Industry NewsNews Brief

8 MLSs license listings to CoreLogic

Deals put heat on competing data efforts, including RPR
Published on Aug 16, 2010

The competition to license listings data from multiple listing services is heating up, with data aggregator CoreLogic announcing agreements today with eight MLSs with a combined total of 82,000 members.All but two of the new members of CoreLogic's Partner InfoNet revenue-sharing program will provide listings to CoreLogic on an exclusive basis.That means there could be holes in markets like Atlanta and Las Vegas for sold listings in the database being constructed by a subsidiary of the National Association of Realtors, Realtors Property Resource LLC (RPR).Both CoreLogic and RPR expect to generate revenue with sold listings by plugging data into software applications designed to help lenders, loan servicers, investors and government agencies track market trends and assess risk.CoreLogic offers several products that can be used to analyze housing market conditions, value properties, and detect fraud. RPR says sold listings data will allow it to offer lenders and others "Realtor valua...

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