• Mon. Nov 28th, 2022

Real estate in Georgia and Colorado is getting closer for buyers and sellers

ByWillie M. Evans

Oct 24, 2022

FMLS and REcolorado Ink data-sharing agreement, creating new opportunities for 84,000 brokers and agents in a multi-state area

Our alliance gives brokers and agents the ability to see listings outside of the immediate areas they serve, as well as make referrals to professionals with local expertise.

— Gene Millman, President and CEO, REcolorado.

ATLANTA, GEORGIA, USA, October 24, 2022 /EINPresswire.com/ — FMLS, the largest MLS in the state of Georgia, and REcoloradoColorado’s largest MLS, today announced a data-sharing agreement that significantly expands the market area of ​​both organizations.

FMLS serves 57,000 customers and partners throughout Georgia and Alabama, while REcolorado provides services to more than 27,000 professionals throughout Colorado.

“The synergies between the FMLS and REcolorado markets run parallel,” said Jeremy Crawford, President and CEO of FMLS. “Both areas continued to grow from an economic and real estate perspective,” Crawford said. “Georgia and Colorado were among the first states to recoup all pandemic job losses, and some of the fastest growing states in the nation,” Crawford concludes.

“Our alliance with FMLS will give brokers and agents the ability to see listings outside of the immediate area they serve, as well as make referrals to agents who have local expertise,” says Gene Millman, President and CEO of REcolorado. “We see that many home buyers are expanding their home searches to different markets. Making a warm transfer to a credible and trusted agent ensures that consumers receive the best service even when moving across the country. »

The agreement provides local brokers and agents from both MLS with direct, real-time access to reliable listing data in each other’s markets. Both MLSs are Platinum certified with RESO listings data standards, making it a seamless partnership that will therefore be easier to set up and maintain.

According to the two organizations, now is a good time to form strategic collaborations between like-minded MLSs that create scale to increase value and break down geographic boundaries in data so brokers and agents can be more efficient and expansive. The combined MLS footprint allows REcolorado and FMLS members to focus on what’s best for real estate professionals and consumers. With housing inventory continuing to be low, this provides brokers and agents in both MLS with greater networking and referral opportunities.

Data sharing is expected to go live in early 2023.

About FMLS:
The First Multiple Listing Service (FMLS) was founded in 1957 by eight brokers who wanted to share real estate listings and connect buyers and sellers. Today, FMLS is the fourth largest MLS in the United States, and as Georgia’s largest MLS, serves nearly 57,000 members in their home state and through MLS partnerships in Alabama. Additionally, its world-class technology platform and FMLS training institute is fueling the growth of agents, brokers and appraisers in the region. Learn more about FirstMLS.com.

About REcolorado:
REcolorado® is Colorado’s largest Multiple Listing Service (MLS) with more than 27,000 professionals operating throughout the state. He’s the real estate agent® owns and serves real estate professionals, including members of the Denver Metro Association of REALTORS®Mountain Metro Association of REALTORS®REAL ESTATE AGENTS® from Central Colorado, South Metro Denver REAL ESTATE AGENT® Association, and the Board of Realtors of Steamboat Springs®. REcolorado is also the provider of the public site REcolorado.com, which includes home listings and access to agents across the state.

Steve Mapes
FMLS
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