We are now live with our first uncaged™ private MLS.
Our technology transforms the complex treasure-trove of the private MLS into a user-friendly and essential resource for home buyers and sellers.
Because of an industry-wide antitrust settlement with the Dept. of Justice, the private MLS will proliferate, just as the public MLS already has.
Private MLS listings amount to insider information, normally available only to real estate professionals. Consumers are irresistibly drawn to this new and compelling data.
The scope of the addressable market exceeds 50 million private MLS listings, which is more than ten times the amount of public MLS listings. In addition there are over 200 million private data fields associated with public MLS listings.
Agreements are in place with a consortium of MLS systems and we have passed compliance reviews. Alpha was Q3 2013. Private beta was Q4 2013.