RELAY, a Web-based transaction management system for consumers and real estate professionals to use when buying or selling a home, has partnered with VREO, a privately held company that provides Web sites and Web-based software to real estate brokers, agents and franchise organizations.

The partnership will permit VREO to sell its RELAY-compatible REDtablet computer and Dashboard software as a package, allowing users to sign documents directly on the REDTablet as part of the RELAY transaction, without having to generate paper.

“When coupled with RELAY’s CD generation feature, REDtablet users will have access to a complete transaction system that works both offline and online, whether connected to the Internet or not,” said Real Estate Business Technologies (REBT) Chairman Bob Kulick. REBT LLC, the developer of the RELAY transaction management system, provides technological systems to Realtors.

RELAY allows the tracking and management of all information related to a real estate transaction from listing through closing, including transaction contracts and documents and listing and sale information, as well as all communication generated throughout the transaction. The RELAY system also allows users to enable assistants, other agents or transaction facilitators to participate in the process.

Consumers receive a CD-ROM when the transaction is complete that captures all of the transaction information using the same user interface. Brokers and agents can elect to retain a thorough electronic history of each transaction, which can be used to satisfy record retention requirements.

RELAY also features one-click integration with ZipForm and WINForms Online, the electronic forms software used by nearly 300,000 Realtors nationwide. The one-click integration feature allows users to move both the transaction data and the completed form images – purchase agreements and disclosure documents for example – to the transaction management platform and into the document management system.

As a Web-based transaction management system, there is no hardware to purchase or software to install in order to use RELAY. All that is required is Internet access; agents or their clients can view their online transaction at anytime, anywhere.

***

Send tips or a Letter to the Editor to jessica@inman.com or call (510) 658-9252, ext. 133.

Show Comments Hide Comments

Comments

Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
By submitting your email address, you agree to receive marketing emails from Inman.
Success!
Thank you for subscribing to Morning Headlines.
Back to top
TODAY ONLY: Lock in a full year of monthly digital events to keep you at the top of your game.Register now×
Cyber Week Sale: Get 1 year of Inman Select for $75.SUBSCRIBE×
Log in
If you created your account with Google or Facebook
Don't have an account?
Forgot your password?
No Problem

Simply enter the email address you used to create your account and click "Reset Password". You will receive additional instructions via email.

Forgot your username? If so please contact customer support at (510) 658-9252

Password Reset Confirmation

Password Reset Instructions have been sent to

Subscribe to The Weekender
Get the week's leading headlines delivered straight to your inbox.
Top headlines from around the real estate industry. Breaking news as it happens.
15 stories covering tech, special reports, video and opinion.
Unique features from hacker profiles to portal watch and video interviews.
Unique features from hacker profiles to portal watch and video interviews.
It looks like you’re already a Select Member!
To subscribe to exclusive newsletters, visit your email preferences in the account settings.
Up-to-the-minute news and interviews in your inbox, ticket discounts for Inman events and more
1-Step CheckoutPay with a credit card
By continuing, you agree to Inman’s Terms of Use and Privacy Policy.

You will be charged . Your subscription will automatically renew for on . For more details on our payment terms and how to cancel, click here.

Interested in a group subscription?
Finish setting up your subscription