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RISMEDIA, June 25, 2007RELAY, an Internet tool for real estate professionals to manage transactions and collaborate with clients and affiliates through a custom Web site, announced the release of RELAY Version 5.0. The newest enhancements to RELAY add brokerage tools to the existing document, activity, and file management features which real estate professionals across the country are using to win today’s buyers and sellers.

With RELAY 5.0, brokers, agents, and teams of every size can streamline their operations with the latest features designed to meet the needs for managing any office, said RE FormsNet Chairman Robert Bailey. The latest version of RELAY software allows users to effortlessly create custom reports for their offices, clients, and sales teams. By using RELAY 5.0, real estate professionals are able to work directly with the tools they already use in transactions and can approve and update files quickly and securely from any location.

RELAY features one-click integration with ZipForm Online and WINForms Online, the electronic forms software used by nearly 400,000 Realtors nationwide. With one-click integration, users can easily sync transaction data and completed electronic forms with a RELAY transaction Web site.

New features of RELAY Version 5.0 include:

Document Approval: Controlled approval tools allow brokers, managers, and leaders to quickly review and approve files securely from any Internet connection. Real estate professionals can identify at a glance which documents are ready for review, approved, or in need of changes.

Custom Reports: Downloadable reports track key transaction information, buyer and seller satisfaction, and other important statistics. Reports can be easily customized to fit business needs, downloaded to Excel, or exported to other programs.

Automatic Delegation: Agents can assign assistants and transaction coordinators to be automatically included in RELAY interactive transaction files, enabling support staff to work efficiently at the start of every transaction.

MLS Import: Users can create online files quickly with information imported directly from participating multiple listing services (MLS). Property pictures, addresses, and other key information can be added quickly and easily with a few clicks.

Office Integration: Real estate professionals can connect to the most popular software for office and financial management, and can seamlessly incorporate the risk management and sales benefits of online real estate into existing office operations.

Enhanced Workflow: Designed to help offices run more efficiently and further reduce risk, RELAY Version 5.0 enhancements include additional tracking features, streamlined CD-ROM generation, and address book integration.?
Hailed by industry leaders as a mission critical enhancement to the services provided by REALTORS to home buyers and sellers, according to the company, RELAY has maintained a rapid schedule of advancements in quality features development since its launch in 2005.

The software already incorporates direct service provider access, allowing users to invite escrow, title, attorneys, and other service providers to participate directly in RELAY online real estate transactions. Users who are NAR members also can distinguish themselves with a RELAY badge in the Find a REALTOR section of www.Realtor.com and www.Realtor.org, attracting new clients and highlighting their services as a RELAY agent.

RELAY has been declared compliant with security standards set by Cybertrust Inc., a global information security specialist, and was awarded the Realtor Secure designation by the NATIONAL ASSOCIATION OF REALTORS Center for REALTOR Technology (CRT), certifying that best practices are in place to protect client data and systems from risk.

For more information about RELAY Version 5.0, go to www.rebt.com.

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