CoreLogic and Houston Association of Realtors Extend Data Licensing Agreement
Email Dan Smith
August 02, 2010, Santa Ana, California –
CoreLogic (NYSE: CLGX), a leading provider of information, analytics and business services, today announced that it has renewed and expanded its longstanding data licensing agreement with the Houston Association of REALTORS® (HAR).
The agreement extends the permitted uses of HAR’s listing data beyond automated valuation models (AVMs) to other risk management solutions. Under the agreement, HAR will also join the CoreLogic MarketLinx Data Co-op, which facilitates the sharing of real estate listings with other multiple listing services (MLSs) around the country, and will provide its members with CoreLogic MLS-enhanced AVMs through the MarketLinx TEMPO MLS system.
“We have been licensing data to CoreLogic since 1999 and it has been a very beneficial relationship,” said Margie Dorrance, chair of the board of the Houston Association of REALTORS®. “We are pleased to extend our partnership with CoreLogic and are confident in their ability to represent our interests.”
“We are privileged to serve Houston and to be entrusted with this responsibility,” said Ben Graboske, chief executive officer of CoreLogic MarketLinx. “Tremendous opportunities exist for MLSs that want to derive more value from their listing data. As the world’s largest MLS technology provider, we have a vested interest in helping MLSs succeed and the resources to keep their data safe. The trust that our customers place in us is one of our most important assets.”
CoreLogic is a leading provider of consumer, financial and property information, analytics and services to business and government. The company combines public, contributory and proprietary data to develop predictive decision analytics and provide business services that bring dynamic insight and transparency to the markets it serves. CoreLogic has built the largest and most comprehensive U.S. real estate, mortgage application, fraud, and loan performance databases and is a recognized leading provider of mortgage and automotive credit reporting, property tax, valuation, flood determination, and geospatial analytics and services. More than one million users rely on CoreLogic to assess risk, support underwriting, investment and marketing decisions, prevent fraud, and improve business performance in their daily operations. Formerly, the information solutions group of The First American Corporation, CoreLogic began trading under the ticker CLGX on the NYSE on June 2, 2010. The company, headquartered in Santa Ana, Calif., has more than 10,000 employees globally with 2009 revenues of $2 billion. For more information visit www.corelogic.com.
CoreLogic, MarketLinx and TEMPO are registered trademarks of CoreLogic.