Industry NewsTechnology

NAR group pursues national real estate database

System would include every U.S. property, status information
Published on May 22, 2007

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by CareyBot

A National Association of Realtors advisory group is moving ahead with plans for a national real estate data repository that would include comprehensive information for all categories of property, including residential and commercial properties and vacant land.

Such a system could serve as a building block for a nationwide MLS, said Gary Thomas, chairman of the MLS Future group and a former president for the California Association of Realtors trade group -- but not without formal approvals.

The advisory group,