""RES.NET"":http://www.res.net, an infrastructure of diverse real estate professionals and supporting software applications, has recently launched a new tool embedded within all RES.NET portals called Connect.
[IMAGE] Connect enables all parties involved in the sale of a property to connect to each other and track the progress of their real estate transaction, regardless of sale type. This new tool enables the real estate industry to update their communications, and create a similar environment to that which is found in social media sites, the Lake Forest, California-based company explained.
Through Connect, RES.NET has been able to streamline the communication between distressed sellers, agents,[COLUMN_BREAK]
servicers, buyers, and vendors. The company says each connection creates a stronger and more transparent transaction, in which tasks can be assigned, statuses can be updated, and messages can be sent.
Buyer's agents and listing agents are now able to connect to each other for offer management, while homeowners can stay involved in offer negotiations, and buyers can be cross-qualified for a loan.
The end result provides a seamless connection from seller to buyer with participation of the third parties involved in order to move the transaction forward, according to RES.NET.
""We fully believe that Connect is going to revolutionize the real estate industry,"" said Todd Mobraten, president and COO of RES.NET.
""Never before has everyone involved in the sale of a property been able to connect to each other in one central area. Now, not only can they see who each person of the transaction is, but they can keep track of who is responsible for the next step of the sale, and when it needs to be completed,"" Mobraten explained.
The new Connect tool is available to all membership levels of RES.NET, but the company says it is most powerful within the professional level of AMP.