Multiple Listing Service Property Information Network Extends dotloop-NOW(TM) to Nearly 30,000 Customers

CINCINNATI, OH--(Marketwire - Sep 25, 2012) - dotloop, the fastest growing software company in real estate history and the first real estate company that eliminates paperwork, announced today that Multiple Listing Service Property Information Network (MLS PIN) has launched the company's dotloop-NOW product to its nearly 30,0000 customers. Now, customers of MLS PIN, New England's largest listing service, can access dotloop-NOW via MLS PIN's proprietary customer technology offering, Pinergy, to get more deals done.

By using dotloop-NOW through Pinergy, MLS PIN customers and their clients can negotiate, sign and close deals, all in one place online. With dotloop, agents simply invite their clients and all interested parties to a loop containing collaborative documents needed to complete a transaction. Buyers and sellers can update offers and accept offers, without needing to fax, scan or print documents. dotloop saves up to 10 hours per transaction, deals are closed 40 percent faster and the increased communication and clarity dotloop provides results in 10 percent more deals closed.

"We needed an easy way to help our customers move their transactions online and eliminate multiple platforms," said MLS PIN President and CEO Kathy Condon. "We chose dotloop because they allow our members to easily migrate their existing transaction workflow to the cloud. This makes their lives easier and their clients happier. It's a win-win."

"By partnering with MLS PIN, one of the largest listing services in the country, we're able to reach a large audience of real estate professionals looking for a better way to do business," said dotloop CEO Austin Allison. "dotloop is on a mission to eliminate paperwork so agents can focus on getting more deals done, not on which version of a contract is the most recent or whether an offer made it to the right person."

dotloop and MLS PIN will be in Boston, Mass., from September 26-28, 2012, for CMLS Boston 2012, the annual gathering of multiple listing services and the largest event of its kind for the MLS industry. MLS PIN will host the event, and dotloop is a sponsor. Visit http://www.cmls2012.com for more information on the event.

About dotloop
dotloop is transforming the real estate industry by providing a secure online platform where any real estate agent can share and electronically sign transaction documents in real-time. As the leading provider of collaborative negotiation services, dotloop is available to service all real estate professionals throughout the United States and Canada. The innovative dotloop platform is a collaborative, wholly web-based negotiation platform that lets users add, adjust, approve and sign documents digitally -- addressing the challenges of security, efficiency and overhead costs in today's real estate industry. For more information, please visit www.dotloop.com.

About MLS Property Information Network, Inc.
MLS PIN is a privately REALTOR® owned multiple listing service with approximately 28,800 participants and subscribers throughout New England, which manages a comprehensive database of approximately 49,000 listings for sale. It is the largest MLS in New England, and one of the top ten largest in the nation.