommissionTrac was [first_initial][last]@commissiontrac.com or [first].[last]@commissiontrac.com.

Format

tlevison@commissiontrac.com (example based on historical common pattern)

Example

75%

Success rate

News and media

MRI SoftwareOctober 5, 2021

MRI Software Acquires CommissionTrac to Enhance Financial Offerings for Commercial Real Estate Brokers

MRI Software announced its acquisition of CommissionTrac, a leading provider of cloud-based commission management software for commercial real estate brokerages. The acquisition aimed to expand MRI's financial solutions and provide comprehensive tools for CRE professionals to manage commissions and financial workflows....more

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