MLS & AssociationsTechnology

Free MLS data feed could speed up real estate innovation

  • Real estate tech developers can now get access to a free, standardized MLS data feed they can use to develop and test products for agents and brokers.
  • This eliminates the often cumbersome process of obtaining an MLS data feed, potentially speeding up innovation.
  • Backers foresee tools that include "mashups" of MLS data combined with other data to offer consumers a more individualized property search.

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Those kids in a garage dreaming up what could be the latest and greatest real estate tech tool are in luck. Three real estate industry players have joined forces to offer what they say is a "groundbreaking" industry first: a free, standardized MLS data feed for technology developers to play with. The Austin Board of Realtors (ABoR) and the Real Estate Standards Organization (RESO) today announced the creation of the Developer Reference Server, which is powered by CoreLogic's marketplace for real estate data, Trestle. Developers -- be they tech companies, brokerages, or agents themselves -- will be able to access "a full compendium of listing data" pulled directly from ABoR's multiple listing service, but the data will be a year old, according to a press release. The idea is to tackle a pain point many budding tech developers have. Unlike brokerages, which have member rights to an MLS data feed, tech companies must go through a sometimes long and arduous process to obtai...