planetRE Launches First Web 2.0 Based On-Demand Broker Automation Platform

City: San Jose, CA,

Date : Jan 25, 2007

planetRE, a leading technology provider for online real estate, has launched planetRE 2.0™ the real estate industry's first Web 2.0 based On-Demand Broker Back Office Platform. It comprises of planetRE Transact™ a rigorous rules-based engine providing transaction, document, and Transact management and planetRE Money™ that provides comprehensive financial management and ERP bolted with the most intelligent business analytics and reporting.


planetRE Transact has been an established product on the market since 2003, having closed thousands of transactions with many national customers. It features integrated work-flow management, electronic signatures, high performance document management, integrated file audits, and risk management for mega brokers. Included is planetRE Vault™, that provides industry's first long term transaction and document storage/archival technology built on RSA SecurID ®. Built to suit the rigorous audit needs of regulatory bodies in different states, it provides the most superior risk management platform for brokers in multiple states.


Kolleen Kelley, broker for Liberty Realty, Las Vegas, Nevada, says, "planetRE has helped us automate our transactions, file audits, and provide superior client service over the years. Their support and technology has been exemplary".


planetRE Transact has been an established product on the market since 2003, having closed thousands of transactions with many national customers. It features integrated work flow management, electronic signatures, high performance document management, integrated file audits, and risk management for mega brokers. Included is planetRE Vault" that provides industry's first long term transaction and document storage/archival technology built on RSA SecurID ®,(See http://www.rsasecurity.com/press_release.asp?doc_id=6162). Built to suit the rigorous audit needs of regulatory bodies in different states, it provides the most superior risk management platform for brokers in multiple states.


"planetRE has been able to deliver a powerful platform to our brokers above others in the industry," says Michael Rahmn, vice president of Technology for Windermere Real Estate Services, based in Seattle, Washington.


planetRE Money is the first on-demand ERP system for real estate brokers designed for enterprise wide access that integrates with Transact. Most financial systems are geared for accountants and CFOs and have no automated connection to Transact. Since Transact has grown significantly complex in many states, many brokers may cut accurate commission checks on incomplete files; thereby increasing their risk. planetRE Money allows brokers and office managers to automate Transact, process accurate commissions, integrate G/L, provide real-time financials on their branches, run intelligent and interactive analytics across any cross section of their business. planetRE Money embeds advanced techniques of OLAP (Online Analytical Processing) with highly sophisticated database architecture with built in interface to major franchise financial reporting systems.
"Brokerage financials has always been an invisible back office function" says James Meader, broker/owner of REMAX Today, San Mateo, California. "planetRE Money promises to bring financials out of the closet and in hands of sales managers and owners so they can get real time information on financials in order to make intelligent decisions on their business."


About planetRE
TrSoft (d.b.a. planetRE) is a privately held, leading edge internet company for online real estate with no affiliations or ownership from any real estate, mortgage, or title company. Headquartered in Silicon Valley, CA; its primary mission is to provide cutting edge products to the global real estate industry. With its significant investment in Research and Development, it has provided numerous innovations to its customers. planetRE is an approved supplier to large national companies like Coldwell Banker, Coldwell Banker Commercial, Century 21, ERA, Windermere Real Estate Services, and Realty World America. It has also been licensed by many individual franchise operations from GMAC, REMAX, and other leading independent brokerage firms. More information about planetRE can be found on the Internet at www.planetre.com


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