REApplications announces release of Brokerage Operations Suite

July 19, 2004 - San Diego, CA - REApplications (a division of The Jamesan Group) is pleased to announce the release of its Brokerage Operations Suite, a web-based enterprise software platform designed to streamline operations & create efficiencies for Commercial Real Estate brokerage firms. Key elements of the Brokerage Operations suite include Commission Management and Closed Deal database, a 'Broker Portal' for reporting on individual commissions, Human Resources and License Management.

"REApplications software has had a tremendous impact on our organization this year", said David Verdouw, VP of Information Technology at Colliers Seeley in Los Angeles, one of the largest Real Estate companies in California. "This implementation finally brought our commission & transaction information into a single, scalable database. Our brokers are genuinely excited about their ability to mine this data & create their own reports, anytime, anywhere. We're even forecasting our 2004 revenues using this system! The efficiencies created have been impressive."

The Brokerage Operations Suite can be implemented by itself, or as part of REApplications' existing Enterprise Brokerage Information System (EBIS). Other EBIS modules include Project Tracking, Deal Pipeline / Forecasting, Contact Management, Property Inventory, Listings & Comparables Management, Marketing and several other key operational areas.

"REApplications has always provided a comprehensive product for Commercial Real Estate firms to manage their contacts and property data. The new Brokerage Operations modules will finally allow our clients to totally streamline many of the back-office functions within their firms", said Greg Ausley, president of REApplications. " Our mission has always been to help our clients cut operating costs by eliminating redundant databases and manual systems….this release is an important step toward that goal."

The latest version of REApplications was optimized for larger firms requiring greater scalability and performance, and allows for the integration of 3rd-party data providers and other tools. It is built with proven Microsoft development tools, such as .NET, XML and other advanced web technologies.

Pricing and Availability: REApplications software is available immediately. For pricing or other sales information, please contact REApplications at 619.230.0209.

About Reapplications (a division of The Jamesan Group): REApplications develops, implements and supports software exclusively for the Commercial Real Estate industry. REApplications provides its users with a web-based, enterprise solution that enables Executives, Professionals, Staff and Clients to collaborate and manage transactions, client relationships and property/market research. REApplications currently serves over 120 firms in North America.