black knight financial services

Paragon Partners With Zillow For MLS Features

by Victor Lund on June 7, 2017

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According to a news release today, Black Knight Financial Services, developers of the Paragon MLS system and has partnered with Zillow for data management tools. Zillow purchased Bridge Interactive last year, a company that is well known for RETS servers (Contact) and listing input modules (Compose) for MLSs. As part of the alignment between the two companies, the release states that Zillow will be providing the technology to aggregate data from all of the hundreds of markets into Zillow’s data repository which Black Knight calls Property Information Central (PIC). This new system will act as the solution that will provide developers with access to MLS in RESO certified methods of RETS 1.8 and the new RESO WebAPI. WAV Group asked a few questions – Black Knight responded as follows by email: WAV Group: Is this an optional service for your MLS customers or does this replace your current MLS service? BKFS Answer: Optional service. WAV Group: What protects against Zillow using the data you provide them in other ways? BKFS Answer: Any use of MLS data is still covered by the normal data usage terms and conditions you would find in any 3rdparty agreement. WAV Group: Will Paragon be moving all listing input over to Compose? BKFS Answer:  No.  The Paragon Add/Edit component is still available and is used heavily.  To put this in perspective, we are seeing an uptick in usage of RETS Update, which is what Bridge’s Compose product uses.  Other 3rd party applications also use RETS Update to add or edit listings.  Another recent example is ZipForm.  You can create a new listing in Paragon directly from a form in ZipForm with the click of a button.  This is all about providing an ‘open’ MLS platform so that if a Broker, Agent or Board wants to use another platform to start their listings, we can support it with RETS Update NOW.  I think this is important because ‘single point of entry’ is a real issue that we are trying to solve. WAV Group: Will Contact contain data for all Paragon MLSs (how many do you have at this point?) BKFS Answer: Contact is typically deployed on an MLS by MLS basis.  We have 210 organizations as Paragon customers.  I say organizations because with consolidations and mergers these organizations may contain multiple MLSs or Boards.  Contact is also used for the PIC, which is a consolidated database of DD compliant listings […]

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JACKSONVILLE, Fla., Sept. 17, 2015 /PRNewswire/ — Black Knight Financial Services (NYSE: BKFS) announced today the execution of an agreement with the California Regional MLS (CRMLS) to deliver its Paragon MLS system to CRMLS’ more than 75,000 members. With the addition of Paragon MLS, CRMLS strengthens its position as a leader in the real estate industry and demonstrates its commitment to its professional members who rely on fast and easy access to MLS information. Offering intuitive and straightforward navigation, cross-browser compatibility and multi-tasking capabilities – all of which are mobile-optimized, Paragon MLS will enable CRMLS subscribers to increase productivity and grow their business. CRMLS has been steadily expanding its presence in California, now serving 35 local real estate associations, three boards of REALTORS® and one multiple listing service (MLS). In August 2015, CRMLS won Inman’s Most Innovative MLS award. Black Knight’s Paragon MLS system has received top ranking in the annual Clareity Consulting MLS Customer Satisfaction Survey for the past three years, and recently was installed in numerous new markets for MLS organizations. “It is time to break through the barrier of being limited to one MLS platform,” said CRMLS CEO Art Carter. “We have wanted to do this for some time, and we are pleased to form this partnership with the Black Knight Paragon team. Our industry is constantly evolving, and we need to be more responsive to agents, brokers and consumers who are redefining the way they work. The result of this project will give our members better choices as the vendors vie for user selection.” “It is an honor to be selected for this CRMLS initiative,” said Rich Lull, managing director for Black Knight MLS. “We commend them for their vision and leadership, and look forward to working closely with CRMLS to continue providing leading-edge solutions as the industry evolves.” About California Regional Multiple Listing Service (CRMLS) California Regional MLS (CRMLS) is the nation’s largest and most recognized subscriber-based MLS, dedicated to servicing over 75,000+ real estate professionals from 35 Associations, 3 Boards of REALTORS® and 1 MLS. CRMLS is the industry powerhouse and thrives on providing the most relevant products and services to its subscribers. www.crmls.org About Black Knight Financial Services, Inc. Black Knight Financial Services, Inc. (NYSE: BKFS), a Fidelity National Financial (NYSE: FNF) company, is the mortgage and finance industries’ leading provider of integrated technology, data and analytics solutions that facilitate and automate many of […]

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