Dayton Area Board of Realtors Adopts First American?s Transaction Manager

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More than 100,000 registered users now using technology nationally
RISMEDIA, Jan. 25?First American Residential Group, Inc., a member of The First American Corporation (NYSE: FAF) family of companies, has announced that it has entered into an agreement to provide Transaction Manager, its online real estate transaction management platform, to the Dayton Area Board of Realtors (DABR). ?

DABR members located in the Ohio counties of Warren, Montgomery, Greene and Preble will now have access to this state-of-the-art technology that streamlines all phases of a property transaction from listing to closing.

DABR is the fifth multiple listing service (MLS) provider or association in the nation to license Transaction Manager for regional deployment to all its members. Transaction Manager will integrate with DABR?s Web-based MLS platform, enabling the entire membership base to use a common platform to manage transaction checklists and documents, as well as order products and services. Additionally, members can auto-populate public record data into a Transaction Manager transaction through the current Realist? interface with DABR?s MLS system.

?Transaction Manager is a comprehensive and flexible solution that perfectly meets the needs of our members,? said Mark E. Dougherty, association executive for DABR. ?It is important that our members have the ability to use a single platform to allow for cooperative efforts on each transaction. First American?s ability to integrate Transaction Manager with our MLS system enables our members to quickly and efficiently manage real estate transactions, provide greater service to clients and reduce expenses and time to closing.?

Offered through MLS and broker distribution channels, Transaction Manager is easily configured to the business of each constituent. It is a mature, open application that provides access to a variety of settlement vendors integral to the real estate process and offers a common data repository, private branding and role-based security throughout. Transaction Manager will be adapted to meet the specific needs of DABR?s membership base.

?First American Residential Group?s goal is to provide integrated MLS solutions and related information directly to the desktops of real estate brokers and agents,? said Stephen C. Roney, president and chief executive officer of First American Residential Group. ?Transaction Manager enables true online collaboration between all parties in the transaction: real estate professionals, homebuyers, lenders, settlement service firms and others. This increased adoption of this product further illustrates the desire by all involved for better communication and faster, more efficient closings.?

Since 2005, the number of registered users of Transaction Manager has increased to more than 100,000, positioning First American as a national, leading provider of real estate transaction management technology. For more information about Transaction Manager and the other products and services First American offers to the real estate industry, please visit www.residential.firstam.com.

For more information, visit www.residential.firstam.com.

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