RE FormsNet, an electronic forms software provider, has acquired Real Estate Business Technologies LLC in a move said to be the next step in transitioning the industry from paper-based to online home-sale transactions.

Real Estate Business Technologies, or REBT, owns the RELAY transaction management software, a key piece to online transactions that require less paper.

“The acquisition of REBT by RE FormsNet will enable us to take advantage of the economies of scale inherent in operating the two companies as one and will further accelerate meaningful synergies as we move forward,” REFN Chairman Robert Bailey said in a statement. “With the company’s large customer base in the electronic forms arena, REFN is now well positioned to translate its standing as an industry leader to the transaction management sphere with RELAY.”

With the addition of REBT, RE FormsNet will have nearly 60 employees, with operations based in Detroit, and development, training and implementation at its Los Angeles headquarters. The merger was effective March 31.

Joel Singer, president of RE FormsNet, said that adding RELAY allows the company to enhance its focus on keeping the Realtor at the center of the transaction.

“Chief Operating Officer Lisa Mihelcich will continue to manage the day-to-day operations of the company as part of her expanded role in the operation, while Josh Sharfman will continue in his key role as RELAY product manager and chief technology officer for the combined company,” Singer said.

Nationwide, there are more than 473,000 users of the desktop and online versions of ZipForm software, according to a company announcement. WINForms is the California-specific version of the software.

REFN is a subsidiary of Real Estate Business Services, and is a joint venture between REBS and the National Association of Realtors.

Real Estate Business Services is a subsidiary of the California Association of Realtors.

Show Comments Hide 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.
Thank you for subscribing to Morning Headlines.
Back to top
Only 3 days left to register for Inman Connect Las Vegas before prices go up! Don't miss the premier event for real estate pros.Register Now ×
Limited Time Offer: Get 1 year of Inman Select for $199SUBSCRIBE×
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