Technology

Sandicor inks 4-year MLS services agreement with LPS

Rich Lull: 'Huge' deal means company can 'play with the big boys'

After a seven-month selection process, San Diego-based Sandicor Inc., one of the largest multiple listing services in the U.S., has chosen Lender Processing Services Inc.'s Paragon 5 system to be its next MLS platform.With some 18,000 members, Sandicor will be LPS' second-largest MLS customer behind Georgia MLS, which signed up for LPS' new reInsight MLS system last November.Sandicor's selection process involved narrowing the contenders down to Matrix from CoreLogic, which currently provides MLS services to Sandicor via its Tempo and Fusion products through April 2014, and LPS' Paragon 5, said Ray Ewing, president and CEO of Sandicor."We only looked at systems that (worked on Macs and PCs) and would also work in a mobile environment," Ewing said.Sandicor signed a four-year deal with LPS to implement the Paragon system for its "ease of use" and LPS' willingness to customize the system to Sandicor's needs, Ewing said. The MLS will begin transitioning to Paragon 5 early...