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RELAY® Transaction Management Software Added as Free Member Benefit by Merced County Association of REALTORS®

Published Tuesday February 28, 2006 in Broker Agent News

(Los Angeles, CA - February 28, 2006) - The Merced County Association of REALTORS® today announced it will make RELAY® online transaction management available to its members as a free benefit of membership in the association.

RELAY®, an easy-to-use Internet tool for real estate professionals, recently released RELAY® Version 2.0. The latest version of the software includes integrated activity management, allowing agents and brokers to t rack and manage all activities related to a transaction; export activities directly into Outlook Calendar; and receive automatic, color-coded notifications when tasks need attention.

"We commend the Merced County Association of REALTORS® for the leadership it has shown in making RELAY® available to its members," said C.A.R. President Vince Malta. "Merced County REALTORS® now will have access to a cutting-edge transaction tool that will allow them to better serve their clients."

"RELAY® will enable our REALTOR® members to easily manage documents, communications and contacts through a custom-branded Web site that they can access 24/7," said Merced County Association of REALTORS® President Raymond P. Rodriguez. "With RELAY®, REALTORS® can create activity checklists to improve efficiency, mitigate risk of errors and omissions, and increase overall customer satisfaction.

"We're pleased to offer the industry's premier transaction management software to Merced County REALTORS® as a benefit of their membership in our association," he said.

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.

About REBT - 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.

About REBS - 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.

About REFN - 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®.

About MCAR - The Merced County Association of REALTORS® is one of the local REALTOR® associations located in the Central California , with more than 500 members dedicated to the advancement of professionalism in real estate. The Merced County Association of REALTORS® is headquartered in Merced, Calif.

About CAR - 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 185,000 members dedicated to the advancement of professionalism in real estate. C.A.R. is headquartered in Los Angeles.

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