BrokerageIndustry News

13 Indiana MLSs consolidate

LPS' Paragon system will power new 5,000-member MLS

Thirteen Realtor trade groups in Indiana -- each with its own independent multiple listing service -- are banding together to form one 5,000-member MLS: Indiana Regional MLS. In an agreement announced this week, real estate data and technology firm Lender Processing Services Inc. said its Paragon system will power the new MLS and give IRMLS members access to more than 750,000 real estate listings across 42 counties in the Hoosier State. Access to the aggregated listing data will help Realtors and their clients by allowing them to work more efficiently in the marketplace, Carrie Kendall, general manager of the new IRMLS and executive officer of the Lafayette Regional Association of Realtors in Lafayette, Ind., said in a statement. "In addition to combining the listing data information, the resulting cost efficiencies are going to provide members additional benefits, including public records information, appointment services and a consumer-facing website," she said. Members of ...