CoreLogic Selected as Upstream Vendor

CoreLogic, a leading global property information, analytics and data-enabled solutions provider, today announced it has entered into an agreement to provide software and data services to UpstreamRE, LLC, paving the way for future innovation and enhanced data accessibility for real estate brokers and technology providers.

"More than any other technology firm in the real estate industry, CoreLogic is well positioned to deliver an industry-wide platform at a speed of implementation necessary to secure significant adoption during the coming year," said UpstreamRE CEO Alex Lange. "Under the terms of the agreement, real estate brokers participating in Upstream will continue to pay the same rates but have access to a wider array of features on the Upstream platform."

CoreLogic will leverage many of its existing proprietary applications to deliver a secure, comprehensive real estate brokerage data management solution for Upstream. CoreLogic intends to use Trestle™, its RESO platinum-certified data management system, as the core of the Upstream platform.

"We anticipate brokers will choose to push listing data into Upstream from their multiple listing platform and distribute data using Trestle as they do today," said Chris Bennett, executive leader of Real Estate Solutions for CoreLogic. "In the future, brokers will have access to add/edit capabilities and additional features that enhance their data and photos."

Solution providers that need to access broker data will be able connect to Upstream the same way they connect to Trestle today. CoreLogic will launch the data distribution component of Upstream in phase one of the project. Future phases will focus around roster management and other data add/edit functionality.

"The concept behind Trestle was to build bridges that securely connect data to broker technology applications," added Bennett. "This agreement between UpstreamRE and CoreLogic exemplifies that idea by creating a rules-driven data environment that makes it easy and efficient for technology vendors and multiple listing organizations to power real estate broker solutions."