Southwest Florida Realtor Associations Launch MLS Data Sharing Initiative Using Data Co-op by CoreLogic

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January 07, 2013, Irvine, Calif. –

—Data Sharing Solution Leverages Support for New RESO Data Dictionary—

 

CoreLogic® (NYSE: CLGX), a leading provider of information, analytics and business services, today announced that four major REALTOR® organizations in Southwest Florida have launched a multiple listing service (MLS) data sharing initiative using MLS Data Co-op by CoreLogic. Representing a combined 11,500 real estate professionals, the cooperating organizations include the Bonita Springs-Estero Association of REALTORS®, the Cape Coral Association of REALTORS®, the Naples Area Board of REALTORS® and the REALTOR® Association of Greater Fort Myers and the Beach.

“Southwest Florida has always had significant market overlap, with many real estate professionals needing to belong to multiple associations to do business,” said Marion Briggs, president of the REALTOR Association of Fort Myers and the Beach. “Using MLS Data Co-op, we have now created a data sharing environment that gives our members easy access to listing and property data from neighboring markets and the tools to leverage that information for the benefit of their customers.”

CoreLogic continues to enhance the capabilities of MLS Data Co-op since launching the system in 2010, and recently added support for the Real Estate Standards Organization (RESO) expanded data set and new Standard Names. The number of fields supported by MLS Data Co-op has grown from 200 to more than 600, including many fields key to the Southwest Florida real estate market.

“We selected MLS Data Co-op because it has both the functionality and the rich data set we need,” said Christine Bauder, association executive for the Bonita Springs-Estero Association of REALTORS. “MLS Data Co-op provides a quick and efficient data sharing solution that is directly accessible from our MLS system. It also gives our members access to valuable CoreLogic property information and reports like RealAVMTM, an automated valuation model enhanced with our own MLS data. Best of all, our members can access MLS Data Co-op from virtually any computing platform they want, including popular devices like the iPad®.”

“CoreLogic has been actively involved in RESO for many years and has helped guide the development of the current data standards,” said Ben Graboske, senior vice president of Real Estate and Financial Services, Data and Analytics Segment for CoreLogic. “The MLS Data Co-op has achieved success by using a standards-based approach to the aggregation of MLS data and other diverse property information, and by overlaying the combined data set with unique CoreLogic reports and analytical tools. We are simply thrilled to see the MLSs of Southwest Florida using our MLS Data Co-op solution.”

About CoreLogic

CoreLogic (NYSE: CLGX) is a leading property information, analytics and services provider in the United States and Australia. The company’s combined data from public, contributory, and proprietary sources includes over 3.3 billion records spanning more than 40 years, providing detailed coverage of property, mortgages and other encumbrances, consumer credit, tenancy, location, hazard risk and related performance information. The markets CoreLogic serves include real estate and mortgage finance, insurance, capital markets, transportation and government. CoreLogic delivers value to clients through unique data, analytics, workflow technology, advisory and managed services. Clients rely on CoreLogic to help identify and manage growth opportunities, improve performance and mitigate risk. Headquartered in Irvine, Calif., CoreLogic operates in seven countries. For more information, please visit www.corelogic.com.

CORELOGIC, the CoreLogic logo, MLS Data Co-op and RealAVM are trademarks of CoreLogic, Inc. and/or its subsidiaries. iPad is a registered trademark of Apple Inc. All other trademarks are the property of their respective owners.