CoreLogic and MFRMLS Complete RESO Native Database Conversion
Wednesday, May 9, 2018
IRVINE, California – CoreLogic, a leading global property information, analytics and data-enabled solutions provider, today announced it has converted the native Matrix multiple listing database of My Florida Regional MLS (MFRMLS) to the Real Estate Standards Organization (RESO) Data Dictionary format, paving the way for future innovation and enhanced data accessibility for real estate brokers, technology providers and other multiple listing organizations.
MFRMLS is one of the largest multiple listing organizations in the nation with over 55,000 subscribing customers. MFRMLS uses the Matrix multiple listing platform by CoreLogic, which today serves more than 780,000 end users, making it the most widely used listing platform in history.
“Converting our native Matrix listing database to conform to the RESO Data Dictionary is a critical step in our plans to promote data portability, software innovation and greater efficiency for all our customers, technology partners and other stakeholders,” said Merri Jo Cowen, chief executive officer for MFRMLS. “Working alongside CoreLogic, we are leading the charge to modernize the multiple listing industry. This is a historic conversion that will yield tremendous benefits for our subscribers and their clients for years to come.”
“MFRMLS is a highly progressive leader in the multiple listing space and the perfect partner for an ambitious project like this,” said Chris Bennett, executive leader of Real Estate Solutions for CoreLogic. “The conversion effort required an immense amount of teamwork and coordination with MFRMLS—many thanks to everyone who helped realize this remarkable achievement. There is a groundswell of interest in this type of conversion throughout the industry; our success with MFRMLS will serve as a blueprint for the others that follow.”
CoreLogic is the industry leader in assisting multiple listing organizations achieve RESO compliance. For organizations that don’t want to undertake a native database conversion, Trestle is a simple and affordable solution for distributing RESO platinum-certified data, managing contracts, billing data recipients, enhancing security, and more. Nearly 130 organizations representing more than half a million real estate professionals are RESO-certified through Trestle today.
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About My Florida Regional MLS
My Florida Regional MLS (MFRMLS) is Florida’s largest multiple listing service, and one of the largest MLSs in the country. MFRMLS provides more than 55,000 real estate professionals working in more than a dozen Florida counties with the data, tools and support they need to do business. MFRMLS data drives the real estate marketplace for Central and Southwest Florida. The company was incorporated in 1995 and is headquartered in Altamonte Springs, Fla. MFRMLS is owned by 14 REALTOR® associations and boards. MFRMLS also owns and operates the consumer home search site, State27Homes.com. Visit mfrmls.com for more information.
CoreLogic (NYSE: CLGX) is a leading global property information, analytics and data-enabled solutions provider. The company’s combined data from public, contributory and proprietary sources includes over 4.5 billion records spanning more than 50 years, providing detailed coverage of property, mortgages and other encumbrances, consumer credit, tenancy, location, hazard risk and related performance information. The markets CoreLogic serves include real estate and mortgage finance, insurance, capital markets, and the public sector. CoreLogic delivers value to clients through unique data, analytics, workflow technology, advisory and managed services. Clients rely on CoreLogic to help identify and manage growth opportunities, improve performance and mitigate risk. Headquartered in Irvine, Calif., CoreLogic operates in North America, Western Europe and Asia Pacific. For more information, please visit www.corelogic.com.
CORELOGIC, the CoreLogic logo, MATRIX and TRESTLE are trademarks of CoreLogic, Inc. and/or its subsidiaries. All other trademarks are the property of their respective owners.