Infonet identified “effective listings”, ‘Agents, Brokers and Owners information processing’ as the key areas for Real Estate Business growth.

The primary goal of this project is to provide Real Estate Agents and Listings (RAL) with a system that increases the efficiency of the transaction processing and listing process and decreases costs associated with those processes.

Business growth, investors and agents’ turnover have played a part in increasing the number of real estate listing in the past. Over the years, RAL have adjusted the goals, and processes and procedures as necessary to meet the requirements. These adjustments have allowed RAL to evolve as the business and external agents have evolved. However, the legacy computer system has not evolved or grown. The result is a computer system that is outdated and ill-suited for the needs of REALTORS®.

With the implementation of RealtorAdminPlace, RAL will have a system that increased the efficiency of the listing processing and transaction process while decreasing the cost associated to each. The RealtorAdminPlace system will also ensure the compliance of all Listings and Transactions regulations.

This will be accomplished by eliminating unnecessary processes and procedures and redundancies within the existing system, enabling a process workflow, automating the reporting needs of RAL and ensuring compliance by capturing the instance, process and outcome for each transaction.

Application Development
Adaptive project Delivery:-

• Requirements gathering
• Analysis
• Designs
• Construction
• Implementation
• Testing

Benefits for this project have been identified with the majority being associated to the cost reductions for the transaction processing. Other benefits included are: reduction of sellers pulled after listing, transaction document administrations and error correction, improvements to the listing entry and agents processing time, decrease in the number of multiple listings errors and agents training time and reduction of brokers dealing errors.

Benefits identified

• Reduction in the time and effort required to split, scan and index documents.
• Reduction in the number of illegible entries and errors on the Listings, motivated sellers and agent’s documents.
• Enables complete listing and contact tracking.
• Improves listing entry time.
• Improves transaction processing time.
• Decreases the number of brokers dealing errors.
• Decreases the agents training time.
• Reduces real-time process tracking time.
• Reduction in the number of sellers pulled after listing.
• Reduces the number of agent assignment errors.

• Ensures transaction auditing by capturing the instance, process and outcome for each listing.
• Enable process workflow.
• Automate reporting
• Accept code data transfers
• Reduce costs by eliminating unnecessary procedures and processes, and redundancies.