dotloop Unveils First Collaboration Platform Built for Real Estate Teams

CINCINNATI, OH--(Marketwired - Feb 26, 2015) - dotloop today announced the industry's first collaboration platform built specifically for real estate teams, dotloop for TEAMS, to empower agents to work more efficiently together and complete more transactions, leading to overall team and business growth. This announcement showcases the company's commitment to innovation and continued focus on delivering products that enable the entire real estate industry -- brokers, agents, service providers and clients alike -- to work better, together.

According to REAL Trends list of the top 250 real estate teams by transaction volume, the top 250 real estate teams were responsible for over $19 billion in transactions in 2014. Many of the highest producing real estate professionals work across teams to service clients better, with each individual responsible for certain elements of any transaction. The ability to share information easily, optimize workflow and ascertain real-time deal status across groups can be a significant business differentiator. dotloop collaborated with top real estate teams and built the teams product to address common pain points, challenges and opportunities that team leaders and administrators face in their transactions or deals. Holly McCray, owner of The Holly McCray Group at Keller Williams Realty, understands the importance of teams. Her brokerage was ranked 2013 Top 5 Tennessee Real Estate Team by REAL Trends Magazine.

"dotloop for TEAMS is a critical next step in providing the best experience possible for homebuyers and sellers," said Holly McCray, owner of The Holly McCray Group. "It creates one simple, streamlined solution for keeping our entire team in the loop. Anyone involved in a transaction can work together seamlessly. At the same time, I'm able to check on my team's overall progress with real-time analytics. Our efficiency and collaboration have noticeably increased and our clients are seeing it, too."

Features within dotloop for TEAMS include:

• Interactive Charts & Graphs With Real-Time Analytics: A broad range of interactive charts and graphs enable agents to track their own progress and that of their team. Leaders are empowered to easily gain insight into their team's successes, as well as inefficiencies, which can lead to improved coaching processes and better-informed decisions. More deals can get done, and teams can grow their business using interpretive data.
  
  
• Collaborative Agent Dashboard for Improved Workflow: dotloop for TEAMS offers a new level of functionality and collaboration with access to a dashboard offering real-time visibility into a business. Agent team leaders have immediate access to every deal happening across a team, for example, which deals are pending and which have closed, increasing openness and flow of communication across teams.
  
  
• Easy-to-Use In-Product Branding for Crisp Customer Experience: For teams that want to deliver a brand-unique experience, dotloop for teams offers customization options including team-specific logos and individualized color schemes. Now, teams don't have to invest resources in developing their own system-wide branding, but instead can use dotloop for TEAMS to create a beautiful and uniquely custom workflow.
  
  
• dotloop Premium and Full-Featured iOS Mobile App for All Team Members: The new product includes subscriptions for all team members to dotloop's premium agent offering. This includes the dotloop iOS mobile application to empower, agents, brokers and administrators to access, collaborate on and finalize deals at anytime and from anywhere.
  
  

"Real estate is a people business and the most successful people in this business don't do it alone, they work in teams," said Austin Allison, CEO of dotloop. "dotloop for TEAMS is the industry's first collaboration platform designed specifically for real estate teams. It helps teams to systemize and scale their work processes to increase and measure lead conversion, standardize the customer experience to capture more client referrals, and gain automated visibility into deal flow. Think of it as leverage to sell more real estate."

To learn more about dotloop for TEAMS, visit www.dotloop.com/teams

About dotloop
dotloop is the leading collaboration platform in real estate where more than 1.4 million professionals get deals done. It enables agents, brokers and third-party service providers to complete entire transactions online, bringing people, documents and tasks into one workspace called a "loop." dotloop is also the broker solution of choice for real estate transactions, being selected four times more often than any other vendor, according to a study by REAL Trends. 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.

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