A method and system for processing real estate transactions utilizing a remotely accessible site on a computer network for the transfer of data, information and documents between a purchaser and a vendor. In the preferred embodiment a web site provides a generally accessible portion which allows a purchaser to retrieve unrestricted documentation and/or data relating to the real estate transaction generally, and a plurality of password-protected portions each of which can be accessed only by a purchaser' s lawyer or other representative having a preset password and allows same to retrieve purchaser-specific documentation relating particularly to the respective purchaser' s unit. In the preferred embodiment the method and system of the invention also monitors when documents have been downloaded by each purchaser and flags the vendor' s lawyer if any particular purchaser has not retrieved their documents by a preset time before the closing date.