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Web 2.0 based Broker Compliance Platform

planetRE Announces Launch of Real Estate Industry's First Web 2.0 Based On-Demand Broker Automation Platform.

Broker Automation Platform powers Real Estate Firms with Compliance Management, Enterprise Resource Planning (ERP) & Financial Management into a single back office solution built on ultra modern Web 2.0 architecture and delivered as 24X7 securely hosted solution.

San Jose, CA, Jan 24, 2007 - /FLIERWIRE/-- SAN JOSE, Calif., Jan 24, 2007 planetRE, the nation's leading technology provider for online real estate, today announced planetRE 2.0"- the real estate industry's first Web 2.0 based On-Demand Broker Back Office Platform. It comprises of planetRE Compliance" a rigorous rules based engine providing transaction, document, and compliance management and planetRE Money" that provides comprehensive financial management and ERP bolted with the most intelligent business analytics and reporting.

"The integration of planetRE Compliance and planetRE Money offered with enterprise wide role based access is a killer application for real estate brokers nationwide," said Subrao Shenoy, CEO of planetRE. "The products that have existed so far in the market have been piece meal, shrink wrapped desktop solutions stretched over outdated database technology. planetRE 2.0 is a highly scalable on-demand platform built for the modern internet age enabling brokers, agents, clients, and service providers to interact securely with rich web collaboration. A real estate broker can now see his/her financials instantly on a Blackberry type device, rather than an accountant taking days to generate them. "

planetRE Compliance 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.

"Our company is the largest brokerage firm in state of Nevada and lists in the top 50 NAR firms in the country" says Kolleen Kelley, Broker for Liberty Realty, Las Vegas, Nevada. "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 has been able to deliver a powerful platform to our brokers above others in the industry," says Michael Rahmn, VP of Technology for Windermere Real Estate Services, based in Seattle, Washington.

"We are the largest CENTURY 21 company in New England with multiple offices in Connecticut and Rhode Island", says Kenneth Scala, President of CENTURY 21 Access America. "We looked at several transaction management platforms in the industry. We found planetRE to be the most complete and user friendly platform available that we can offer to our agents, client base, and our vendors."

"We are a mid size Multiple Office Organization in Central CA and a leader in our market" says John Stone, Broker Owner of Coldwell Banker Mountain Leisure Properties in Groveland, CA. "planetRE has delivered a valuable technology to our organization for compliance, document management, and client service".

planetRE Money is the first on-demand ERP system for real estate brokers designed for enterprise wide access that integrates with Compliance. Most financial systems are geared for accountants and CFOs only and have no automated connection to compliance. Since compliance has grown significantly complex in many states over the years, many brokers land up cutting accurate commission checks on incomplete files; thereby increasing their risk. planetRE Money is the first product that allows brokers and office managers to automate compliance, 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, a leading real estate firm in San Mateo, CA. "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.

SOURCE:Company sources
1/24/2007 08:00 AA ET
www.planetre.com
CONTACT:Sally Peterson
Email: info@planetre.com.
Phone: 408-251-6078

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