MLSAlliance demonstrates MLS industry's ongoing efforts to help
real estate professionals succeed during housing market downturn.
Boca Raton, FL (PRWEB)
July 9, 2008 -- Many Californians looking for signs of stability in the
turbulent real estate market are encouraged by the growth and
increasing use of the state's largest MLS data sharing service, the
California MLSAlliance. The system connects MLS databases throughout
the state to provide agents and brokers with a single source of real
estate information.
Use of the California MLSAlliance reached an all-time record in May,
with more than 50,000 unique agents and brokers using the system to
search for California property listings. That is the highest monthly
total since the system was founded in 2000, according to real estate
technology provider eNeighborhoods, a division of Dominion Enterprises,
which developed and manages the California MLSAlliance.
California MLSAlliance contains 4 million active listings and
off-market properties, covering more than 35 counties throughout the
state. eNeighborhoods has provided the MLSAlliance enterprise
data-sharing platform, connecting multiple MLS organizations, since
2000.
Three additional real estate associations--South Tahoe Association of
Realtors, Coastal Mendocino Association of Realtors, and Lake County
Association of Realtors--have joined the data-sharing system since
April, bringing the total number of participating MLS organizations to
15. The California MLSAlliance system is now available to more than
190,000 brokers and agents.
"The system helps brokers and agents conduct business throughout the
state, often across traditional MLS boundaries," said Andy Woolley,
vice president of eNeighborhoods. Brokers and agents who belong to one
of the 53 local real estate associations serviced by the 15
participating MLSs can search one system for all California listings.
The agreement between the MLS organizations provides opportunities for
compensation and cooperation to all California MLSAlliance authorized
users.
"The increased usage and growth is encouraging, and we think it
demonstrates the MLS industry's ongoing efforts to help real estate
professionals succeed during housing market slowdowns," said Woolley.
"The organizations participating in the California MLSAlliance are
delivering to their customers the largest compilation of MLS data
anywhere in the world. That spirit of cooperation and willingness to
share resources benefits California's real estate industry
professionals in all types of market conditions."
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