RE/MAX Northern Illinois Launches dotloop™ Digital Transaction Solution for Its 2,200 Brokers; New Platform to Wow Clients with Maximum Efficiency and Mobility

News provided by

Nov 18, 2014, 09:00 ET

CHICAGO, Nov. 18, 2014 /PRNewswire/ -- RE/MAX Northern Illinois, a privately held RE/MAX region and Chicagoland's real estate leader since 1989, has introduced dotloop™ to its network of 102 independently owned and operated offices with 2,200 brokers in the northern Illinois area. This online collaboration platform allows RE/MAX Northern Illinois affiliates to provide clients with the most comprehensive and modern paperless transaction solution on the market today. With a central user-friendly online portal, agents and clients are able to securely collaborate in real time and with maximum mobility, across a broad range of devices, including an iOS app.

RE/MAX Northern Illinois real estate offices are now able to provide clients with a start-to-finish collaborative experience via dotloop. Documents can be collaboratively prepared and seamlessly shared with relevant parties for secure and verifiable electronic signatures. The platform also provides a digital forum for all parties in a real estate transaction to negotiate offers. Relevant parties, such as attorneys, tax advisors and mortgage and title companies, are all able to be included in a "loop." The real-time availability of each document gives the client and the broker the freedom to negotiate, edit and review transactions instantly and wherever they are.

dotloop provides RE/MAX Northern Illinois Broker/Owners the features they need to organize, track and collaborate with agents about the status of every real estate deal filed in their offices. RE/MAX Northern Illinois is working closely with the dotloop team to train brokers and affiliates on how they can best set up workflow templates to track the required documents and tasks. These templates include a real-time dashboard and social messaging, which communicate the status of documents. Long-term storage, including client access to documents, delivers a comprehensive platform for broker compliance.

Casey Reagan, RE/MAX Northern Illinois Chief Technology Officer and a member of the dotloop advisory council on paperless solutions, says the new digital transaction platform's key benefits are the mobility and efficiency it delivers for both agent and client.

"We are excited to work with dotloop on our digital transaction platform, which will make real estate transactions quicker and more efficient than ever before. This solution is a valuable piece in our initiative to provide integrated technology to our offices so they can continue to provide their clients with best-of-class service. We will leverage our experienced, technical resources to integrate this offering into our current client-facing and back-office systems. Combined with local support and training, our affiliates will get a powerful package that will 'wow' clients with superior efficiency to meet today's demanding market," Reagan said.

Austin Allison, CEO of dotloop adds, "Real estate is a people-first business, and dotloop was created for that very reason, to put the focus back where it belongs – on people not paper. We're proud to work with RE/MAX Northern Illinois for many reasons, but most notably because of their leadership and history of putting people first by offering top technology solutions to their agents and offices. Together, dotloop will empower RE/MAX agents to save up to 10 hours per transaction, deliver more efficient consumer experiences and close deals 40 percent faster."

The RE/MAX Northern Illinois paperless solution is currently being offered to RE/MAX affiliates in the northern Illinois region as part of its technology program.

About RE/MAX Northern Illinois
RE/MAX has been the leader in the northern Illinois real estate market since 1989. The RE/MAX Northern Illinois network, with headquarters in Elgin, Ill., consists of 2,200 sales associates and 102 individually owned and operated RE/MAX offices that provide a full range of residential and commercial brokerage services. Its mobile real estate app and www.illinoisproperty.com provide comprehensive information about residential and commercial property for sale in the region. The northern Illinois network is part of RE/MAX a global real estate organization with 90,000+ sales associates in 90+ nations.

About dotloop
dotloop is the largest network in real estate, where more than 1.2 million professionals come together to get work done. dotloop enables agents, brokers and other professionals to complete an entire real estate transaction from start to close online, via an online workspace called a 'loop,' which brings people, documents and tasks into one online experience. Agents use dotloop to provide a better experience to their clients and close more deals. dotloop is the top broker choice and solution for real estate transactions, being selected four times more often than any other vendor, according to a study by REAL Trends Analysis. dotloop allows brokers to run a better business, by increasing visibility, retaining top talent and reducing operating costs.

The company is based in Cincinnati, Ohio and backed by Trinity Ventures. To learn more about dotloop, visit www.dotloop.com.

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