CoreLogic Data Co-op Product Gaining Traction
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|CoreLogic announced today the addition of two more MLSs to their InfoNet™ program. We received confirmation from CoreLogic that they currently have a total of 49 accounts in the program, representing 260,000 agents and 860,000 listings.
An interesting side note of their Partner InfoNet™ program is the fact that their DataCoop products seems to be getting some serious consideration and use. A number of MLSs are receiving their DataCoop product for free if they are an exclusive InfoNet™ partner and others are paying for it, but they note the price is not high. According to CoreLogic, they are seeing MLSs beginning to share data easily where in the past there were political, financial and operational barriers that prevented Data Shares from materializing even if the MLSs wanted to move forward. The Data Co-op product seems to have eliminated a lot of those obstacles.
They report that their most mature area is New Jersey region, followed by MLSs in New England, and Oklahoma. It will be interesting to watch how this product and the data sharing impacts or retards further regionalization. While on one level is is similar to earlier 3rd party overlay products the interface is much more easy to manage, works with all browsers and they are including a number of nice tools with it to make it even more attractive. Many may see this as a great way to maintain local control while extending data use without all the politics and complexities of mergers.
The office CoreLogic news flash follows:
CoreLogic® MarketLinx® News Flash…
July 12, 2011 – CoreLogic® is pleased to announce that the following organizations have recently joined the Partner InfoNet™. Welcome aboard!