SAN JOSE, Calif., June 17, 2013 /PRNewswire/ -- Move, Inc.,
(NASDAQ:MOVE) today announced that its FINDSM
Application has gone live with Midwest Real Estate Data (MRED) in
Chicago. Additionally, it has
signed FIND agreements with two industry leading MLSs: MLS Property
Information Network, Inc. (MLS PIN) in Boston, and San Francisco Association of
REALTORS® (SFAR) in San Francisco. These three agreements
will provide an additional 71,220 MLS members with the FIND
Application's natural language search functionality through
comprehensive neighborhood, school and amenity
information.
With national inventory and median age of inventory at record
lows, neighborhood information with easy to use search
functionality and intuitive reporting is even more crucial to real
estate professionals trying to get ahead of the competition. With
the FINDSM Application, MLSs are able to equip their
real estate professionals with extensive local and national
knowledge, and streamline their process of compiling information
for clients. The FINDSM Application is a specialized
tool for real estate professionals allowing MLSs to provide their
members with fast, flexible and easy access to all of the data from
Multiple Listing Services and other real-estate related data
sources throughout the country via a powerful, robust, and
intuitive search engine.
As a result of these agreements, Move will also now be able to
provide consumers with extensive market data updated in real time
for Chicago, Boston and San
Francisco provided directly by these MLSs, including: sold
property data with attribution display for the listing agent/broker
and the buyer's agent/broker.
The Chicago, Boston and San
Francisco housing markets are several of the most-searched
and fastest-moving in the country. The agreement with MRED
(Chicago) and new agreements with
MLS PIN (Boston) and SFAR
(San Francisco) allows each MLS to
provide Move's FINDSM Application tool to a broad base
of real estate professionals in housing sectors with fierce
competition. In May, MRED members gained access to the
FINDSM Application software; Boston and San
Francisco will be implemented soon as well.
- MRED (Chicago, IL) is
the largest MLS nationally, based on number of listings and the
third largest MLS in membership size. It represents nearly
40,000 brokers and agents with over 75,500 listings.
- MLS PIN (Boston,
MA) is one of the ten largest MLSs based on listings
count, with over 38,500 active listings. It covers Massachusetts, Rhode
Island, and other areas of New England and supports more
than 28,700 customers.
- SFAR (San Francisco,
CA) is ranked in the top third of MLSs in the nation. It
has more than 2,839 members and represents more than 3,575
listings.
"Real estate professionals around the country and particularly
in extremely competitive markets like Chicago, Boston and San
Francisco depend on quick and easy access to robust
neighborhood information in order to make recommendations to their
clients," said Steve Berkowitz CEO of Move. "MRED, MLS PIN, and
SFAR represent three highly sought-after markets with strong
competition among real estate professionals. These agreements
demonstrate the importance of FINDSM Application in
providing the necessary resources in an easy to use format to real
estate professionals. The ultimate goal of our FINDSM
Application tool is to help MLSs better serve their clients with
most comprehensive national data set available and give Move users
a complete view of market activity, including sold data, in real
time."
"MRED is constantly seeking products and services that increase
the breadth and scope of our customers' knowledge of their local
markets and beyond. The FIND solution from Move falls right into
that category," said MRED's Chief Executive Officer, Russ Bergeron. "Our customers should not
have to struggle to keep up with the information available to
consumers on the Internet today. FIND offers a powerful, robust and
intuitive search engine that delivers unfettered, unrestricted
views of all Move data sets. The result is that MRED practitioners
should never be at a disadvantage to the consumer audience. With
the FIND Application, Move has created another winner."
"We all know that information is key in today's real estate
market. MLS PIN is excited to provide its customers with the
extensive data available through the FINDSM
Application," stated Kathy Condon,
president and chief executive officer of MLS PIN. "Broad local and
national content right at their fingertips enhances and extends the
reach beyond the MLS application without having to search for it on
their own saving valuable time and winning over their clients."
The FINDSM Application platform features a powerful
natural language processor, giving real estate professionals the
ability to search with simple typed requests like "three bedroom
homes for sale in Naperville with
a pool between 600k and 800k" or "condo in Chicago with deck." Some other FIND
features include:
- An average of three million current, accurate and up-to-date
active listings – over 85 percent of MLSs are updated every 15
minutes, with all others updated at a minimum of once per day
- Five to six million sold records per year – more than three
million from MLS sources (attribution on realtor.com is provided to
both the listing and selling brokers) and the remainder are from
public record sources
- Over 113 million property records – from various approved
public record providers
- Nationwide school information – district boundaries and
detailed reports
- Nationwide neighborhood information – boundaries, demographics,
psychographics
- Local amenity locations and information – shopping,
restaurants, entertainment, places of worship, emergency services,
banks, libraries, etc.
For more information about the FINDSM Application,
please contact the realtor.com Customer Care Center, at (800)
878-4166.
About Move, Inc.
Move, Inc. (NASDAQ:MOVE) is a leader
in online real estate and operator of realtor.com®, the official
website of the National Association of REALTORS®; Move.com, a
leading destination for new homes and rental listings, moving, home
and garden, and home finance; ListHub™, the leading syndicator of
real estate listings; Moving.com™; SeniorHousingNet; SocialBios;
TigerLead®; and TOP PRODUCER® Systems. Move, Inc. is based in
San Jose, Calif.
SOURCE Move, Inc.