business. Online Transaction management is a technology that is of great
value to a broker or agent having several listings. It reduces the amount
of time from listing to close.
It is important to choose the right software to perform your online
transaction. So which software should you choose?
Relay and Transaction Point both have some great features to offer. Both
programs offer the feature of uploading your checklist/task list
associated with each transaction. Each has the feature of due date alerts.
You can receive emails daily that will keep you informed of the
important tasks that need to be completed for that specific transaction.
You can upload the specific documents that are associated with each
The broker or agent can choose who should see the progress of the
transaction from listing to close.
One neat feature in Transaction Point is that you can send letters
(customized or template) from the program itself. These can be welcome
letters, reminder letters, touch point letters or whatever you choose to
send. It gives you the merge fields and also converts it to a Word
document. And you can save your own customized letters as future
This is a great feature to have when dealing with multiple closings.