Industry News

Realtor trade group moves towards paperless platform

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Real estate trade groups are jumping into the transaction management business as they jockey to keep control of the point of sale and offer a simpler way for their members and the public to close a home transaction. The paperless home sale is the goal. The latest announcement comes from First American Residential Group Inc, which has signed an exclusive agreement to provide Transaction Manager, an online transaction management platform, to Real Estate Business Resources (REBR), a wholly owned subsidiary of the Kansas Association of Realtors. The first of its kind with a trade group, the agreement enables the entire KAR membership to use a common platform to manage transaction checklists and documents, as well as order products and services. First American's Transaction Manager provides an integrated set of tools for Realtor through all phases of the real estate transaction, from listing to closing. "First American offers a solution that is open and neutral, and serves the Realt...