SOURCE: DotLoop

dotloop

October 24, 2012 12:36 ET

EXIT Realty and dotloop Unveil Total Office Resource Center (TORC) to Agents Across North America

TORC Brings Entire Real Estate Transaction Online, Accelerates Speed at Which EXIT Agents Do Business

NASHVILLE, TN--(Marketwire - Oct 24, 2012) - EXIT Convention - EXIT Realty Corp. International today announced the availability of its Total Office Resource Center (TORC), to thousands of agents across North America. TORC is an integrated platform designed to support the fastest growing full-service real estate franchisor in North America and enhance the speed at which its agents do business. The paperless component of TORC is powered by key partner dotloop, whose fully integrated dotloop-NOW cloud-based service eliminates paperwork from the real estate process and enables agents and their clients to negotiate, collaborate, sign and close deals, all in one place online.

EXIT Realty understands the diverse needs of modern real estate professionals, and with the launch of TORC equips them with the technologies, best practices, services and partners to bring the entire process online. It also recognizes the demand from buyers and sellers to create a more mobile-friendly, real-time experience, allowing clients to sign documents, negotiate terms and complete transactions on any device, anywhere. With the official roll-out to their offices this week, EXIT is delivering on its promise to be at the forefront of real estate technology by creating an end-to-end platform to enable all EXIT agents to be more productive and create a superior experience for their clients.

"With TORC, we're arming our agents with an entire online suite of technologies, tools and best practices to help them do business faster. dotloop-NOW is a key component to help our agents bring the entire transaction online, expedite deals and create a delightful client experience," said Tami Bonnell, CEO, EXIT Realty. "With TORC, we've created the core infrastructure that will support and scale with our growing base of real estate professionals and keep EXIT ahead of our competition."

With TORC, EXIT agents now have an entire suite of online tools to manage the administrative, marketing and transactional elements of their real estate process -- all from one centralized location. And at the center of TORC, dotloop-NOW enables agents to initiate and complete a transaction completely online. TORC includes capabilities to help agents:

  • Better identify and market to new clients, manage current properties and list new ones, share documents, manage marketing campaigns and engage with clients.

  • Invite multiple people in multiple locations -- buyers, sellers and their respective agents -- into a 'loop' so they can review, edit and e-sign all the documents required to close a deal online.

  • Execute the entire transaction process from offer to closed deal on a computer or mobile device eliminating the hassles of faxing multiple documents and emailing attachments and also creating a more mobile-friendly buying and selling experience for clients.

  • Close more deals faster. With dotloop-NOW, transactions are completed 40 percent faster and the increased communication and clarity also results in more deals reaching the closing table.

"Getting deals done online has never been easier with dotloop, integrated right into our new TORC system," Marty Russell, Sales Representative with EXIT Realty West in Cincinnati, Ohio. "Handling all the details of each property I'm listing or making an offer on is clean, easy and smart, all managed within the same resource center I use for every other aspect of my business. I've ditched the paperwork, plain and simple."

"There's no reason why real estate transactions should involve a labyrinthine process riddled with fax machines, couriers and endless versions of the same document. We need to rethink the way real estate works to be more consistent with our real-time, connected world -- and that's what TORC is all about," said Austin Allison, CEO of dotloop. "With its launch of TORC, EXIT Realty is not only shifting the way deals get done to accurately reflect the way the world operates today, but partnering with dotloop is just another way EXIT delivers on its promise to be the smartest company in real estate."

For more information on EXIT Realty, dotloop and TORC, visit https://dotloop.com/exit.

About dotloop
dotloop is transforming the real estate industry by providing a secure online platform where any real estate agent can share and electronically sign transaction documents in real-time. As the leading provider of collaborative negotiation services, dotloop is available to service all real estate professionals throughout the United States and Canada. The innovative dotloop platform is a collaborative, wholly web-based negotiation platform that lets users add, adjust, approve and sign documents digitally -- addressing the challenges of security, efficiency and overhead costs in today's real estate industry. For more information, please visit www.dotloop.com.

Follow dotloop on Twitter: https://twitter.com/dotloop
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Follow dotloop on YouTube: https://www.youtube.com/dotlooptv

About EXIT Realty
EXIT is a proven real estate business model that has to-date, paid out more than $235 million in single-level residual income -- for agents, this means security, stability and direction; for agents' families, security in the form of beneficiary and retirement residuals. State-of-the-art technology including TORC, EXIT's Total Office Resource Center, provides an integrated, end-to-end solution for today's busy real estate professional. A portion of every transaction fee collected by EXIT International is applied to its charitable fund. To-date, more than $2 Million has been pledged to Habitat for Humanity. For more information, please visit www.exitrealty.com.

Follow EXIT Realty on Twitter: www.twitter.com/exitrealtycorp
Follow EXIT Realty on Facebook: www.facebook.com/exitrealtycorpinternational

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