Realty Plus Online Unveils New Version of Transaction Management System

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RISMEDIA-NRRE August 2001

Industry News

Realty Plus Online Unveils New Version of Transaction Management System

Realty Plus Online Inc., a technology leader in online real estate transactions, announced a new version of CloseYourDeal.com, the first national Web site to automate the real estate transaction over the Internet. CloseYourDeal.com 3.0 includes new features and enhancements that aim to improve the way transactions are handled, allowing more of the potential benefits of online transaction systems to come to fruition.

With version 3.0, Realty Plus Online maintains its nine- to 12-month market lead over its competitors, most of whom have yet to provide a live, national transaction management system. CloseYourDeal.com?s customers include MLS associations, brokers, and service providers. This customer base includes:

? The Multiple Listing Service of Northern Illinois (MLSNI), with more than 28,000 members.

? Leading, high-volume brokerage, RE/MAX of California & Hawaii?s approximately 7,000 associates who will receive a co-branded version of the transaction system this month.

? Leading national service providers such as First American Title Insurance Company and LandAmerica Financial Group.

To date, more than $100 million in real estate property has been transacted through this system.