MRED Blog

REinventing MLS . . .

Category Archives: connectMLS

Wait… what’s the MRED PLN again?

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Midwest Real Estate Data is dedicated to working for the greater good of real estate brokers both individually and collectively.

The connectMLS Private Listing Network (PLN) is a key piece of that goal.

Launched in 2016, the PLN benefits brokers on a personal level as it provides a way to pre-market “coming soon” listings that might just be a coat of paint or the right photo away from being ready to share with the world. It’s also good for the industry and keeps brokers relevant by retaining inventory in the hands of brokers so they are the first to know about listings for sale.

If you haven’t used the PLN yet, this spring season is a great time to start! Make sure you’re searching from the 1,800 listings currently in the PLN.

Using the PLN gives your properties more time in front of 40,000 real estate professionals without accumulating market time as you get the listing ready.

More benefits and details of the PLN:

  • No price is necessary; you can feel out the market using a price range
  • Only a select few fields are required
  • Listings in the PLN do NOT appear in Standard Listing Network (SLN) search results
  • PLN listings are NOT sent to third-party portals nor are they part of IDX/VOW listing distribution
  • PLN listings are NOT included in emails to clients through connectMLS
  • You can attach broker-only comments on the PLN listing (date available for showing, etc)

Inputting a listing in the PLN also saves you time, as you can create an SLN listing draft directly from the PLN and work on it from there. Once the draft is ready, you can publish it into the SLN without having to create a new listing or cancel the PLN listing, it will automatically reflect that it’s been transitioned. However, listings aren’t moved out of the PLN until they’ve been activated in the SLN.

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It’s also important to remember the PLN rules and regulations. Just like with the SLN, you must have a signed agreement for any properties placed in the PLN. Listings must be entered into the PLN or SLN within 72 hours of the listing agreement or within 24 hours of advertising to the general public, whichever comes first. This advertising includes for sale signs, public-facing websites, and print media.

The PLN offers many benefits, whether you’re a listing agent looking to generate buzz about new construction months away from completion or a buying agent always wanting to stay one step ahead of your clients, take advantage of this resource today!

For more information on the PLN, watch this video overview or contact MRED’s Help Desk at 630-955-2755 or help.desk@MREDLLC.com.

 

When You Display Affordability on Your MLS Listings, Great Things Happen…

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More than 11,000 MRED Agents are gearing up for Spring market with RatePlug

RatePlug lets you share home payment affordability factors directly to your clients within listings. This can get your buyers to start asking questions about their financing earlier to help avoid issues such as failed closings.

  • •Displays only your trusted lending sources
  • •Displays calculations based specifically on the listing being viewed
  • •Delivers interactive, real-time mortgage programs, payments, and qualifying information to the agent’s clients
  • •Identifies special financing options available (FHA, VA, USDA, etc.)
  • •Includes Property Flyer Program for your listings.

Click here to learn more or sign up for this tool that is included for FREE as part of your core MLS Subscription!

MRED Continues to Meet the Standards

Chicagoland MLS Giant Now Certified on latest version of RESO Data Dictionary

LISLE, ILLINOIS (APRIL 13, 2015) – Midwest Real Estate Data (MRED), Chicagoland’s multiple listing service (MLS), has announced that the Real Estate Standards Organization (RESO) has certified MRED for RESO Data Dictionary 1.3.

RESO is an organization that develops, adopts and implements open and accepted data standards and processes across all real estate transactions and provide an environment for the development and implementation of data standards and processes. RESO’s Data Dictionary serves as the real estate industry’s “Rosetta Stone” for real estate data. While hundreds of MLSs and other source providers gather data, the Data Dictionary ensures that each system “speaks” the same language.

As MLSs across the industry adopt RESO standards, the industry will move towards an environment where real estate software becomes plug-and-play. Realtors® will be able to purchase off the shelf software and it will plug into any MLS that has implemented RESO standards.

This is quite different than the state of the industry today, where it is extremely hard for new software to be used from one market to the next. It will be easier for real estate professionals to use MLS data in the products that they choose. They will have better options and the data that flows through their systems will be more accurate because the Data Dictionary negates the need for translation from one system to the next. RESO standards give more options and control to Realtors®.

MRED’s commitment to RESO is evidenced by being its first Charter Member and its continued participation in and support of data standardization efforts. These efforts are important to MRED customers, the real estate industry in general, and the consumer. MRED and other organizations that maintain these standards can more easily exchange information without degrading or losing data, resulting in more accuracy and less cost. New applications and services are developed because there is a wider audience to offer them to.

dynaConnections, MRED’s MLS vendor, also has a strong commitment to RESO. As another Charter Member of the organization, dynaConnections dedicates significant resources and time to remain on the front line of RESO initiatives. Technologists from both MRED and dynaConnections have worked closely to attain not only the Data Dictionary 1.3 certification but also to maintain MRED’s Real Estate Transaction Standard (RETS) Server certification.

