A method and system is provided for tracking real estate transactions via the Internet and other networked devices. The method includes the steps of receiving and storing in a computerized database initial data inputs from buyers, sellers, and real estate agents and other vendors relating to identifiable pieces of real estate. In the next step, database files are established for these identifiable pieces of a transaction and these files are organized according to each contact. Throughout the transaction, information is continuously being received and stored into the database file from the contacts after a task is completed of the tasks required to be completed. As this information is received, the system calculates a contact progress and a buyer/seller progress and progress of the transaction is graphically communicated to the contacts in the form of a contact progress bar and a buyer/seller progress bar.