RESAAS sees 63% Increase in RealTimeMLS Usage by San Francisco Realtors in 2018

RESAAS Services Inc. (TSXV: RSS, OTCQX: RSASF), a cloud-based blockchain technology platform for the real estate industry, announces a significant 63% increase in the posting of pre-market and off-market listings so far in 2018. In addition, the posting of buyer need requests have increased by 56% in the first five months of 2018 compared to the same period in 2017.

A little over two years after the successful launch of RealTimeMLS in San Francisco, the solution has become increasingly more popular and is a relied upon business tool for members of the San Francisco Association of REALTORS® (SFAR). Since its inception, new members continue to join RealTimeMLS every day. In 2017, the number of members who joined RealTimeMLS increased by over 50%.

Earlier in 2018, the purpose of RealTimeMLS was refocused primarily on the posting of pre-market and off-market listings as well as buyer needs (agents looking for a certain property type for their buyers), which was a major driver for the increase in usage.

“We have reached critical mass with RealTimeMLS and we are seeing real commerce happening in this authorized platform, which follows our local rules and regulations,” said Jay Pepper-Martens, MLS & IT Director at SFAR. “RESAAS has been a phenomenal partner to work with and has responded to our numerous requests for alterations.”

Several enhancements have been made to the solution in recent months, which all contribute to the value it provides, including:

Native mobile application – available on both iOS and Android, SFAR members can access RealTimeMLS remotely while on-the-go

MLS integration – pre-market listings entered into RealTimeMLS first can be subsequently pushed into SFARMLS, helping the MLS to keep their records accurate

Push notifications – members who download the SFAR RealTimeMLS mobile app receive instant push notifications when there is new activity within the group, such as new pre-market listings or buyer needs posted

Analytics – provides membership and the MLS with insight into the number of members accessing RealTimeMLS on a daily basis

Group search – ability to search for and discover content (listings, referrals and buyer needs) posted within RealTimeMLS to-date with advanced filtering options

“We are pleased to have supported the exceptional growth of RealTimeMLS in the San Francisco market over the past two years,” said Danielle Sissons, VP Operations at RESAAS. “Focusing primarily on the posting of pre-market and off-market listings and buyer needs has aided in the adoption and engagement of activity levels seen within the solution.”

To learn more about how RealTimeMLS can help your MLS or real estate association, visit https://corporate.resaas.com/ or email corporate@resaas.com.

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About the San Francisco Association of REALTORS®

The San Francisco Association of REALTORS® (SFAR) is part of a network of local and state associations of REALTORS®, all of which are affiliated with, and chartered by, the National Association of REALTORS®. SFAR provides services to REALTORS® doing business in San Francisco and the Northern Peninsula. The Association operates the SFAR multiple listing service (SFARMLS) in addition to providing services for members including: publications, education programs and legislative representation. For more information, visit https://my.sfrealtors.com/.

About RESAAS Services Inc.

RESAAS is a cloud-based and blockchain technology platform that enables real estate brokerages, franchises and associations to bring real-time communication, new business opportunities and unique data to their agents on a global basis.
Visit www.resaas.com for more information.

For further information contact:

Tom Rossiter, CEO

RESAAS Services Inc.

Tel: +1 (604) 558-2929, Email: investors@resaas.com

The TSX Venture Exchange has neither approved nor disapproved the contents of this news release. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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Source: www.fscwire.com