Increased Sales and New Clients for LPS During 2nd Quarter 2011

LPS Real Estate Group's sales force continued its winning streak during the second quarter of 2011. The success of the upgraded Paragon 5, and a good showing at NAR's Midyear Legislative Meetings and Trade Expo in May, translated to increased demand for MLS products and services.

Paragon 5 Multi-tasking Capability
According to LPS' Senior Vice President of Sales Bob Morse, Paragon's new multi-tasking capability has increased his sales team's need to multi-task - since the team is very busy meeting with MLS administrators across the country to talk about Paragon's innovative features.

"We're hearing that Paragon's multi-tasking within the program has become the differentiator," he said. "Some platforms use the term multi-tasking to simply mean opening multiple windows. Paragon 5 allows users to simultaneously conduct multiple searches, run a CMA, add listings, research public records and more, allowing agents to be even more efficient with their time."

MLS Portal
The other product attracting great interest is MLS Portal, LPS Real Estate Group's public-facing website. During the NAR event, and also at the MLS Cloud 2011 Conference in June, MLS executives pressed Morse and Kevin Greene, LPS' Vice President for MLS Solution Sales, for more information about the product. By the end of the conference, three major U.S. MLSs had contracts for MLS Portal:

• The Austin Board of REALTORS®, to use MLS Portal to power the new www.AustinHomeSearch.com website
• The Real Estate Board of New York (launched June 6)
• MRIS, to use MLS Portal to power www.HomesDataBase.com (launched August 4)

Recent Paragon Contract Extensions
Morse also provided a list of recent Paragon contract extensions, along with extensions that included additional products.

• Austin Board of REALTORS®, with MLS Portal
• Bloomington-Normal Association of REALTORS® with rDesk® Community Reports, WalkScore, reInsight® Mobile
• Carbon Emery County MLS
• Greater Tyler Association of REALTORS® with the MLS Portal/IDX bundle
• Greene County Board of REALTORS® with WalkScore, reInsight® Mobile
• Jackson MLS
• Kosciusko County Board of REALTORS®, with reInsight® Mobile
• Lebanon County Association of REALTORS®
• Mammoth Lakes Board of REALTORS®
• Mid-Eastern Indiana Association of REALTORS® with WalkScore, Community Reports
• Old Kentucky Home Board of REALTORS® with rDesk® Website, Neighborhood & School Reports (NSR)
• Reelfoot Regional Association of REALTORS® with reInsight® Mobile, Community Reports
• Richmond Association of REALTORS® with reInsight® Mobile
• Topeka Area Association of REALTORS® with reInsight® Mobile, NSR, WIFI mobile application
• West Central Association of REALTORS®

The LPS Real Estate Group provides market-leading MLS systems, broker and agent software service solutions, public record data, data aggregation services, and content relevant to real estate professional services. Through our relationships, we serve more than 300 MLS organizations, 250 broker companies, and more than 350,000 real estate professionals.

For more information visit www.lpsreg.com, or contact us at MLSsales@lpsvcs.com.