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RESAAS Services Adds Portland's Taylor Group Realty To Social Networking Platform

RESAAS Services (CNSX:RSS) has now added Portland-based Taylor Group Realty to its social network platform for real estate professionals, extending its reach on the West Coast.

Taylor Group Realty boasts a team trained with experience in all aspects of new construction, development, residential resale, investment properties, and commercial real estate, according to a company statement.

"We are looking forward to joining the RESAAS community," said Michael Babbitt, Owner/Broker at Taylor Group Realty. "RESAAS creates fantastic communication within our firm and will give our agents the opportunity to market themselves in a forward-thinking manner."

RESAAS's social network is designed to allow real-time updating of property listings as well as the ability to sync with social media sites such as Facebook (NASDAQ:FB) and Twitter.

Known as real estate broadcasts, RESAAS' reblasts engine automatically generates all of an agency's real estate workflow into social content that is instantly pushed out to the RESAAS platform and other social networks.

The company has so far made significant headway in the West, just last week signing L.A Lofts Realty and Realty Executives Coast & Country, which covers the areas of Riverside and San Diego County.

Since opening for business in January, RESAAS has added firm after firm, bringing in Southern California-based Summit Realty Group, Star Real Estate, Modern Realty, Vernazza Realty, Parker Properties, OC Homes Realty, Century 21 Showcase and Century 21 Adobe Realty - all in California, to name a few.

Under the deal with Portland-based Taylor Group Realty, every agent will receive his or her own corporate branded agent page, while the firm will also have its own news page in order to broadcast information and remain in constant contact with its members.

"Michael Babbitt, Owner/Broker of Taylor Group Realty, realizes that social networking is the new frontier for his agents to procure more business," said VP of sales at RESAAS, Padraig Cullen.

"RESAAS is very pleased to be working with Taylor Group Realty, a recognized leader in the Portland, Oregon region."

Since RESAAS made its debut on the Canadian National Stock Exchange in February 2011, its stock has more than quadrupled in value, and is currently trading at $1.10, with around 28.1 million shares outstanding.

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.