RealPrompt, headquartered in the Multimedia Gulch south ofMarket, is currently beta testing the program and expects roll outto the general public later this year. In a press release, CEO MoBarzegar stated, "We are currently talking to several otherbrokerage and investment firms and will be making additionalannouncements in the coming months."

The three companies who have signed on are members of theColliers family. Colliers International Partnership specializes inbuying, selling and leasing prime office space. Colliers Bennett& Kahnweiler focuses on industrial brokerage, corporateservices and property management in the Chicago area.Minnesota-based Colliers Towle specializes in appraisal, brokerageand management services.

Lauded by many, including Banc of America Securities forcreating the first online system for managing entire transactions,the RealPrompt system is attempting to shorten the time frame ittakes to make a deal. Where real estate e-commerce sites havefocused on getting buyers and sellers to the table, RealPromptplans to streamline the entire process, from broker selection anddeal negotiation to due diligence and closing.