MRED Blog

REinventing MLS . . .

Monthly Archives: July 2013

Midwest Real Estate Data LLC® Executes Data License Agreement with Realtors Property Resource®

FOR IMMEDIATE RELEASE

Jul. 31, 2013LISLE, Ill.Midwest Real Estate Data LLC (MRED) announced today that it has executed an agreement with Realtors Property Resource, LLC, a wholly owned subsidiary of the National Association of REALTORS®, to integrate MRED’s licensed MLS data with RPR’s national property database and website for their REALTOR® members.

“At MRED we strive to offer technological solutions to our customers that not only provide them with enhanced property information, but simultaneously promote professionalism to their clients and prospects,” said Russ Bergeron, MRED CEO. “RPR fits the bill on both counts. We look forward to having the full functionality of RPR available to all of our REALTOR® customers as soon as possible.”

“The RPR Application was created as a national database designed to work in cooperation with MLSs and Associations across the country,” says RPR CEO, Dale Ross.  ”RPR’s parcel centric data base aggregates valuable data sets on over 160 million properties in the U.S. including tax assessment, public records, mortgages and liens, schools, flood maps, aerial and geo-point imagery and foreclosure data.  RPR’s value proposition for MRED’s REALTOR® members is to aggregate that data with the local active and off market property information provided by MRED and repurpose that into high value features reports and valuation tools for REALTORS® to use with their clients and customers.  We are truly grateful to MRED’s staff and leadership for their support and acknowledgement of RPR’s member benefit.”

About RPR

Realtors Property Resource® (RPR®), a wholly owned subsidiary of the National Association of REALTORS®, is an exclusive online real estate database providing REALTORS® with the analytical power to help their clients make better informed decisions while increasing efficiency in the marketplace. For more information about RPR, visit: http://blog.narrpr.com.

About MRED

Midwest Real Estate Data (MRED) is the real estate data aggregator and distributor providing the Chicagoland multiple listing service (MLS) to nearly 40,000 brokers and appraisers and 8,000 offices.  MRED serves Chicago and the surrounding “collar” counties and provides property information encompassing northern Illinois, southern Wisconsin and northwest Indiana.  MRED delivers over twenty products and services to its customers, complementing connectMLS™, the top-rated MLS system in the country per the latest WAV Group MLS Technology Survey.  For more information please visit MREDLLC.com.

How Many MRED Users Login to connectMLS From a Mobile Device?

Of MRED’s 36,000-plus users, how many login to connectMLS from a mobile device? And how do those numbers compare with past years? Click on our infographic below to find out:
By the numbers
Article and Infographic via Chicago Agent Magazine

Millennial Home Buyers [Infographic]

Chicago’s Newest Real Estate Data Was Delivered by Happy, Dancing Elves

A chart of median home prices

Graphic: Courtesy of MRED LLC

The most precise local housing market data for the first half of the year arrived Tuesday, and it’s full of good news. Foreclosures and short sales are taking up less room in the market, the gaps between what sellers think they can get for their homes and what they can actually get is narrowing, prices are up, birds are singing, and rainbows are shining.

The report, produced by Midwest Real Estate Data LLC, shows that in the first six months of the year, the Chicago-area real estate market’s recovery finally kicked in for real—even if it came many months behind the recovery in several other big cities.

Read the full article from Chicagomag.com to learn all about the great real estate market

Midwest Real Estate Data LLC (MRED) Wins Inman Innovator Award at Real Estate Connect Conference

MRED Recognized as Most Innovative Multiple Listing Service

LISLE, ILLINOIS (July 15, 2011) – Inman News™ (Inman) has announced its 2013 Innovator Awards winners, and Midwest Real Estate Data (MRED), Chicagoland’s multiple listing service (MLS), was recognized as Most Innovative in the MLS or Real Estate Trade Association category.

Inman News created the Innovator Awards in 1997 to honor the real estate companies, technologies, services and individuals who have propelled the real estate industry forward by improving the real estate transaction process for both consumers and real estate professionals.  MRED was honored along with nine other companies and individuals in categories ranging from Most Innovative Real Estate Agent to Most Innovative Use of a New Technology.  The awards were announced Friday at the Real Estate Connect Conference in San Francisco.

“It is thrilling that MRED is the recipient of such a great honor within our industry,” said MRED President Rob Schaid.  “I congratulate our CEO and fantastic staff, who should all be very proud to receive this level of recognition.”

“On behalf of MRED, thank you to the Inman News review team for selecting us as one of the 2013 award winners,” said MRED CEO Russ Bergeron, himself an Inman Innovator of the Year award recipient in 1998.  “There were many great organizations recognized as finalists, and it is gratifying for us to be singled out for such a prestigious honor.  Our mission is to reinvent MLS, and being identified as the most innovative means we are on the right track.”

About MRED

Midwest Real Estate Data (MRED) is the real estate data aggregator and distributor providing the Chicagoland multiple listing service (MLS) to nearly 40,000 brokers and appraisers and 8,000 offices.  MRED serves Chicago and the surrounding “collar” counties and provides property information encompassing northern Illinois, southern Wisconsin and northwest Indiana.  MRED delivers over twenty products and services to its customers, complementing connectMLS™, the top-rated MLS system in the country per the latest WAV Group MLS Technology Survey.  For more information please visit MREDLLC.com.

Know the Neighborhood

Adding to Walk Scores recent release of 10,000 new city and neighborhood pages, they have announced two new pieces of local insight: Social Neighborhood Tags and Crime Reports.

Social Neighborhood Tags

For over 3,000 neighborhoods in almost 200 cities we’ve analyzed millions of tweets to let you know what people are talking about and what makes a place unique.

For example, people in Bellevue, Washington are talking about delicious Din Tai Fung dumplings:

Social Neighborhood Tags

Social Neighborhood Tags for Bellevue, WA

People in the North End of Boston are talking about the Bruins (and oysters)!

Social Neighborhood Tags for the North End, Boston

Social Neighborhood Tags for the North End, Boston

Crime Reports and Maps

Today we’re also launching Crime Reports in Seattle, San Francisco, and Chicago with more cities on the way soon.

Crime is complex.  Other real estate sites have crime maps that look like population maps.  They simply show you that more crimes are reported where there are more people. This can be misleading since it doesn’t tell you anything about your odds of being a victim of a crime — and this can makes cities, especially downtowns, look less safe than they really are.

Today we’re launching the first crime statistics that let you accurately compare crime at the neighborhood level.  Our crime data comes directly from police departments that release geotagged reports for every crime in a city.

In order to provide apples-to-apples comparisons between neighborhoods, we normalize our crime statistics by how many people live and work in the neighborhood and weight crimes according to severity.  This allows you to assess your individual crime risk.  For example, a downtown may have a lot of reported crime, but if it has a large number of residents and workers, your individual risk may still be low.

Crime Reports for Fremont, Seattle

Post via Walk Score