Online Transaction management is a technology that is of great value to a broker or agent having several listings. It reduces the amount of time from listing to close.

It is important to choose the right software to perform your online transaction. So which software should you choose?

Relay and Transaction Point both have some great features to offer. Both programs offer the feature of uploading your checklist/task list associated with each transaction. Each has the feature of due date alerts. You can receive emails daily that will keep you informed of the important tasks that need to be completed for that specific transaction. You can upload the specific documents that are associated with each transaction.

The broker or agent can choose who should see the progress of the transaction from listing to close.

One neat feature in Transaction Point is that you can send letters (customized or template) from the program itself. These can be welcome letters, reminder letters, touch point letters or whatever you choose to send. It gives you the merge fields and also converts it to a Word document. And you can save your own customized letters as future templates.

This is a great feature to have when dealing with multiple closings.