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Jato Communications Corp., a Denver-based high-speed Internet access and applications company, was selected as the exclusive provider of digital subscriber line (DSL) service by Metrolist, Inc., a Colorado corporation jointly owned by the six metro Denver Area Boards and Associations of REALTORS. According to the exclusive one-year agreement, Metrolist will resell Jato's business-grade digital subscriber line (DSL) service to Metrolist member Brokers and Owners. The "always-on" service will give real estate professionals a competitive edge with fast access to Internet-enabled tools, including: MYmls.com, improved research capability, enhanced presentations, virtual tours, loan options, and title information.

DSL is a digital connection that transmits data up to 100 times faster than dial-up Internet access over existing phone lines. Unlike traditional dial-up access, DSL service is "always on," saving time by enabling business customers to get fast, secure connections without interruptions and busy signals.

"The real estate industry is at the beginning of a momentous shift that will impact how consumers and Realtors work together to buy and sell homes. It started with the move from printed MLS books to dial-up access to point and click Internet graphics. Now by solving the slow connection speed issues with DSL, we can accelerate our development of powerful on-line tools," said Dana Bennett, Metrolist director of marketing. "Many are predicting that the entire transaction will eventually be conducted on-line." Metrolist currently provides competitive tools to more than 3,800 Broker offices and 14,000 real estate professionals in the Denver metro area,

"In a recent interview, entitled 'Building the Future,' in the January issue of Realtor Magazine, Dennis Cronk, president of the National Association of Realtors, said, "A top priority for 2000 will be helping real estate professionals recognize and embrace technology as a vital business tool that can help boost their bottom line. The industry is springing forward into Web- based transaction platforms and networks are facilitating on-line transaction management. Electronic transaction closings are probable in the near future. Any real estate professional today who hasn't made a commitment to technology has, by default, made a commitment to retire."