First American Residential Group has formed a partnership with the Houston Association of Realtors and has acquired HAR’sDatabase Integrity system, software that increases listing accuracy for MLSs and their members.

The Database Integrity system is a software program that monitors the accuracy of real estate information and enforces compliance with MLS rules and regulations, First American said Thursday.

Developed by HAR, the system is currently implemented throughout the association’s user base and will now be offered to the MLS industry by First American.

MLS systems contain core listing data for real estate transactions and are crucial for real estate professionals and consumers looking to buy or sell property. The DBI system monitors the integrity of the data provided, ensuring that the information is complete, accurate and up-to-date.

This helps protect the MLS from potential liability and improves the overall interaction between real estate professionals and consumers, First American said. As a First American technology, DBI will be utilized by a greatly expanded market, benefiting Realtors and their clients nationwide, First American said.

“The reliability of property data has been a concern of the MLS industry for some time now,” said Stephen C. Roney, president and chief executive officer of First American Residential Group. “MLS data is now available to the public more than ever before, but what has not been available is the assurance that the integrity of the data is intact. With this system, we can now offer that assurance.”

Under the agreement, First American will own the DBI system, and will continue to enhance and develop it with input from HAR. The first phase of implementation will begin with the MLSs currently using First American’s Tempo platform, offered through its MarketLinx Solutions subsidiary. Later phases of implementation will include the general MLS industry.

“For too long our brokers, agents and consumers have wrestled with a data system that grew larger, but not necessarily more accurate,” said HAR board chair Toni Nelson. “Now we have a means of controlling the quality of the data that real estate professionals rely upon daily for their business.”

***

Send tips or a Letter to the Editor to janis@inman.com or call (510) 658-9252, ext. 140.

Show Comments Hide Comments

Comments

Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
Success!
Thank you for subscribing to Morning Headlines.
Back to top
Inman Connect Black Friday Sale! Bundle our next two events or secure your 2021 All Access Pass.SEE THE DEALS×
Up-to-the-minute news and interviews in your inbox, ticket discounts for Inman events and more
1-Step CheckoutPay with a credit card
By continuing, you agree to Inman’s Terms of Use and Privacy Policy.

You will be charged . Your subscription will automatically renew for on . For more details on our payment terms and how to cancel, click here.

Interested in a group subscription?
Finish setting up your subscription