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1RealtyCenter.com announces further progress toward a working, e-commerce enabled, web-based Real Estate Transaction system

HOUSTON, Texas (October 22, 2001) -- 1RealtyCenter.com, a Houston-based real estate application service provider, announces that they are in their beta trials, and close to the launch of their intranet/extranet and transaction platform for residential real estate transactions. This platform will serve as a scalable, modular, and dynamic system designed for all companies that serve a buyer and seller in the course of a land transaction.

"We had to think of the real estate transaction process as a whole," says Geoff Vaughan, CEO, "We also considered the internal operations of the service providers, not just their points of process that touch partners and customers. That's why we made our Organizational Intranet product the center of everything. At core, all companies, regardless of segment, are the same. They all need to communicate with their employees, share schedules, centralize files and documents. By providing a system to improve intra-organizational effectiveness, we greatly enhance external processes as well. Companies that work well internally work better externally."

Beta trials continue and are expected for the next 2 months, as 1RealtyCenter.com is completing their automated billing system, and implementing suggestions made by participating beta users.

"Our beta trials are progressing nicely," continued 1RealtyCenter.com's CEO."We are listening to our customers, fixing bugs, and even building in custom applications to more closely fit their processes."

About 1RealtyCenter.com
1RealtyCenter.com is an Application service provider specializing in high-end website and software application development for the residential real estate industry. They operate a real estate portal that brings homebuyers and sellers together with real estate service providers, and provide a centralized, secure suite of web-based software applications to facilitate and streamline their residential real estate transactions. They offer web development, consulting, and marketing services to companies serving buyers and sellers of real estate. 1RealtyCenter.com is a private company founded in November 2000.

For more product info call: 713 532 4290, or go to www.1RealtyCenter.com.

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