Industry NewsNews Brief

MRED members to get real estate market analytics tool

'The Thing' would allow users to create customized charts
Published on Jun 20, 2011

Get Inman via Facebook Messenger
Our top headlines delivered once a day.
by CareyBot

Members of the Chicagoland multiple listing service Midwest Real Estate Data LLC (MRED) will soon have access to an interactive housing market analytics tool from research firm 10K Research and Marketing (10K). Both companies announced they had entered into a licensing agreement today.

Dubbed "The Thing," the tool will allow users to create customized charts of MRED data. The charts would show data points such as homes for sale, average days on market, months' supply of inventory, pending sales, and median sales price, filtered by criteria such as property type, distressed vs. traditional sales, price range, and neighborhood or ZIP code

Russ Bergeron, MRED's CEO, said the tool would help MRED's nearly 40,000 members do more business.

"Having a

Comments