Realtors test new real estate transaction system

Official launch planned in first half of 2005

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Building upon the electronic real estate forms technology now used by about 180,000 Realtors across the country, a new transaction management system is in its early launch phase.

The pioneer users of this system, developed with the support of the National Association of Realtors and the California Association of Realtors, include a national group of individual Realtors, brokerages, Realtor associations and multiple listing services.