Real estate technology company RealtyProx released a new version of its short sale processing software that provides comprehensive transaction management and automation solutions in order to streamline the short sale transaction process.
The latest upgrade, version 1.1.001, connects all real estate professionals involved in short sale transactions into one nationwide network.
As a listing agent-centered platform, RealtyProx helps to reduce a short sale package preparation time by up to 70%. With more than 100 pre-written notifications, automated tasks, and time and date-stamped communication records, the platform keeps all parties informed, allowing the listing agent to concentrate on sales and prospecting rather than being a busy call center.
“Everybody loves free tools and we made sure there’s plenty of them in this version,” said Vladas Krivickas, marketing director of Oak Brook, Ill.-based RealtyProx. “Even our pricing structure diverges radically from what’s considered industry standards. RealtyProx does not charge any upfront fees, including set-up or monthly fees; the only way a listing agent incurs a fee is when a short sale deal is successfully closed.”
The platform allows a listing agent to open unlimited short sale deals, store unlimited files, send free unlimited eFaxes and use full system capabilities, without having to provide the company with their credit card information.
All other users, for example a selling agent, seller/buyer attorney in judicial states, and title companies, are considered guest account holders and are granted free permanent access to the platform.
The platform is cloud based and is accessible from any computer, tablet or smartphone.
Other features the platform provides include weekly status updates; tasks and reminders; over 100 system-generated messages; a PDF splitter; free internal messaging, eFax and email; lender document forms; document packaging; and one-click title order.
RealtyProx recently reached partnerships with the short sale processing company National Closing Center Corp. and the “Repositioning the Dream” Initiative to combine their services for all members to access. Members of NCC include real estate agents, short sale processors, attorneys, and title/escrow companies.
The technology software processing company said it is currently negotiating with several financial institutions and real estate trade groups for them to utilize this transaction management platform.
