MetroList expands its reach; LIBOR rolls out affiliate program
Calaveras County Realtors partners with Northern California’s largest MLS; LIBOR launches Bridge2Business; Colorado’s IRES joins the MLS Grid network.
Editor's note: From regional and statewide players to locals focused on a single market, multiple listings services and Realtor associations are the backbone of residential real estate. Here we highlight some of the latest news about the organizations that are shaping the future of the industry.
NorCal's largest MLS gains new partner
MetroList, an MLS serving more than 20,000 members across California's Central Valley, announced a new partnership with the Calaveras County Association of Realtors (CCAR) this week.
CCAR operates in a largely rural part of the state with a membership of roughly 250. The association's members will now be able to utilize MetroList's technology, platforms and extensive listings database, as well as its training and education resources, according to a news release.
"As we continue to expand our reach, our priority is to equip real estate professionals with the data, tools, and support they need to succeed in a competitive market," MetroList President and CEO Dave Howe said in the announcement. "Collaborations like this with CCAR strengthen MetroList's regional network, enabling us to enhance the services we provide to our subscribers."
CCAR's past president, Jesse Gibbs, said the organization's leaders determined that partnering with a larger MLS network would "help secure the future of our association and its members," calling the move "a significant win for our members and the communities they serve."
LIBOR launches affiliate program for area businesses
The Long Island Board of Realtors (LIBOR) has announced a new advertising and networking program designed to give local businesses increased exposure to the association's more than 25,000 members — and provide LIBOR with a new revenue stream.
The Bridge2Business affiliate program offers participants a variety of advertising and sponsorship packages, providing businesses with "opportunities to build visibility and connections within the Realtor community," according to a news release.
LIBOR says its members have closed more than $9 billion in sales volume so far this year, adding, "national data shows that each home sale generates approximately $113,000 in local economic activity and supports two jobs, amplifying the importance of Realtor-driven transactions."
By creating "stronger ties between Realtors and local businesses," the Bridge2Business program is "a win-win that helps Realtors better serve clients while empowering businesses to grow within Long Island's dynamic real estate market," LIBOR CEO Doreen Spagnuolo said in the announcement.
MLS Grid welcomes IRES to its network
MLS Grid, a collaboration among more than 30 MLSs across the U.S. representing nearly 360,000 subscribers, added another partner to its network last month.
Members of northern Colorado's Information and Real Estate Services (IRES) MLS, which represents six Realtor associations, will now have access to MLS Grid's centralized data feed — a platform designed "to make data delivery easier, faster, and more reliable for MLSs across the country," MLS Grid CEO Joseph Szurgyi said in a news release.
"We're excited that IRES recognizes the value of a unified approach to powering the tools and technologies that keep the real estate market moving," Szurgyi added.
"At IRES, we're dedicated to advancing data integrity and innovation to better serve our marketplace," said Jeff Bosch, the organization's CEO. "By joining MLS Grid, we're ensuring that our brokers and technology partners benefit from a seamless, standardized platform built for the future of real estate data.