SOURCE: RESAAS Services Inc.

RESAAS Services Inc.

June 20, 2016 09:30 ET

East Bay Regional Data MLS Selects RESAAS' RealTimeMLS Solution

VANCOUVER, BC--(Marketwired - June 20, 2016) - RESAAS Services Inc. (CSE: RSS) (OTCQX: RSASF), a cloud-based social business platform for the real estate services industry, is pleased to announce that it has signed a five-year agreement with East Bay Regional Data (EBRD), an MLS with three member associations across the East Bay in Northern California.

This agreement provides all 3,200 agents across EBRD's three member associations, Alameda Association of REALTORS®, Oakland/Berkeley Association of REALTORS®, and Delta Association of REALTORS® to communicate and share listings instantly in a centralized social platform known as RealTimeMLS, RESAAS's flag-ship solution for MLS and real estate associations.

"I've worked in many different real estate associations throughout California, and am now committed to providing members of EBRD with the most current and efficient tools to run their businesses," said Davina Lara, CEO of EBRD and Oakland/Berkeley Association of REALTORS®. "I've tracked the results, uptake and agent-engagement of RealTimeMLS in other markets and see it as an essential offering for our members so both they, and we, can move as quickly as our hot real estate market demands."

RESAAS will integrate EBRD's existing vendor partners Clareity Security and Black Knight's Paragon MLS into RealTimeMLS, providing a secure and efficient experience for agents, while allowing listing data to flow from RealTimeMLS into Paragon as it reaches on-market status.

"Agents need reliable, real-time technologies that allow them to work quickly and efficiently," said James Hayden, VP of Enterprise Accounts at RESAAS. "We are excited to be working alongside the team at EBRD to help solve common industry pain points."

EBRD joins other technology-forward associations already leveraging RealTimeMLS in the following markets; San Francisco, San Diego, Miami and Austin.

About RESAAS Services Inc.

RESAAS, a cloud-based social business platform for the real estate services industry, is designed specifically for the real estate professional to connect and communicate in real-time. Known as real estate broadcasts, RESAAS' powerful reblasts® engine automatically generates all of your real estate workflow into invaluable social content that is instantly pushed out to the RESAAS platform and other social networks. Visit www.resaas.com.

About East Bay Regional Data

East Bay Regional Data was incorporated in 1991 as a means to provide brokers and agents with a centralized and online source for real estate data. Today, East Bay Regional Data Inc. (EBRDI) is the region's largest MLS cooperative working to provide its subscribers the very best in MLS service. EBRDI has been a leader in bringing greater resources and real estate data to its participants and subscribers. In addition to providing complete access to listings in Alameda and Contra Costa Counties, participants and subscribers also have access to listings in 22 counties in Northern California.

The CSE has not reviewed, nor approved or disapproved the content of this press release.

Forward-Looking Information:

This press release and the RESAAS website referenced herein contain forward-looking information within the meaning of Canadian securities legislation, including but not limited to statements regarding the company's technology platform. The forward-looking information is based on certain key expectations and assumptions made by RESAAS' management, including future plans for the design and development of the company's technology platform.

Forward-looking information is subject to risks, uncertainties and other factors, many of which are outside of the company's control that could cause actual results to differ materially from the results discussed in the forward-looking information. Although RESAAS believes that the expectations and assumptions on which such forward-looking information is based are reasonable, undue reliance should not be placed on such information because RESAAS can give no assurance that it will prove to be correct. The Forward-looking information contained in this press release is made as of the date of this press release. RESAAS disclaims any intent or obligation to update publicly any forward-looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws.

Contact Information