The multiple listing service is the latest to provide its subscribers with Remine Enterprise Pro, a new offering that allows MLSs to give all their agents access to Remine’s entire suite of services.

Changing a business model can be a risky bet. But for property data and analytics firm Remine, it seems to be paying off — and benefitting tens of thousands of agents along the way.

Chicago area-based multiple listing service Midwest Real Estate Data (MRED) is the latest to provide its subscribers with Remine Enterprise Pro, a new offering that allows MLSs to give all their agents access to Remine’s entire suite of services as a member benefit at no additional cost to the agents. MRED has more than 45,000 agent, broker and appraiser members.

Remine Pro’s services include map-based, public records-enhanced property searches, a comparative market analysis (CMA) tool that incorporates both MLS and off-market properties, a customer relationship management (CRM) system that doesn’t require agents to enter data themselves, chat and collaboration tools for consumers and their agents, a scoring system that predicts the likelihood that someone will sell, integrated marketing for up to 10,000 properties, and a mobile app, among other features.

In March, Remine shifted its business model to focus on selling services to entire MLSs, rather than trying to “up sell” individual agents. The shift resulted in layoffs for two-thirds of Remine’s sales staff and came about a month after the company announced that it had raised $30 million in a series A funding round. Remine said at the time that it would use the funding to roll out an “MLS 2.0” platform later this year. The product will put the company more directly in competition with industry heavyweights CoreLogic and Black Knight.

MRED, which launched the starter version of Remine’s service last summer, will upgrade to Remine Pro on July 1.

“Remine is 100 percent focused on supporting MLSs and helping their members thrive into a future characterized by rapid change,” said Remine CEO Mark Shacknies in a statement. “Our products are designed for speed, flexibility, and innovation — values MRED shares.”

Rebecca Jensen

MRED’s subscribers currently favor Remine’s search feature, Sell Score, the ability to view a mixture of people and property information and data on cash buyers and Airbnb properties, MRED said.

“MRED taking its collaboration with Remine to the next level will allow our real estate professionals to take their businesses to the next level as well,” said MRED President and CEO Rebecca Jensen in a statement.

My Florida Regional MLS, now Stellar MLS, was the first MLS to provide Remine Pro to its more than 58,000 subscribers in May. MetroList, the largest MLS in Northern California with more than 20,000 agent and broker subscribers, was next.

Leo Pareja

MetroList is the first MLS to offer Remine’s MLS 2.0 as an alternative “front end” (the front end is the part of the MLS agents see as opposed to the “back end” database), Remine President Leo Pareja told Inman last month.

While the MetroList deal doesn’t include replacing MetroList’s primary MLS system (Rapattoni) with Remine’s whole MLS 2.0 system, Remine has had “several very serious meetings with customers who seem very close to signing deals for a full replacement system where we actually get to replace a CoreLogic system,” Pareja said.

Email Andrea V. Brambila.

Like me on Facebook | Follow me on Twitter

Show Comments Hide Comments
Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
By submitting your email address, you agree to receive marketing emails from Inman.
Thank you for subscribing to Morning Headlines.
Back to top
Only 3 days left to register for Inman Connect Las Vegas before prices go up! Don't miss the premier event for real estate pros.Register Now ×
Limited Time Offer: Get 1 year of Inman Select for $199SUBSCRIBE×
Log in
If you created your account with Google or Facebook
Don't have an account?
Forgot your password?
No Problem

Simply enter the email address you used to create your account and click "Reset Password". You will receive additional instructions via email.

Forgot your username? If so please contact customer support at (510) 658-9252

Password Reset Confirmation

Password Reset Instructions have been sent to

Subscribe to The Weekender
Get the week's leading headlines delivered straight to your inbox.
Top headlines from around the real estate industry. Breaking news as it happens.
15 stories covering tech, special reports, video and opinion.
Unique features from hacker profiles to portal watch and video interviews.
Unique features from hacker profiles to portal watch and video interviews.
It looks like you’re already a Select Member!
To subscribe to exclusive newsletters, visit your email preferences in the account settings.
Up-to-the-minute news and interviews in your inbox, ticket discounts for Inman events and more
1-Step CheckoutPay with a credit card
By continuing, you agree to Inman’s Terms of Use and Privacy Policy.

You will be charged . Your subscription will automatically renew for on . For more details on our payment terms and how to cancel, click here.

Interested in a group subscription?
Finish setting up your subscription