RESAAS Services Inc., a cloud-based social business platform for the real estate services industry, announced today a five-year agreement with the Austin Board of REALTORS® (ABoR), a 12,000 member organization serving the Central Texas region. This partnership will allow Central Texas REALTORS® to immediately communicate and share listings in a centralized social platform known as RealTimeMLS.
Through RealTimeMLS, Austin Board of REALTORS® members can now share listings with all 12,000 ABoR MLS subscribers within minutes from their phone.
“It’s not uncommon for Austin-area homes to sell within hours of a listing agreement being signed, creating a need for Central Texas REALTORS® to be able to share listings from within the field and in real time,” said Aaron Farmer, 2016 President of the Austin Board of REALTORS®. “RealTimeMLS allows pre-market data to be captured in a single, trustworthy platform that utilizes listings data in an ethical manner. This partnership further paves the way for evolution of MLS technologies as well as the use of complete, accurate listings data in the industry.”
“Coming soon” or “pre-market” transactions can put agents and their clients at risk of violating both legal and ethical standards for real estate transactions if not managed properly. RealTimeMLS has been developed around the needs of modern agents, primarily to both complement the needs of agents working in aggressive markets and to ensure real estate associations continue to capture a complete picture of all housing market activity in their area. This new solution provided by the RESAAS platform allows MLSs to track data in an easier and more efficient manner.
“In these hot markets, agents need reliable, real-time technologies that allow them to work at the speed of the market. Having a resource like RealTimeMLS prevents agents from taking their work offline and to un-regulated methods,” said Tom Rossiter, President of RESAAS. “The Austin Board of REALTORS® is an industry leader in listings data technology, with deep data analysis and testing with their members. We look forward to helping them further enhance the availability of listings data and bring additional value to their members.”