The nation’s largest multiple listing service officially kicked off a tech developer challenge this week.
Rockville, Md.-based Metropolitan Regional Information Systems Inc. is offering a $25,000 grand prize and a yearlong unpaid internship for an original desktop, mobile or Web application "that can measurably improve the way homebuyers and sellers work with professional real estate agents."
MRIS is a Mid-Atlantic regional MLS that serves about 50,000 real estate agents and brokers.
The prize had previously been set at $100,000, but the MLS decided to assign the bulk of the money for internal product development rather than external development, according to a spokesperson.
The deadline to apply is Dec. 1, 2010. To see official rules, visit MRISInnovation.com.