Realtors Property Resource® (RPR) offers a feature called RPR View™ which is now the largest MLS data share in the U.S. Since its initial Residential Platform launch in 2010, MLSs licensing their information to RPR have a choice to display their active and sold records “only to their subscribers,” or to a wider audience like “statewide,” or “all REALTORS® nationwide.” MLSs can also selectively opt into sharing with specific markets. All 1.2 million REALTORS® have access to RPR and over 700,000 REALTORS® have accounts. RPR also has over 665 licenses with MLSs and Associations, with the majority having a policy within RPR where they will “share their data with everyone who shares with them.”
What IRES and Pikes Peak are doing with RPR View is more than just “turning on” listings. They are adding fields of information that are not typically shared with RPR, a feature specific to RPR View. These are fields that are fundamental to enabling transactions. Members of each market will have the ability to “view” the Confidential fields including offer of compensation, showing instructions, agent remarks, etc. The basic RPR sharing provides listing information to REALTORS® out of area, but the Data Share with RPR View goes further. A group of MLSs in Minnesota do this as well. Another key difference in this level of data sharing is that each MLS is also licensing their sold records to RPR for display between the two MLSs.
As you should all know, Realtors Property Resource, including RPR View with these data sharing features is an exclusive member benefit of the National Association of REALTORS®. WAV Group likes to refer to this data share as data sharing lite – all of the great taste of a full data share, but less filling. RPR view is free to the MLS and the Realtor®, but does not involve managing reciprocal links, managing data feeds, etc. A full data share would include lock box integration, forms reciprocity, IDX/Vow integration, rules integration, etc. Full bodied data shares would come with a price tag of $1 to $6 per member per month and take upwards of a year to launch.
Depending on your circumstances, RPR View may be appropriate to meet the needs of some of your MLS subscribers with little or no overhead to operate. Contact Kristen Carr for more information. If you do not have her phone numbers and email address – ping me and I will send it to you – or visit her Linkedin profile https://www.linkedin.com/in/kristencarr/
Here is a screenshot that shows the confidential fields:
Here is the full press release:
Information and Real Estate Services LLC (IRES LLC) and Pikes Peak Association of REALTORS® Announce RPR View Data-Sharing Solution.
Loveland, CO (December 18, 2017)- Information Real Estate Services LLC (IRES LLC) in a joint statement with and The Pikes Peak Association of REALTORS® (PPAR) announced RPR View as the Data-Sharing Solution between PPAR and IRES LLC. The Pikes Peak Association of REALTORS® (PPAR) announced in September the selection of REALTORS® Property Resource (RPR) View as a solution for data-sharing and collaboration between the two MLSs. The two MLSs are pleased to announce that today marks the beginning of a data-sharing relationship for each corporation’s REALTOR® members. The data share will include Active and Sold listing data along with the offer of compensation between REALTOR® members.
“PPAR is delighted to collaborate with IRES LLC and provide the best service to our REALTOR® members and their clients”, said Amy Reid, PPAR CEO. RPR View makes it easy for MLSs to provide the ability to access local and regional listing data to REALTOR® subscribers of other MLSs, or to all REALTOR® members nationally. “The exchange of expanded listing data between the Colorado Springs market and Northern Colorado is in the best interest of REALTORS® throughout the Front Range,” said IRES LLC CEO, Lauren Hansen. “We are thrilled to be sharing data with PPAR through the RPR platform for the benefit of brokers and consumers.” RPR View offers two main categories of listing authorization: 1) On Market/Active listings and 2) Sold/Historical listings. “RPR View is a great solution for cooperation with brokers and Associations near and far. PPAR is excited about this collaboration with IRES LLC and looks forward to future collaboration efforts with other MLSs,” added Reid.
Information and Real Estate Services, LLC (IRES) was formed in 1996 as the regional Multiple Listing Service(MLS) for Northern Colorado by five Boards and Associations of REALTORS® in Boulder, Fort Collins, Greeley, Longmont, and Loveland/Berthoud. In addition to these five Boards and Associations, IRES is the MLS provider for the Estes Park Board of REALTORS® and the Logan County Board of REALTORS®. Our office is centrally located in Loveland, Colorado. For more information about IRES LLC visit IRES-NET.com.
PPAR founded in 1902 currently represents over 3,400 REALTORS® and affiliates in the Pikes Peak Region. For more information about PPAR visit PPAR.com. Pikes Peak REALTOR® Services Corp. (RSC) is a wholly-owned subsidiary of the Pikes Peak Association of REALTORS®.