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Redfin mingles MLS-listed homes with FSBOs, foreclosures

Web site displays addresses of bank-owned properties

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Seattle-based real estate brokerage company Redfin has integrated foreclosure properties and for-sale-by-owner properties with its map-based search, and the company identifies the various property types with different icon colors and in detailed descriptions. While some multiple listing services prevent this so-called "co-mingling," or side-by-side display of multiple listing service data with other data sources in property searches, Redfin officials say they believe their added search capability is compliant with MLS rules. Salt Lake City's brokerage company, Southern California-based Catalist Homes, and Boston-based have earlier offered the ability to search for FSBO properties. Redfin spokeswoman Cynthia Pang said the company did take a close look at MLS rules. MLS officials advised the company that there was not a problem with displaying the various types of properties together as long as the properties are clearly defined as FSBO ...