REinventing MLS

Recent MRED upgrades: Private listings, electronic earnest money and more!

MRED values feedback! Every subscriber can help improve the MLS for all. We’ve used input from real estate professionals just like you to make search and listing input work better for you, as well as Private listing updates and and the introduction of electronic earnest money.

Private listings

Private listings are now a more seamless part of your daily workflow. MRED rolled out several updates to Private listings to enhance how you can handle private listings in the MLS:

Easily share private listings with your clients through connectMLS.

  • MRED subscribers will no longer have to manually screenshot, PDF and then email private listings to share with clients. Private listings designated as shareable will be able to be sent to clients directly through connectMLS.

Use added private listing statuses, including active and contingent.

  • This update will create better transparency regarding where a listing is in the transaction process.

Search all listings at once, including private listings.

  • You’ll save time searching by being able to browse private listings in the same searches as all other active listings.

Electronic earnest money

Click on the “Send Electronic Earnest Money” link under Additional Info on an active listing to get started. No need to log in or sign up!

If your Broker or Title Company is not on the list of registered Trust Accounts, encourage them to sign up at this link so you can easily route earnest money to their account.

You’ll love electronic earnest money because:

  • It’s more secure than a paper check.
  • It’s simple and convenient for you and your buyer.
  • You don’t have to spend time and money driving around to pick up checks.
  • You can see the real-time status of every payment request.

Click here to get started in three easy steps

Click here to read the FAQs

Click here to sign up for a live demo, 9 a.m., Wednesday, May 26

Watch a video on using TrustFunds

iHomefinder IDX Products Webinar for MRED Subscribers

Date: Thursday, November 3

Time: 11:00 – 11:45 AM CDT

Are you looking for ways to accelerate your growth? Look no further than iHomefinder IDX products!

iHomefinder is the preferred IDX product provider for MRED, offering IDX products that have helped fuel the success of thousands of agents and brokers for more than 20 years.

As an MRED subscriber, you have access to iHomefinder IDX products with special pricing through the MRED products store.

This webinar, hosted by iHomefinder product specialists, is your chance to learn about all the powerful benefits iHomefinder IDX brings to your business, including:

  • Attracting more new prospects
  • Converting site visitors into active leads
  • Engaging your leads with automation
  • Building more repeat business
  • Working more efficiently

You’ll also get tips you can put to work right away and a chance to ask questions in an interactive Q&A session.

Account Options

No matter where you are in your real estate career, there’s an iHomefinder IDX product built for you. You’ll learn about the options for adding an account to your own website or getting a ready-to-use real estate website with iHomefinder IDX built-in.

Save your spot today!

Click here to register

Questions? Contact iHomefinder at or 866-700-8855 x2.

Nearly 3,000 open houses hosted in MRED’s marketplace

MRED’s marketplace saw 2,997 residential open houses last week. That total was an 8% week-over-week increase. It was also the second-largest weekly open house total of the last three months.

Click here to see the full weekly market snapshot.

Residential sales price drops, still outpaces 2021 levels

The median sales price in MRED’s residential marketplace was $274,900 last week, a 1% week-over-week decrease.  That mark was the lowest total since mid February, but still bested last year’s total during the same span by 3%. 

Click here to see the full weekly market snapshot.

New listings reach nine-week high

New residential listings in MRED’s marketplace registered a 3% week-over-week increase during October’s first full week. This bump marked the first time since mid July that new listing totals rose in two consecutive weeks. Last week’s total still fell short of last year’s mark during the same span by 8%.

See the full weekly market snapshot.

Marketplace inventory hits four-month low

A total of 47,431 listings were active in MRED’s marketplace last week. That total was a 2% week-over-week decrease and the lowest mark since early June. This comes just six weeks after the marketplace hit the high point of the year at 49,535 active listings.

Click here to see the full weekly market snapshot.

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