Midwest Real Estate Data LLC (MRED) Opts for Two Award Winning Services

Inman's Most Innovative New Technology of 2011 is Down Payment Resource (DPR). Launched by Workforce Resource in 2009, DPR is a web tool that connects eligible homebuyers and eligible properties with government-funded programs for down payment assistance, rehab loans and other loan programs. The product helps bridge the gap for prospective homebuyers and move real estate transactions forward in a difficult lending environment. This month, MRED is introducing DPR as an integrated part of its MLS system and offering it as a part of data feeds that brokers and agents can use on their own web sites.

Inman's Most Innovative MLS or Real Estate Trade Association Award for 2011 was given to the Minneapolis Area Association of Realtors®. A division of the association, 10K Research and Marketing, launched The Thing in July, 2010. It is an interactive real estate data tool through which local housing data can be analyzed by metrics such as median sales price and days on market, for property types including existing homes, foreclosures and new construction. MRED is introducing The Thing as an integrated part of its MLS system later this month.

"Congratulations to all of the 2011 Inman Award Nominees and Winners," said MRED CEO Russ Bergeron, himself an Inman Innovator award winner in 1998. "MRED is honored to have been one of the finalists for the 2011 MLS/Real Estate Trade Association Award. More importantly, we are thrilled to be providing our customers with cutting edge products and services that have been recognized industry-wide for being innovative and of great value to real estate professionals."

About MRED
Midwest Real Estate Data (MRED) is the real estate data aggregator and distributor providing the largest multiple listing service by listing volume to almost 8,000 real estate offices and nearly 40,000 customers, including brokers, agents and appraisers. MRED has expanded well into the "collar" counties surrounding Chicagoland, and its property information encompasses northern Illinois, southern Wisconsin and northwest Indiana.