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Real estate-focused Resaas Services lauds increased use of its solution in San Francisco

Resaas said it had noted a significant 63% increase in the posting of premarket and off-market listings

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Resaas is a cloud-based and blockchain technology platform focused on the real-estate sector

Real-estate-focused Resaas Services Inc (CVE:RSS) lauded the increased use of its RealTimeMLS solution, which earlier this year was refocused mainly on the posting of pre-market and off-market listings.

So far this year, Resaas said it had noted a significant 63% increase in the posting of premarket and off-market listings in San Francisco.

READ: Resaas Services says new licensing deal with REIN will present new growth opportunities

In addition, the posting of buyer need requests have increased by 56% in the first five months of 2018 compared to the same period in 2017.

"We are pleased to have supported the exceptional growth of RealTimeMLS in the San Francisco market over the past two years," said Danielle Sissons, vice-president of operations at RESAAS.

"Focusing primarily on the posting of pre-market and off-market listings and buyer needs has aided in the adoption and engagement of activity levels seen within the solution."

Around two years after the successful launch of RealTimeMLS in San Francisco, the solution has become increasingly more popular and is a relied upon by members of the San Francisco Association of REALTORStrademark (SFAR)

"We have reached critical mass with RealTimeMLS and we are seeing real commerce happening in this authorized platform, which follows our local rules and regulations," added Jay Pepper-Martens, MLS & IT Director at SFAR.

"RESAAS has been a phenomenal partner to work with and has responded to our numerous requests for alterations."

Several enhancements have been made to the solution in recent months, which all contribute to the value it provides, including: Native mobile application - available on both iOS and Android, SFAR members can access RealTimeMLS remotely while on-the-go

The company noted that several enhancements had been made to the solution, including push notifications and analytics, which provide membership and the MLS with insight into the number of members accessing RealTimeMLS on a daily basis

Group search - ability to search for and discover content (listings, referrals and buyer needs) posted within RealTimeMLS to - date with advanced filtering options.

Quick facts: RESAAS Services, Inc.

Price: 0.38 CAD

TSX-V:RSS
Market: TSX-V
Market Cap: $26.16 m
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