Media contact:
Mark Giberson (213) 739-8304
E-mail: markg@car.org
For release:
Monday, Feb. 13, 2006
RELAY® Version 2.0 transaction management system set for release
LOS ANGELES (Feb. 13) – RELAY®, a Web-based transaction management system for real estate professionals to use and optionally share with clients, service providers and affiliates, today announced the release of RELAY® Version 2.0.
RELAY 2.0 includes integrated activity management, allowing agents and brokers to:
- Track and manage all activities related to a transaction;
- Export these activities directly into Outlook Calendar;
- Receive automatic, color-coded notifications when tasks need attention;
- Create custom checklist templates, organize transaction progress and repeat successful closings.
RELAY® already enables subscribers to easily manage documents, communications and contacts through a custom-branded Web site that clients can access 24/7. With RELAY® Version 2.0, REALTORS® can create activity checklists to improve efficiency, mitigate risk of errors and omissions, and increase overall customer satisfaction.
Hailed by industry leaders as a mission critical enhancement to the services provided by REALTORS® to homebuyers and sellers, RELAY® allows thorough electronic tracking and management of all information related to a real estate transaction, including transaction contracts and documents, listing and sale information, and all communication generated throughout the transaction. The RELAY® system also allows users to enable assistants, other agents or transaction facilitators to participate in the process. When a transaction is complete, real estate professionals can provide their clients with a CD-ROM that captures all of the transaction information using the same user interface.
RELAY® also features one-click integration with ZipForm® and WINForms® Online, the electronic forms software used by nearly 400,000 REALTORS® nationwide. The one-click integration feature allows users to move both the transaction data and the completed form – purchase agreements and disclosure documents for example – to the RELAY® transaction management system. As a Web-based transaction management system, there is no hardware to purchase or software to install in order to use RELAY®. All that is required is Internet access; agents or their clients can view their secure online transaction anytime, anywhere.
RELAY® was recently declared compliant with current security standards following an application security review performed by Cybertrust Inc., a global information security services specialist. Based on compliance in three categories—operating system and platform, connectivity and networking, and application development—RELAY® is “at a low risk of security incident,” according to Cybertrust’s findings. RELAY® also was recently awarded the REALTOR® Secure designation by the National Association of REALTORS®’ Center for REALTOR® Technology (CRT). The designation covers the entire REBT organization, including the RELAY® application, certifying that best practices are in place to protect real estate information and systems from risk.
For more information about RELAY® security, visit http://www.rebt.com/security.asp. For complete RELAY® product and sales information, go to www.rebt.com.
Real Estate Business Technologies LLC (REBT), a subsidiary of Real Estate Business Services Inc., provides technological solutions to REALTORS® that enhance the value of services REALTORS® deliver to their clients while improving REALTORS®' productivity and efficiency.
Developed by RE FormsNet® (REFN), ZipForm® and WINForms® are the official real estate forms software of the National Association of REALTORS®. Both REBT and REFN are subsidiaries of Real Estate Business Services Inc. (REBS), which has an established track record of fulfilling REALTOR® strategic imperatives while delivering positive economic returns.
Real Estate Business Services Inc. (REBS) is a subsidiary of the California Association of REALTORS® (C.A.R.) and the leading provider of real estate products and services to practitioners in California.
RE FormsNet (REFN) is a joint venture between Real Estate Business Services Inc. (REBS) and the National Association of REALTORS® (NAR) and is the developer of WINForms® and ZipForm®, the official forms software of the National Association of REALTORS®.
Leading the Way...® in California real estate for more than 100 years, the California Association of REALTORS® ( www.car.org) is one of the largest state trade organizations in the United States, with more than 180,000 members dedicated to the advancement of professionalism in real estate. C.A.R. is headquartered in Los Angeles.
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