Metrolist Launches dotloop-NOW to More Than 15,000 Members to Eliminate Paperwork in Real Estate Transactions

CINCINNATI, OH--(Marketwire - Nov 15, 2012) - dotloop, the fastest growing software company in real estate, today announced that Metrolist, the largest real estate multiple listing service in Colorado, launched dotloop-NOW to its more than 15,000 members. dotloop-NOW is immediately available to give Metrolist members an easy-to-use online platform where all parties -- including agents, buyers and sellers -- can share, approve and sign transaction documents in real-time.

"dotloop is simplifying the paper-intensive real estate transaction process though its easy-to-use platform," said Kirby Slunaker, president and CEO, Metrolist. "Our members want powerful, yet simple and affordable solutions to help them better serve their clients and get more deals done. By offering dotloop in the Metrolist Marketplace, we are delivering choice across various price points to meet our members' needs. With dotloop-NOW, our members can make informed decisions about the various products available to them to handle transactions more efficiently, from any device -- and it's completely free."

With dotloop-NOW, Metrolist's members and their clients can negotiate, collaborate, sign and close deals, all in one place online. By eliminating physical documents with dotloop and moving the transaction process online, Metrolist members also create a superior client experience that's mobile-friendly and completely digital. Realtors® simply invite their clients and all necessary parties to a transaction, or 'loop,' instead of relying on multiple versions of the same documents and endless paperwork. On average, dotloop saves up to 10 hours per transaction and deals are closed 40 percent faster.

"By partnering with Metrolist, we're empowering its more than 15,000 members with the tools they need to eliminate the paperwork that gets in the way of closing deals and delivering a great client experience," said Austin Allison, CEO of dotloop. "Buyers and sellers are used to doing nearly everything online, and real estate should be no different. With dotloop-NOW, Metrolist's members can provide a faster, more efficient and completely mobile transaction process, all for free."

dotloop is the efficient alternative to paperwork and is used by more than 250,000 agents, serving more than 7 million buyers and sellers in more than 700 cities across the United States and Canada. To get started using dotloop-NOW today, visit www.dotloop.com.

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. dotloop 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.

About Metrolist
Metrolist is the largest MLS in the state of Colorado, supporting the largest network of Realtors with the most comprehensive database of real property listings throughout the Front Range. Realtor owned since 1984, Metrolist provides leading technology solutions to real estate agents and brokers to better serve buyers and sellers. More information about Metrolist is available at www.metrolist.com.