CLINTON TOWNSHIP, Mich., Nov. 13, 2007 (PRIME NEWSWIRE) -- RE FormsNet LLC (REFN), the creator of RELAY(r), the online transaction management tool for real estate professionals, and Metropolitan Regional Information Systems, Inc. (MRIS) today announced that MRIS is launching the RELAY(r) transaction management system to its customers within 30 days. MRIS is the largest Multiple Listing Service (MLS) in the nation and the premium online real estate information provider for nearly 60,000 subscribers, most of whom are members of 25 local REALTORS(r) associations in Maryland, Washington DC, Northern Virginia and parts of West Virginia and Pennsylvania.
"RELAY(r) will save valuable time for our real estate professionals; less time required for paperwork means more quality time in the field with customers," stated David Charron, President and CEO of MRIS. "After carefully reviewing the various transaction management systems available, MRIS chose RELAY(r) because of its user-friendly, efficient interface and emphasis on transaction security. RELAY(r) also seamlessly integrates with the popular ZipForm(r) program."
By offering RELAY(r), MRIS is reaffirming its commitment to helping its members utilize the best tools for streamlining and growing their businesses. RELAY(r) allows the REALTORS(r) from the nation's largest MLS to track and manage all transaction documents from listing through closing. This includes transaction contracts, documents, listing and sales information, as well as all communications generated throughout the transaction. Buyers and sellers of real estate are able to monitor the progress of their transaction online by logging into a secure transaction website 24/7. The RELAY(r) system also allows users to enable assistants, other agents or transaction facilitators to participate in the process.
"MRIS's mission is to continually provide its members with the tools necessary to excel and RELAY(r) helps them accomplish just that," said RE FormsNet Chairman Robert Bailey. "With its focus on the real estate professional's needs as well as its knowledge of the way agents do business, RE FormsNet has provided a winning tool to their membership."
MLSs and associations small and large are discovering the benefits of enhancing their member benefits by providing RELAY(r) to their members through association packages tailored to fit their needs. A growing number of associations have recently added RELAY(r) to their member benefits in order to offer more services to their members.
About MRIS
As the nation's largest multiple listing service, MRIS serves nearly 60,000 licensed real estate professionals in Washington, DC, Maryland, Northern Virginia and parts of West Virginia and Pennsylvania. Customers currently have access to over 110,000 active listings, an archive of nearly 1.7 million comparable listings and in excess of 4.7 million public records. MRIS has facilitated the generation of over $40 billion in sales volume and more than 96,000 transactions thus far in 2007.
About RE FormsNet
The RE FormsNet family of tech-savvy products has become the recognized industry standard for electronic real estate forms and transaction management system and are currently used by more real estate professionals than any other real estate software program. RE FormsNet (REFN), the creator of ZipForm(r), is a REALTOR Benefits(r) partner and the Exclusive and Official Forms Software of the NATIONAL ASSOCIATION OF REALTORS(r). REFN also offers RELAY(r), the Web-based transaction management system/Internet tool. RE FormsNet provides transaction solutions to REALTORS(r) that enhance the value of services REALTORS(r) deliver to their clients while improving REALTORS(r)' productivity and efficiency. ZipForm(r) is available to more than 1,055,000 REALTOR(r) members in the U.S. REFN is a subsidiary of Real Estate Business Services, Inc. (REBS) and is a joint venture between REBS and the NATIONAL ASSOCIATION OF REALTORS(r) (NAR).
The NATIONAL ASSOCIATION OF REALTORS(r), "The Voice for Real Estate," is America's largest trade association, representing more than 1.3 million members involved in all aspects of the residential and commercial real estate industries. Real Estate Business Services Inc. (REBS) is a subsidiary of the CALIFORNIA ASSOCIATION OF REALTORS(r) (C.A.R.) and the leading provider of real estate products and services to practitioners in California.
For more information on RELAY(r) solutions for today's real estate industry, contact Wendy Waldrep at 888-318-2660 X223 or wwaldrep@zipform.com.