Realtors Property Resource (RPR) has announced that Realtors serving clients with real estate interests in both Florida and Indiana will have access to additional property information through a new data-sharing collaboration between Stellar MLS and MIBOR Broker Listing Cooperative (BLC).
According to a release, using RPR View, the MLS data-sharing capability from RPR, eligible customers in both markets will be able to access approved off-market listings, including historical listing data, across MLS boundaries.
RPR says the collaboration reflects a natural connection between Indiana and Florida, where seasonal residents, relocating homeowners and buyers often have real estate interests in both markets. Expanded access to listing history gives Realtors additional context to research properties, understand past market activity and help clients make informed decisions.
“Buyers and sellers deserve informed guidance wherever their real estate goals take them,” said Shayne Fairley, CEO of Stellar MLS. “Often, they don’t stop at market boundaries, and neither should access to trusted listing information for the real estate professionals who serve them. With strong ties between Florida and Indiana, especially among seasonal residents, our collaboration with MIBOR BLC and RPR will provide greater access to property information across both markets, so the professionals who guide their clients can do so with greater confidence.”
He added: “We’re pleased to bring this expanded access to our collective customers, and we look forward to creating similar opportunities with other MLSs and associations.”
A practical approach to cross-market data sharing
Beyond the benefits to Realtors, the release says the collaboration demonstrates how MLS organizations can expand property data access using technology already available through RPR.
With RPR View, participating MLSs determine which listing information to share and which markets can access it. This gives organizations flexibility to expand access while maintaining control over their data-sharing permissions.
For Stellar MLS and MIBOR BLC, the arrangement enables reciprocal access to approved off-market listing information, including historical listing data, through an established platform, without developing a separate data-sharing system.
“MLS organizations create the greatest value when we look beyond traditional market boundaries and focus on how real estate professionals actually do business. Our partnership with Stellar MLS reflects that philosophy,” said Shelley Specchio, CEO and President of the MIBOR Broker Listing Cooperative in Indiana. “By connecting the Indiana and Florida marketplaces through RPR, we are reducing friction for professionals working in both states and demonstrating what is possible when MLSs collaborate around the needs of brokers, agents and consumers.”
Building connections through existing infrastructure
The release notes that as of October 31, 341 of the nation’s 487 MLSs (70%) participate in RPR View data sharing, representing more than 1 million Realtors. The Stellar MLS and MIBOR BLC collaboration demonstrates how this existing infrastructure can support cross-market access while allowing each organization to maintain control over its shared data, RPR says.
“One of the advantages of RPR View is that MLSs can expand data access without having to build a new solution,” said Liz Gunski, vice president of Industry Relations at RPR. “Stellar MLS and MIBOR BLC are showing how existing infrastructure can support collaboration while keeping participating organizations in control of their data.”
The expanded data access is scheduled to become available to eligible customers in both markets beginning Nov. 4.
Learn more at narrpr.com.
