Inman

Fidelity improves transaction management system

Fidelity National Real Estate Solutions today announced a strategic agreement that will allow integration between its transaction management technology and RE FormsNet’s ZipForm and WINForms real estate documents.

This integration aims to allow real estate professionals to minimize key strokes by transferring or copying data from their ZipForm and WINForms listing or sales contract form to Fidelity’s TransactionPoint transaction management platform, where key events, service orders and documents related to a real estate transaction may be created, viewed and tracked.

MLS and forms integration aims to facilitate the seamless flow of information, which reduces transaction cycle time, as well as the possibility of errors associated with re-keying data between different systems. The forms are stored electronically for all parties in the transaction to access.

“This data flow will surely create greater efficiencies for our mutual clients, ultimately resulting in reduced risk and expenses,” said Robert Bailey, chairman of the board of RE FormsNet.

RE FormsNet LLC is a joint venture between the National Association of Realtors and Real Estate Business Services Inc., a subsidiary of the California Association of Realtors.

Fidelity National Real Estate Solutions is a division of Fidelity National Financial, a Fortune 500 provider of products, services and technology solutions to the financial and real estate industries.

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