“We’re proud supporters of RESO and firm believers in the long-term power in its mission,” said dynaConnections CEO, Tim Ford. “The organization is making great strides towards bettering the industry, and we’re happy to contribute in any way possible”.

“I have a deep commitment to RESO, having served as its Board Chair for four years,” said MRED President and CEO Rebecca Jensen. “RESO is important to me and to MRED. We will continue to support the setting of standards, and the providing of data and tools needed to meet the demands of real estate professionals and consumers alike.”

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 for two years running according to the WAV Group MLS Technology Survey. MRED is the 2013 Inman News Most Innovative MLS/Real Estate Trade Association, and for four consecutive years the MRED Help Desk has been identified as one of the best small business centers in the United States and Canada by BenchmarkPortal. For more information please visit MREDLLC.com.

About dynaConnections Corporation and connectMLS™

dynaConnections Corporation is an Austin-based real estate software company that is renowned for constant innovation and dedication to service. Its flagship product, connectMLS™, is a patent-pending, one-of-a-kind multiple listing service solution that is second to none with millisecond response time and ease of access on all devices and web browsers. Rich embedded features and seamless integrations allow connectMLS to be an intuitive, all-in-one real estate transaction manager for both agents and clients. For over thirteen years, dynaConnections and the connectMLS solution have been continually exceeding all standards of what the real estate industry expects from an MLS provider. For more information, visit: http://www.dynaconnections.com.

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dynaConnections and connectMLS™ are registered trademarks of dynaConnections Corporation. All other company and product names may be trademarks of the respective companies with which they are associated.

MRED Real Estate Agents Going Global

LISLE, ILLINOIS – August 28, 2014 – Midwest Real Estate Data LLC has opened another door for its real estate professionals by providing the capacity to market and facilitate international real estate transactions easily in their MLS. The latest update to their award-winning solution, connectMLS, was just released, and includes the ability to add and manage listings located outside of the United States.

In response to a recent increase in real estate transactions abroad, MRED collaborated closely with dynaConnections Corp. (provider of connectMLS) to create custom International Listing functions that allow their customers to work with intercontinental clients and their properties. With this new function, MRED real estate professionals now have an opportunity to access the global growing market of real estate transactions through a fast, secure, and mobile-friendly MLS solution, connectMLS.

“MRED continues to grow and expand how it serves its customers,” said Jeff Gregory, MRED Chairman of the Board.  “Real estate has gone global, and there is no better way for us to support our real estate professionals than to give them the best functionality for international listings in our connectMLS system.  Kudos to MRED staff and dynaConnections for delivering yet again, and providing a most effective way for properties to be marketed and found in our MLS.”

About dynaConnections Corporation and connectMLS™

dynaConnections Corporation is an Austin-based real estate software company that is renowned for constant innovation and dedication to service. Its flagship product, connectMLS™, is a patent-pending, one-of-a-kind multiple listing service solution that is second to none with millisecond response time and ease of access on all devices and web browsers. Rich embedded features and seamless integrations allow connectMLS to be an intuitive, all-in-one real estate transaction manager for both agents and clients. For over thirteen years, dynaConnections and the connectMLS solution have been continually exceeding all standards of what the real estate industry expects from an MLS provider. For more information, visit: http://www.dynaconnections.com.

About Midwest Real Estate Data LLC

Midwest Real Estate Data (MRED) (http://www.mredllc.com) 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 for two years running according to the WAV Group MLS Technology Survey.  MRED is the 2013 Inman News (http://www.inman.com) Most Innovative MLS/Real Estate Trade Association, and for four consecutive years the MRED Help Desk has been identified as one of the best small business centers in the United States and Canada by BenchmarkPortal (http://www.benchmarkportal.com).  For more information please visit MREDLLC.com.

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dynaConnections and connectMLS are registered trademarks of dynaConnections Corporation. All other company and product names may be trademarks of the respective companies with which they are associated.

MRED and dynaConnections Sign Agreement to Continue Their Decade-Long Partnership

LISLE, ILLINOIS (August 12, 2014) – dynaConnections Corp., leading provider of the innovative connectMLS multiple listing service solution, signed a multi-year renewal agreement on Thursday, July 31 to provide connectMLS to Midwest Real Estate Data LLC (MRED). After celebrating ten years of partnership with MRED in December 2013, dynaConnections will continue to provide connectMLS for another complete term. connectMLS is a fully customizable MLS solution that offers a rich set of intuitive features and tools, such as all-in-one transaction management and embedded fill-able Forms, and is compatible on any web browser, platform, and mobile device.

