CLINTON TOWNSHIP, Mich., March 27, 2008 (PRIME NEWSWIRE) -- RE FormsNet (REFN), the creator of ZipForm(r)and RELAY(r), today announced the launch of their new Forms Advisor(tm) online software program. This latest application will be showcased at this week's NATIONAL ASSOCIATION OF REALTORS(r) Association Executives Institute in Boston, MA.
No matter how many years you've been in the business, it's a dilemma every agent faces at the beginning of a real estate transaction -- deciding which of the hundreds of federal, state, local and broker forms are applicable to your specific transaction.
"Forms Advisor is like a GPS for forms," declares Sereta Churchill, REFN board member. "It asks you a series of basic questions about your transaction and then provides a complete roadmap of the forms you'll need to complete that transaction. This is a terrific tool for agents who haven't done an unusual transaction. For example, if you haven't done a short sale, Forms Advisor will walk you through which forms you need."
Agents familiar with Forms Advisor say it's like having a real estate attorney by your side 24 hours a day, 365 days a year.
"The Forms Advisor is extremely valuable from a risk management perspective, particularly with certain types of transactions like trusts and probates, where an agent may not be certain whether the seller is exempt from filling out one form or another," says David Parry, board member for REFN. "It's a great product for any brokerage to have in its arsenal, and when you add the localized forms and information you have a product that has nationwide applicability."
In addition to providing the list of forms, this rules-based tool creates the transaction in ZipForm(r)Online with the recommended forms, thereby reducing the time spent on creating a transaction.
"We are delighted to add Forms Advisor to our portfolio because it demonstrates another step in our technology strategy to offer cutting-edge products to the real estate industry," stated Robert Bailey, Chairman of the Board of REFN.
About RE FormsNet
RE FormsNet (REFN), the creator of ZipForm(r), is the Exclusive and Official Forms Software of the NATIONAL ASSOCIATION OF REALTORS(r). REFN also offers RELAY(r), the Web-based transaction management system/Internet tool.
REFN is a subsidiary of Real Estate Business Services, Inc. (REBS) and is a joint venture between REBS and the NATIONAL ASSOCIATION OF REALTORS(r) (NAR).
The NATIONAL ASSOCIATION OF REALTORS(r), "The Voice for Real Estate," is America's largest trade association, representing more than 1.2 million members involved in all aspects of the residential and commercial real estate industries.
Real Estate Business Services Inc. (REBS) is a subsidiary of the CALIFORNIA ASSOCIATION OF REALTORS(r).
For more information on Forms Advisor(tm), ZipForm(r) and RELAY(r), contact Wendy Waldrep at 888-318-2660 X223 or wwaldrep@zipform.com.