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Among the country's biggest multiple listing services is now sharing noting details with a lots other MLSs across the nation through a tool from property info and technology company Core, Logic. Lisle, Ill.-based Midwest Realty Data (MRED) serves almost 40,000 members belonging to 12 Realtor associations in the Chicago metro area.
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MRED contributes almost 66,000 listings to MLS Data Co-Op. Through these agreements, MRED members are seeing another 257,000 listings, MRED told Inman News. Data Co-op also provides property information and reports such as Genuine, AVM assessments, tax records, listing history, close-by schools, neighborhood information, community demographics, property patterns and foreclosure details in a combined control panel view for each listing.
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MRED initially presented the data-sharing tool a year ago, utilizing it only for its own listing data initially. Now, partnerships with other MLSs like the Houston Association of Realtors, My Florida Regional MLS and the Greater Las Vegas Association of Realtors suggest MRED's members can search and view listings and public records from other MLSs across the country.
"It is a priority for MRED to improve our consumers' capability to have access to the very best information, increase their business and develop networks with other experts around the nation," stated MRED CEO Russ Bergeron in a statement. "We see the MLS Data Co-Op as one of the most efficient ways we can support our brokers and their associates." The 12 MLSs are: Real Estate Agent Association of Citrus County (Florida) Daytona Beach Location Association of Realtors (Florida) Greater Las Vegas Association of Realtors (Nevada) Greenville Pitt Association of Realtors (North Carolina) Houston Association of Realtors (Texas) My Florida Regional MLS North Carolina Mountains MLS New Smyrna Beach Board of Realtors (Florida) Realcomp (Detroit) Miami Association of Realtors (Florida) SIRMLS (Illinois) Western Arizona Realtor Data Exchange Because a lot of those markets remain in the Sun Belt, MRED promoted the agreements as a method to help its members discover winter villa for their clients.
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MLS Data Co-op is one of more than 20 product or services MRED provides its clients. In Check For Updates , MRED won an Inman News Innovator Award for Many Ingenious MLS or Property Trade Association. In Might, Core, Logic revealed that more than 100 MLSs across the country had registered to take part in MLS Data Co-Op.