CoreLogic Introduces the Next Generation of Realist
Email Dan Smith
November 05, 2010, Santa Ana, Calif. –
––Industry-Leading MLS Enhancement Adds Property Centric Data, Advanced Mapping, Custom Configuration and Market Analysis and Trends––
CoreLogic (NYSE: CLGX), a leading provider of information, analytics and business services, announced today the release of the next generation of Realist, its flagship technology platform that already serves more than 500,000 members of the Multiple Listing Services (MLS) market.
With a nationwide database covering 100 percent of U.S. counties, municipalities and special tax districts, Realist combines comprehensive geographic coverage with new ways to view data, enhanced marketing tools, and better ways to handle sales and market analysis. Realist seamlessly supports MLS systems, enhancing it with data and analytics that allow real estate agents and brokers to go beyond listings with expanded, detailed property and ownership data.
“The New Realist offers so much more flexibility, customization, and professional quality reporting capabilities than the previous version,” said Richard B. Renton, Jr., executive vice president and CIO for Triad Multiple Listing Service, Inc.
“Realist not only fully utilizes the wealth of data from both the MLS and CoreLogic databases, but also has an intuitive interface that we designed to operate the way real estate agents actually work,” Said Ben Graboske, senior vice president, Product and Technology, Data and Analytics Group, for CoreLogic.
The new Realist has been completely redesigned using Adobe Flex to offer more features, a dynamic user experience and increased customization. It continues to provide best-in-class property, ownership and market-trend information that has made Realist from CoreLogic the industry leader with more than 500,000 users.
New features include:
- Property Centric Data: Traditionally, data from the MLS and the public record databases would be gathered and reported through separate applications. Realist streamlines this process to allow agents to save time by conducting a single property search and viewing results consolidated from both the public record and MLS data. User can now view detailed property reports containing public record information supplemented with MLS listing history, photos, and sales information.
- Advanced Mapping: With this feature, Real Estate agents can begin their search using the map and “see” the results for individual properties or neighborhoods, highlighting information such as parcel boundaries, active listings, recent sales, pending foreclosures, color-coded trend information, and schools.
- Custom Configuration: Administrators and users can create custom search forms and results grids to suit their needs, whether that is conducting a general property search, a foreclosure search, or creating a marketing list. Further, users will be able to select a search region to conform to their territory even if that covers multiple counties. Realist has been redesigned to fit the use and style of users rather than forcing them to adapt to the application.
- Market Analysis/Trends: The combination of public record and MLS listing data allows Realist to deliver comprehensive trend reports that reflect current and historical market performance. This is especially important to help agents communicate raw data to clients in an easy to understand format. Using charts, graphs, and detailed descriptions Realist provides market information at the county, city, zip, or neighborhood level including market conditions (number of active listings, sale price as a percentage of list price, sales rate, etc), distressed properties (number and percentage of homes in foreclosure, percentage of REO, auction, and default properties), and market financial health (median loan-to-value, number and percentage of homes with negative equity).
To learn more about the new Realist, please visit www.realist.com.
CoreLogic and Realist are trademarks of CoreLogic, Inc. The names of other companies and products mentioned herein are the trademarks of their respective owners.
CoreLogic (NYSE: CLGX) 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 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.