Case Study: John L. Scott achieves peace of mind and saves time with Formations

John L Scott - Customer Case Study

Johanna and Steve Craig, an experienced luxury real estate team at John L. Scott, needed a better way to handle the time-consuming financial side of their business. As busy brokers juggling marketing, pricing, negotiations, and contract work, they struggled with budgeting, expense tracking, and staying on top of bookkeeping and taxes. Formations helped them get set up with an LLC and later an S-Corp, along with bookkeeping, tax filing, and payroll support.

With Formations managing monthly reconciliation, bookkeeping, payroll, and tax compliance, Johanna and Steve gained peace of mind and saved countless hours previously spent on administrative financial tasks. Formations also provided ongoing access to experts and full customer support, helping them plan finances more effectively as an S-Corp and reinvest savings back into the business. Overall, Formations became an extension of their team and removed the worry of bookkeeping and taxes.

John L. Scott

Steven Craig

Residential Real Estate Sales Specialist