MLS Data Co-op Gains Momentum
Email Dan Smith
May 09, 2011, Santa Ana, Calif. –
—Contracts signed in first 12 months cover more than one million active listings—
CoreLogic® (NYSE: CLGX), a leading provider of information, analytics and business services, today announced that CoreLogic MarketLinx® has signed agreements over the past year that provide access to the MLS Data Co-op for 51 multiple listing services (MLSs) representing more than 350,000 real estate professionals and a million active listings.The MLS Data Co-op enables data-sharing relationships among MLSs, allowing members to not only access their local MLS data, but to service their clients better by having access to listings in neighboring MLSs and listings in other parts of the country.
Recently, some of the largest MLSs in the country joined the program, including Midwest Real Estate Data, LLC and SoCalMLS. The program is currently rolling out across New England, with major MLSs in New Hampshire, Vermont, Rhode Island, Connecticut and Maine joining and providing the foundation for a regional data sharing network. Major MLSs in Texas have joined, including North Texas Real Estate Information Services, the Houston Association of REALTORS®, Austin/Central Texas Realty Information Service, Corpus Christi Association of REALTORS®, and Greater El Paso Association of REALTORS® providing data sharing opportunities for members across Texas. In Oklahoma, all of the major MLSs have joined the Data Co-op, providing a virtual Statewide data sharing solution.
“For the first time, we are able to easily and cost-effectively share data between MLSs,” said Al Unser, chief executive officer of the Greater Tulsa Association of REALTORS®. “The MLS Data Co-op allows our members to market and access listings throughout Oklahoma and beyond. The system also can be used to search our own listings, giving our members an additional interface to access and view our local MLS data.”
The MLS Data Co-op features an easy-to-use dashboard that allows MLSs to precisely control who can see their data, keeping them at the center of the solution at all times. Listing data is shared using a common, standards-based format that allows participating MLSs to retain the unique data fields that are important to their market. The easy to use dashboards create an agent-to-agent method of sharing listing data across regions.
“The MLS Data Co-op makes it easy for our members to market their listings around the country,” said Irene Vogel, executive officer of the Greater Las Vegas Association of REALTORS®. “There are some incredible real estate opportunities in Las Vegas right now and many agents throughout the United States have clients looking for relocation, retirement or investment properties.”
“We’re delighted with the rapid growth of the MLS Data Co-op,” said Ben Graboske, chief executive officer of CoreLogic MarketLinx. “The MLS Data Co-op enables MLSs to share data with one another on terms that suit each participating MLS. The end result enables greater access to valuable information for members. Best of all, the more MLSs that sign up, the more valuable and attractive the service becomes.”
The MLS Data Co-op is available as a standalone service or through the CoreLogic Partner InfoNet program. Exclusive Partner InfoNet members receive the MLS Data Co-op at no cost. For more information on the MLS Data Co-op, visit www.marketlinx.com or contact your CoreLogic account representative.
About CoreLogic MarketLinx
CoreLogic MarketLinx offers a full range of products and support services to address the information technology needs of the real estate brokerage and multiple listing service (MLS) market segments. The company’s full array of capabilities streamlines the real estate listing, financing and closing processes, resulting in increased efficiency and profitability. MarketLinx provides North America’s leading MLS and real estate software systems, including solutions for broker business management, agent productivity, and MLS data aggregation and distribution. For more information, visit www.marketlinx.com.
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 2010 revenues of $1.6 billion. For more information visit www.corelogic.com.
CoreLogic and MarketLinx are registered trademarks of CoreLogic.RealAVM and Partner InfoNet are trademarks of CoreLogic. All other trademarks are the property of their respective holders.