MLS & Associations

Chicago-area MLS, MRED, using CoreLogic tool to share listings with 12 other MLSs nationwide

Agreements let MRED members see 257,000 additional listings, expand referral networks

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One of the nation's largest multiple listing services is now sharing listing information with a dozen other MLSs across the country through a tool from real estate information and technology firm CoreLogic. Lisle, Ill.-based Midwest Real Estate Data (MRED) serves nearly 40,000 members belonging to 12 Realtor associations in the Chicago metro area. Today, MRED announced it had signed agreements with 12 MLSs to jointly participate in CoreLogic's MLS Data Co-Op, a map-based interface that allows agents from different MLSs to share listing information accessible via a single screen through their MLS. MRED contributes nearly 66,000 listings to MLS Data Co-Op. Through these agreements, MRED members are seeing another 257,000 listings, MRED told Inman News. Data Co-op also provides property data and reports such as RealAVM valuations, tax records, listing history, nearby schools, neighborhood data, community demographics, real estate trends and foreclosure information in a consol...