MRED Blog

REinventing MLS . . .

Tag Archives: Multiple Listing Service

Gen X & Y and Homeownership

Check out this infographic showing what Gen X & Y believe to be indicators of success from KCM Blog.

Donate to NAR’s Relief Efforts

NAR is collecting donations to assist those affected by Hurricane Sandy. Click HERE to make a donation.

Should you have further queries, you can contact NAR at 800-874-6500

The Yin & Yang of Inbound Marketing

Are you leveraging both social media and search in your inbound marketing efforts? Read about the correlation between Social Media and search in this post HERE. This infographic provided by InvestmentPal Blog.

MRED CEO Elected to 2013 RESO Board of Directors

Chicagoland MLS Giant Is First Charter Member
of the Real Estate Standards Organization

LISLE, IL–(Marketwire – Oct 30, 2012) –  Midwest Real Estate Data (MRED), Chicagoland’s multiple listing service (MLS), has announced that its Chief Executive Officer Russ Bergeron has been elected to the 2013 Board of Directors of the Real Estate Standards Organization (RESO).

RESO is a group of real estate organizations working together to develop and implement data standards and processes that support innovation, ensure portability, eliminate redundancies and obtain maximum efficiencies for all parties participating in the real estate transaction. RESO’s ultimate goal is a fully automated real estate transaction facilitated by data standards and processes accepted by real estate professionals everywhere.

The Real Estate Transaction Standard (RETS) is a common language spoken by systems handling real estate information, such as multiple listing services (MLSs). Most of RESO’s work currently involves RETS and data definitions to be utilized within RETS. Standardization of data fields and ease of portability of data are of the highest priority to MRED and other MLSs for efficiency of data delivery and the minimizing of expense related to these activities.

“MRED has demonstrated its commitment to RESO and the work it is doing to create accepted data standards and processes by being its first Charter Member,” said Bergeron. “I am thrilled to be elected to the RESO Board of Directors and look forward to directly supporting its very worthy mission and initiatives.”

In addition to the 2013 RESO Board, Bergeron was recently elected to serve on the Council of Multiple Listing Services (CMLS) Board. “It is important that MRED has a ‘seat at the table’ and participates in organizations shaping the future of real estate, like RESO and CMLS,” added Bergeron. “It is gratifying personally that I have been given the opportunity to extend MRED’s influence throughout the real estate industry.”

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, agents 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. For more information, visit www.MREDLLC.com.

MRED Extends Winning Streak With Rollout of MLS Data Co-op™

Chicagoland MLS Giant Continues to Reinvent MLS

LISLE, IL–(Marketwire – Oct 25, 2012) – Midwest Real Estate Data (MRED), Chicagoland’s multiple listing service (MLS), has announced that the MLS Data Co-op™, from CoreLogic, the provider of the Realist™ public records platform, has gone live with what will eventually become a major listing content cooperative.

Providing MRED customers with a wealth of information with which to enhance their already powerful real estate database, the MLS Data Co-op™ presents users all the information they need on a single screen with access to all MLS listings through a sophisticated map-centric interface. The Co-op delivers valuable property data and reports such as RealAVM™ valuations, tax records, listing history, nearby schools, neighborhood data, community demographics, real estate trends, foreclosure information and more. MLS Data Co-op™ works with all popular browsers and platforms, and uses a common format for listings across MLSs without sacrificing locally unique data values.

While initially only for use with MRED’s own listing content, MRED plans to open up reciprocal access with well over 100 other MLSs which have already joined the Co-op. This will quickly lead to MRED’s real estate professionals having access to listings from across the country and Canada, not only giving them the ability to widely market their listings, but opening a doorway for them to expand their referral networks.

The MLS Data Co-op™ is not a public-facing web site, but is reserved for use by real estate professionals, thus providing access to more detailed listing content and far more data than available on the consumer oriented websites.

“MRED agents are expected to have the most complete information and very best technology at their fingertips,” said MRED’s Chief Executive Officer, Russ Bergeron. “The MLS Data Co-op provides terrific search and reporting functionality and will give brokers the ability to market their properties throughout North America. This fits perfectly with our continuing mission to provide our customers with the best and most cutting-edge products and services in the industry.”

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, agents 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. For more information, visit www.MREDLLC.com.

Riding the Trillion-Dollar Real Estate Recovery Roller Coaster

Cool infographic relating the real estate market to roller coasters from Realestate.com