You are here: GeekEstate Blog » Listings Syndication, MLS Technology » NAR Doubling Down on Upstream. Why?

NAR Doubling Down on Upstream. Why?

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 better understand why you feel this is a warranted/worthwhile technology investment.

About Drew Meyers

Founder of Geek Estate Blog / Geek Estate Labs. Zillow Alum. Travel addict & co-founder of Horizon. Social entrepreneurship & microfinance advocate. Fan of Red Hot Chili Peppers and Kiva.

This entry was posted in Listings Syndication, MLS Technology and tagged , , , , . Bookmark the permalink.
  • David Ewm

    the advantage is supposed to be that the data is managed completely by the brokerage, & then distributed as seen fit by the brokerage.
    In additon to that, Upstream follows RESO standards.

    • “Upstream follows RESO standards.”
      Any other vendor can follow reso standards

      “the advantage is supposed to be that the data is managed completely by the brokerage, & then distributed as seen fit by the brokerage. ”
      My point is that there are existing systems that already have that data, and could deliver it to brokerages far far cheaper and faster. Why spend so much money re-inventing the wheel?

      • David Ewm

        everyone *can* follow reso standards
        doesnt mean everyone *does*

        In our region – MLS is slow to meet the demand of the brokers, so Upstream on paper seems like a godsend – centralized standardized data managed by the broker, but there has been much delay.

        So much that we wonder if it will ever be a widely adopted platform.

        • David, this is a good observation. Data exchange standards rarely succeed in software in general. A more better approach would be for these MLS companies to set up their own JSON interfaces and leave it up to developers to sort out the data normalization. It’s likely a software project will be created to handle this normalization and the industry could stop using up so much time trying to making everyone happy up front with a rigid data exchange standard.

2008 - 2017 GEEK ESTATE · ALL RIGHTS RESERVED - THEME BY Virtual Results
Hosted by Caffeine Interactive