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Category Archives: MLS Technology

FBS acquires Solid Earth’s Spring software platform

by Michael Price on 9:46 am December 4, 2017

FBS, the creators of the industry-leading Flexmls® System and Spark Platform, announced today the acquisition of Solid Earth’s Spring software platform along with the hiring of the Spring team. Combining the Spring® Portal, the Spark® API, and the Flexmls® System establishes a completely new, powerful platform that puts MLSs, brokers, and agents in full control of their data and brand to clearly to beautifully showcase their unique value propositions to their client-bases on both web and mobile platforms. Earlier this year FBS and Solid Earth created a partnership that put the power … Read More »

RESO Datacomp 30-Day Hackathon Recap

by Seth Siegler on 10:00 am November 1, 2017

The first hackathon I ever participated in was actually just in 2013 when I built an app called Curb Call at the Retsly / Realogy Hackathon in SF.  I got second place at that one which won me an oversized novelty check (plus a smaller sized real one) but it also was a nice excuse to sit down for about 30 straight hours and build an app that I had an idea for. I ended up actually launching that app, raised some VC for it, … Read More »

Q&A With Stephen King from REX

by Drew Meyers on 11:31 am June 26, 2017

I wrote about REX recently. I had a few follow up questions, and posed them to their CEO Stephen King for responses via email. Below is the ensuing dialogue… 1. What makes you believe a global listing marketplace is needed? Real estate has traditionally been a local business. However, the world is quickly globalizing. Citizens in developing countries are migrating to cities as an astounding rate. Technology is providing a new subset of jobs to these migrants increasing their overall economic standing. China alone will have … Read More »

REX – A Free Global Listing Network

by Drew Meyers on 10:04 am June 16, 2017

I was made aware of REX this week. It’s a decentralized listing marketplace, which includes a token currency. Why is it being created? According to them: IT’S 2017, AND CONSUMERS HAVE SPOKEN Traditional methods used to buy and sell real estate have failed to keep pace with public expectations and advances in technology. Participants in the property game are forced to deal with online listing services that charge excessive fees and subject visitors to intrusive advertising. These Multiple Listing Services monopolise the market. They dictate … Read More »

NAR Doubling Down on Upstream. Why?

by Drew Meyers on 11:01 am May 22, 2017

NAR is putting another $9 into Upstream. There was a comment thread in Inman’s Facebook group this weekend discussing the news and strategy behind it. I must admit, I still don’t really get it — at least not to the tune of $9 million in backing. Couldn’t existing MLS vendors such as Flex or Rapattoni, or even Bridge Interactive Group, tackle this issue at a much, much more affordable price point — and in a fraction of the time? Those with more knowledge than me, would love to … Read More »

The Broker / Startup Strategic Argument Against Standardized Feed Platforms

by Drew Meyers on 3:10 pm April 12, 2017

Upstream, Broker Portal, and MLS Data

There’s a number of arguments for the use of standardized MLS data feeds across many MLS’ by real estate brokerages and startups: Compliance is a pain in the ass. Legal is a pain in the ass. Every MLS feed contains different fields, which ends up being a pain in the ass. Fees differ by MLS. Another pain in the ass. Most engineers a brokerage/startup hire don’t know the nuances of MLS feeds. That means a big learning curve, which leads to an (expensive) pain in the ass. Feeds … Read More »

Trestle – A Q&A with Kevin Greene

by Drew Meyers on 10:00 am March 30, 2017

I listened to Greg’s recent podcast with Kevin Greene at CoreLogic about Trestle. Even after writing about it, I had a few questions about Trestle. Instead of wonder, I decided to reach out to Kevin and see if he’d be willing to answer a few questions. He obliged. Without further ado… How is interest in Trestle’s offering playing out between brokerages, technology providers, and multiple listing organizations? Great! For each one it is solving different pain points. For a Broker it is being able to have easy … Read More »

Real Estate Standards Organization Releases Free Web API Tools For Developers

by Michael Price on 8:47 am March 28, 2017

I just saw a post on Linkedin from Jeremy Crawford, CEO of RESO regarding the release of a new API designed to allow technology companies create connections to MLS data. Innovation like this and the Spark platform from FBS are sure to accelerate a great deal of the Proptech activity that is currently underway. Read the update here: What’s also exciting is what this means: this desktop client application is written with reusable code libraries using .NET C# that allows rapid development of API client … Read More »

Trestle, and a Crowded MLS Data Syndication Space

by Drew Meyers on 8:41 pm March 16, 2017

I came across CoreLogic’s Trestle offering today as a result of listening to the latest Listing Bits podcast with Kevin Greene. (All Listing Bits episodes on iTunes here). What exactly is Trestle? The ultimate listing data management and property information tool for brokers, technology providers, and multiple listing organizations. The way I understand it is it’s a platform for vendors to more seamlessly access MLS data feeds plus the ability to pay fees from one location. The goal is to alleviate the headache with launching … Read More »

More on MLS Networks

by Drew Meyers on 10:30 am February 2, 2017

Public MLS Statistics

I wanted to continue the discussion/dialogue about MLS networks… First, this weekend I listened to the Listing Bits Podcast episode with Michael Wurzer which touches on the staying power of the MLS. Greg Robertson and Michael both have years of MLS technology, and discuss the future of the industry (among other things). Second, Michael wrote a response to my last MLS post titled Creating MLS Networks. I definitely agree with Drew that cooperation exists independent of any particular technology, but Drew goes on to presume that … Read More »

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