Media contact:
Mark Giberson (213) 739-8304
E-mail: markg@car.org

For release:
Tuesday, Sept. 20, 2005

SAN DIEGO (Sept. 20) – RELAY®, a Web-based transaction management system for consumers and real estate professionals to use when buying or selling a home, today announced the availability of its user interface in Spanish, Mandarin Chinese and Vietnamese languages. The English-language version of Real Estate Business Technologies’ RELAY® was launched in July.

“By providing support in four languages, RELAY® gives REALTORS® the ability to communicate in the manner that is best suited to an individual client’s needs,” said Real Estate Business Technologies (REBT) Chairman Bob Kulick.

“RELAY® users, whether a homebuyer or seller, or the REALTOR® facilitating the transaction, select the language they prefer when logging into the RELAY® transaction management system,” he said. “Through this most recent product enhancement, RELAY® permits users to communicate in multiple languages simultaneously during all phases of the real estate transaction via the RELAY® interface.”

Hailed by industry leaders as a mission critical enhancement to the services provided by REALTORS® to homebuyers and sellers, RELAY® allows the tracking and management of all information related to a real estate transaction from listing through closing, including transaction contracts and documents and listing and sale information, as well as 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. Consumers receive a CD-ROM copy of their documents when the transaction is complete. Brokers and agents can elect to retain a thorough electronic history of each transaction.

RELAY® also features one-click integration with ZipForm® and WINForms® Online, the electronic forms software used by nearly 300,000 REALTORS® nationwide. The one-click integration feature allows users to move both the transaction data and the completed form images – purchase agreements and disclosure documents for example -- to the transaction management platform and into the document 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 online transaction at anytime, anywhere.

For complete RELAY® product and sales information, go to www.rebt.com.

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 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.

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 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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