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Excitement About 505 N Lake Shore Dr APT 2611, Chicago, IL 60611 - Zillow

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One of the nation's largest several listing services is now sharing listing details with a dozen other MLSs across the nation through a tool from genuine estate details and technology firm Core, Logic. Lisle, Ill.-based Midwest Real Estate Data (MRED) serves nearly 40,000 members belonging to 12 Realtor associations in the Chicago metro area.


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MRED contributes almost 66,000 listings to MLS Data Co-Op. Through these contracts, MRED members are seeing another 257,000 listings, MRED informed Inman News. Data Co-op also provides residential or commercial property information and reports such as Genuine, AVM appraisals, tax records, noting history, close-by schools, area data, neighborhood demographics, property trends and foreclosure information in a consolidated control panel view for each listing.


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MRED first presented the data-sharing tool a year ago, using it just for its own listing data in the beginning. Now, collaborations with other MLSs like the Houston Association of Realtors, My Florida Regional MLS and the Greater Las Vegas Association of Realtors suggest MRED's members can search and see listings and public records from other MLSs across the nation.


"It is a concern for MRED to improve our clients' ability to have access to the very best info, increase their company and establish networks with other professionals around the country," said MRED CEO Russ Bergeron in a statement. "We view the MLS Data Co-Op as one of the most efficient methods we can support our brokers and their partners." The 12 MLSs are: Realtor Association of Citrus County (Florida) Daytona Beach Location Association of Realtors (Florida) Greater Las Vegas Association of Realtors (Nevada) Greenville Pitt Association of Realtors (North Carolina) Houston Association of Realtors (Texas) My Florida Regional MLS North Carolina Mountains MLS New Smyrna Beach Board of Realtors (Florida) Realcomp (Detroit) Miami Association of Realtors (Florida) SIRMLS (Illinois) Western Arizona Real Estate Agent Data Exchange Since a lot of those markets are in the Sun Belt, MRED promoted the agreements as a method to help its members find winter season holiday homes for their customers.


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MLS Data Co-op is among more than 20 products and services MRED offers its clients. In July, MRED won an Inman News Innovator Award for Many Innovative MLS or Genuine Estate Trade Association. In Read More Here , Core, Logic revealed that more than 100 MLSs nationwide had registered to get involved in MLS Data Co-Op.


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