CINCINNATI, Aug. 15, 2016 /PRNewswire/ -- Dotloop, a leading
platform for simplifying the real estate buying and selling
process, today announced that more than $1
trillion in cumulative listings have been transacted through
the platform since it launched in 2009.
"We have experienced incredible growth," said Austin Allison, founder and general manager of
dotloop. "Crossing the trillion dollar mark is not only a huge
accomplishment for dotloop as an organization, but speaks to where
the future of the real estate transaction is headed. Dotloop is on
the forefront of taking the real estate transaction out of the
paper era, and into the digital one with a single end-to-end
solution."
Dotloop is also celebrating the one-year anniversary of its
acquisition by Zillow Group. With the resources of Zillow Group,
dotloop has been able to significantly expand its presence in its
Cincinnati headquarters, adding
more than 50 "loopers" and more than 1,000 new business partners in
the last year. With the influx of new customers, more than 7
million documents are uploaded to dotloop every month.
"Being part of Zillow Group has really allowed us to scale our
business," Allison continued. "Our product has rapidly developed,
we've launched new features like Easy Offer™, which streamlines the
offer process, and enhanced our mobile experience, including
launching a new app for Android™."
Dotloop has also significantly expanded its partnership with
national franchisors, including RE/MAX, in the past year. Now,
there are active dotloop users in 60 percent of RE/MAX brokerages
throughout the country.
"When you're dealing with 500 agents, there's an extraordinary
amount of paperwork," said Kathy
Kuyoth, broker and owner of RE/MAX Preferred Associates in
Toledo, Ohio. "Having to search
through all of that to make sure everyone is minding their P's and
Q's is a full-time job in itself. Dotloop ensures precision and
does it in a way that's seamless and simple."
For more information about dotloop, please contact
community@dotloop.com.
(ZFIN)
dotloop
dotloop® is the leading collaboration platform
in real estate where more than 1.2 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 allows
brokers to run a better business by increasing visibility,
retaining top talent and reducing operating costs.
The company is based in Cincinnati,
Ohio. dotloop is owned and operated by Zillow Group
(NASDAQ:Z and ZG). To learn more about dotloop,
visit www.dotloop.com.
dotloop is a registered trademark of DotLoop, LLC. Easy Offer is
a trademark of DotLoop, LLC.
Zillow Group
Zillow Group (NASDAQ:Z and ZG) houses a
portfolio of the largest real estate and home-related brands on the
Web and mobile. The company's brands focus on all stages of the
home lifecycle: renting, buying, selling, financing and home
improvement. Zillow Group is committed to empowering consumers with
unparalleled data, inspiration and knowledge around homes, and
connecting them with the right local professionals to help. The
Zillow Group portfolio of consumer brands includes real estate and
rental marketplaces Zillow®, Trulia®, StreetEasy®, HotPads® and
Naked Apartments®. In addition, Zillow Group works with tens of
thousands of real estate agents, lenders and rental professionals,
helping maximize business opportunities and connect to millions of
consumers. The company operates a number of business brands for
real estate, rental and mortgage professionals, including Mortech®,
Bridge Interactive, dotloop®, and Retsly®. The company is
headquartered in Seattle.
Zillow, Mortech, StreetEasy, Retsly and HotPads are registered
trademarks of Zillow, Inc. Trulia is a registered mark of Trulia,
LLC. dotloop is a registered trademark of DotLoop, LLC. Naked
Apartments is a registered trademark of Naked Apartments, Inc.
Android is a trademark of Google Inc.
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visit:http://www.prnewswire.com/news-releases/dotloop-surpasses-1-trillion-in-transactions-300313128.html
SOURCE Zillow Group