Metropolitan Regional Information Systems (MRIS) and MY Florida Regional MLS (MFRMLS) Select Real Estate Digital’s reDataVault
Service Gives Industry Professional Organizations (MLSs, Associations and Brokers) More Control Over Use of Licensed Listing Data
Submitted by: RE Technology
ReDataVault addresses the real estate industry's pressing need to simplify, standardize and streamline the MLS listing data licensing process by offering a document workflow system for all licensing-related documents and contracts (e.g., IDX and broker participation agreements). The system also offers automated dashboard alerts and unlimited cloud-based document storage and retrieval for 24/7 access.
"MRIS is deeply committed to a secure and robust environment for our Brokers' data," said John L. Heithaus, Chief Marketing Officer, MRIS. "RED's reDataVault meets and exceeds our requirements thus far. We're very pleased with the first generation of the product and look forward to the next generation of tools and resources to manage our most vital asset."
"We are thrilled to be working with the professionals at Real Estate Digital. Implementation of reDataVault has been a great team effort. The new system offers us many advantages beyond simple document management and helps our staff better serve our members' future need for properly licensed MLS data," said Deanna Rogers, Vice-President of Business Development, My Florida Regional MLS.
According to Ira Luntz, Senior Vice President at Real Estate Digital, "Data is one of the most valuable assets in the industry. With reDataVault's MLS-branded web portal, MLSs can upload and store agreements between Brokers and vendors, view account summaries and track all of their licensing and data transactions in detail."
About Real Estate Digital
Real Estate Digital is the leading provider of integrated technology, media and data solutions to real estate franchisors, brokerages, agents and MLS organizations and associations. Some of its offerings include rDesk® Websites, Real Estate & Living Media®, reDataVaultTM, TransactionPoint®, DocCentralTM, FormCentralTM, MLS Portal, Neighborhood and School Reports, rDesk® CRM, rDesk® CMA and rDesk® IDX. The company has relationships with over 400 MLS organizations, 350 broker companies, nearly 60 settlement services companies and more than 250,000 real estate professionals. Visit us on the web at realestatedigital.com, and follow us on Twitter: @re_digital and "Like" us on Facebook.com/redigital.
MRIS is real estate in real time™, enabling its customers to list and sell nearly $100 million in real estate each day. In 2011, the company facilitated $33.6 billion in cooperative broker sales. A leading systems developer and integrator of real estate information technology and databases, MRIS connects its customers with timely, accurate and actionable data with a growing portfolio of technology solutions. This includes broker and agent software products, an industry-leading consumer real estate portal, HomesDatabase.com, and many others. MRIS also showcases unique homes and offers tailored community information through its online television network, mrisTV.com. Behind the scenes, the CURE Solutions Group subsidiary of MRIS provides back-end technology to other MLS systems through CURE, a proprietary solution. MRIS serves nearly 45,000 real estate professionals spanning a 22,000 square mile section of the Mid-Atlantic region, including Maryland, Virginia, Washington, D.C. and markets located in Pennsylvania and West Virginia. Visit MRIS at MRIS.com, "Like" us on Facebook.com/MRISonFB, and follow us on Twitter, @MRIS_REal_News.
About My Florida Regional MLS
Headquartered in Orlando, FL, My Florida Regional MLS (MFRMLS) is Florida's largest multiple listing service (MLS) company with over 32,000 members in 13 central and southwest Florida counties. Owned by 15 shareholder Realtor® boards, MFRMLS offers a comprehensive suite of productivity and marketing tools to professionals in the real estate industry. To complement its core residential offerings, MFRMLS operates a commercial information exchange, called My Florida Commercial Real Estate, located at MFCRE.com. MFRMLS also operates the consumer home and property search website MyFloridaHomesMLS.com. For more information, please visit MFRMLS.com.