Midwest Real Estate Data (MRED) and RMLS Alliance entered into a new data-sharing partnership that will provide real estate professionals access to listing and sold data across most of Illinois.
The collaboration brings together two of the largest MLSs covering Illinois to create one of the most comprehensive real estate data networks in the Midwest. Almost 50,000 agents and brokers will now have access to a broader geography of listings.
“This is a major step toward improving real estate collaboration,” MRED President and CEO Rebecca Jensen said in a press release. “This initiative will provide real estate professionals with expanded access to property listings across Illinois — enhancing transparency, efficiency and market reach.”
RMLS Alliance has more than 3,000 subscribers across Capital Area REALTORS®, Egyptian Board of REALTORS®, Quad City Area REALTOR® Association and the Peoria Area Association of REALTORS®. The MLS also has almost 10,000 active and pending listings, as well as over 550,000 sold listings worth of data.
“This is what progress looks like — MLSs working together to foster a more competitive, efficient marketplace for the benefit of the consumers and professionals who rely on them,” RMLS Alliance General Manager Cathy Wagner said. “This move strengthens both data access and transparency, which are essential to a healthy, competitive real estate industry.”
The MLSs have started technical integration and expect the expanded access to roll out later this year. More details will be shared in the coming months.