Dotloop, a leading platform that aims to simplify the real estate buying and selling process, has announced an agreement with the Peninsula Regional Data Service, a subsidiary of the Silicon Valley Association of REALTORS, to license PRDS Forms, which is one of the main real estate purchasing form sets in California.
Beginning today, dotloop users throughout the Silicon Valley - including Palo Alto, Los Altos, Mountain View, Sunnyvale, Menlo Park, Los Gatos and Saratoga - will be able to easily access the PRDS Forms within dotloop's platform to more efficiently complete, share, and sign documents, as well as monitor and manage the entire real estate transaction process.
Austin Allison, founder and general manager of dotloop, said the partnership will be mutually beneficial.
"Dotloop allows brokers and agents to seamlessly conduct transactions online and on-the-go, streamlining their business and creating a better experience for buyers and sellers," Allison said.
"This region of California is home to many of the world's leading technology professionals, who expect the real-time, on-demand information and greater insight and control over real estate transactions that the dotloop experience provides. We look forward to helping agents in the Silicon Valley bring more transparency and efficiency to the home buying and selling process."
With dotloop, agents simply invite their clients and each necessary party to a digital 'loop' that contains all documents needed to complete the transaction - without faxing, scanning, printing, or leveraging multiple technologies - and allows real-time collaboration, task management, and progress tracking across mobile and desktop.