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.
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David Ewm
Posted at 09:55h, 23 Maythe 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.
Drew Meyers
Posted at 10:01h, 23 May“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
Posted at 11:16h, 23 Mayeveryone *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.
dependablehomebuyers
Posted at 00:26h, 21 AugustDavid, 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.