“Our mission is to provide the very best MLS to our customers,” said Jeff Gregory, Chairman of the Board for MRED. “We have succeeded thanks in large part to dynaConnections, whose staff has been relentless in delivering an MLS solution that is unsurpassed in the industry. In fact, connectMLS has been the top-rated MLS system in the country for two years running according to the WAV Group MLS Technology Survey. Their customer service and responsiveness to our staff is top-notch. We are thrilled to continue this great relationship with Tim Ford and his staff.”

Ford, CEO of dynaConnections echoed the sentiment by explaining, “We’re glad to continue serving and working with MRED. Their staff and membership share our constant push for innovation, and embrace our drive to surpass what the real estate industry expects of its MLS solution provider. We look forward to seeing what new achievements we can reach together.”

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 for two years running according to the WAV Group MLS Technology Survey. MRED is the 2013 Inman News Most Innovative MLS/Real Estate Trade Association, and for four consecutive years the MRED Help Desk has been identified as one of the best small business centers in the United States and Canada by BenchmarkPortal. For more information please visit MREDLLC.com.

About dynaConnections Corporation and connectMLS™

dynaConnections Corporation is an Austin-based real estate software company that is renowned for constant innovation and dedication to service. Its flagship product, connectMLS™, is a patent-pending, one-of-a-kind multiple listing service solution that is second to none with millisecond response time and ease of access on all devices and web browsers. Rich embedded features and seamless integrations allow connectMLS to be an intuitive, all-in-one real estate transaction manager for both agents and clients. For over thirteen years, dynaConnections and the connectMLS solution have been continually exceeding all standards of what the real estate industry expects from an MLS provider. For more information, visit: http://www.dynaconnections.com.

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dynaConnections and connectMLS are registered trademarks of dynaConnections Corporation. All other company and product names may be trademarks of the respective companies with which they are associated.

MRED Responds to Its Customers with Responsive Design

Chicagoland MLS Delivers Consumer Web Pages Fit for Any Device

responsive designLISLE, ILLINOIS (June 18, 2014) – Every month Midwest Real Estate Data (MRED), the Chicagoland multiple listing service (MLS), reviews how many people are accessing their property database. Early on, MRED realized how prolific the use of mobile devices was among both Realtors® and consumers. With that in mind, MRED today rolled out phase one of its project to deliver MLS data and services in a more mobile friendly manner. The result being that Consumer Web Pages, the method through which Realtors® collaborate with their clients via the MLS system, can now be delivered in a format utilizing responsive web design (RWD) – a method that creates dynamic changes to the appearance of a website, depending on the screen size and orientation of the device being used to view it.

MRED research revealed that of those consumers receiving property listings from their broker, nearly 50% use a mobile device with which to view them. In April alone, close to one million accesses to Consumer Portals were made via iPhones. These numbers are staggering, and will only increase as the mobile web overtakes desktop and laptop computers.

MRED, in partnership with dynaConnections, Inc., creators of connectMLS™, MRED’s core MLS system, has committed to making connectMLS more “mobile friendly”. With the responsive web design approach MRED will deliver a user experience that provides an optimal viewing experience on all devices. The result is that it will be easier to read and navigate, with a minimum of resizing, panning and scrolling.

Migrating to responsive design is a massive undertaking. The plan is for MRED and dynaConnections to transition in stages – prioritizing those system features that get the most use allowing for the introduction of useful modifications to the MLS system over time, rather than waiting for the completion of an entire overhaul.

“MRED is thrilled to introduce this latest enhancement to our customers,” said Russ Bergeron, MRED President and Chief Executive Officer. “Whenever we can make it easier and more convenient for our customers to be able to communicate with their clients, we feel we have accomplished one of our major goals – the facilitation of real estate transactions. Every day we strive to take MRED to the highest level – this latest achievement and our continued efforts in this area are obviously a high priority for MRED and dynaConnections.”

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 for two years running according to the WAV Group MLS Technology Survey. MRED is the 2013 Inman News Most Innovative MLS/Real Estate Trade Association, and for four consecutive years the MRED Help Desk has been identified as one of the best small business centers in the United States and Canada by BenchmarkPortal. For more information please visit MREDLLC.com.

About dynaConnections Corporation

dynaConnections Corporation is an Austin-based company that is renowned for its constant innovation and dedication to service. dynaConnections provides an MLS solution, connectMLS™, that is second to none with its millisecond response time and ease of access via all browser platforms. connectMLS™ is created to be both powerful and easy to use, and exceeds all standards of what the real estate industry expects from their MLS provider. For more information, visit dynaconnections.com.