WASHINGTON (November 1, 2012) – Today the National Association of Realtors® launched its Realtors Property Resource® application nationwide. All Realtors® will have access to RPR, regardless of multiple listing service status with the site. Members whose MLSs and associations have partnered with RPR will have the benefit of additional functionality with the RPR tools and features, as the addition of local market data provided by their MLS will enhance some reports, trends and analytics, as well as display their own listings and those from their company.
“The Realtors Property Resource® is yet another remarkable way Realtors® bring value to their clients. The site is home to hundreds of data sets on millions of properties, exclusively for Realtors®,” said NAR President Moe Veissi, broker-owner of Veissi & Associates, Inc., in Miami. “RPR will save Realtors® time and money while increasing efficiency. This cutting-edge technology works on any web-enabled device and will provide robust data sets that can be searched, refined and printed for use with clients.”
RPR is a dues-funded, Realtor®-only national database of property information and is free of charge for NAR’s Realtor® members. The system is comprised of robust parcel-centric data sets covering more than 147 million parcels, including:
- Public records and tax assessment data
- Liens, stand-alone mortgages and refinancing loans
- Largest nationwide database of real estate-owned (REO) properties
- Advanced geospatial imagery, dynamic heat maps and historical property photos
- School district data, reviews and test scores
- Neighborhood boundaries and demographic information including points of interest
- Federal Emergency Management Agency (FEMA) flood maps
RPR has contracted with 425 MLSs across the U.S. representing more than 65 percent of Realtors®. MLS and associations may still partner with RPR to include MLS data in the system. The implementation process takes about 8-12 weeks, and there is no cost to implement the data.
The National Association of Realtors®, “The Voice for Real Estate,” is America’s largest trade association, representing 1 million members involved in all aspects of the residential and commercial real estate industries.