MLS & Associations

The new National Broker Portal is here – and it has a familiar face

Joint venture promises 'new and exciting search experiences for consumers'

The nation’s first national public-facing MLS website is now a reality, though real estate consumers and agents won't notice -- at first. Broker Public Portal LLC, a company formed by a large group of brokers and multiple listing services, and real estate technology firm Homesnap Inc. have signed final agreements forming the National Broker Portal LLC, a joint venture owned 50-50 by the two companies, according to a press release. Backers first announced the project two years ago. Homesnap is contributing its technology and brand to the joint venture, while BPP has brought "a group of brokerage and MLS leaders that are committed to driving adoption of the BPP initiative among MLSs across the country," Homesnap co-founder Steve Barnes told Inman via email. "This joint venture agreement formalizes our alignment with brokers and MLSs, making us equal partners in delivering a successful service to consumers," Barnes said in a statement. More than 4 million consumers use ...