Resaas Services Signs Agreement with San Diego Association of Realtors

Resaas Services Inc. (TSXV:RSS) and the Greater San Diego Association of Realtors (SDAR) have signed a five-year agreement.
According to the press release:

This agreement will allow all 12,000 member Realtors of SDAR, the largest real estate association in San Diego county, to share lightweight property listings with one another while providing SDAR visibility into this premarket activity.
This is the second real estate association to take advantage of the revolutionary real-time listing sharing solution that gives member REALTORStrademark and the MLS themselves instant visibility into listings that are of pre-market status. In addition, the creation of a SDAR network on the RESAAS platform will allow its members to grow their international referral business and expand the exposure of their property listings.
“We pride ourselves on continually offering progressive technologies to our 12,000 members,” said Michael Mercurio, CEO of the Greater San Diego Association of REALTORStrademark. “We see RealTimeMLS as a key addition that will allow our agents to share listings and referrals quickly and easily amongst each other. Apart from communicating about local news and listings, we are looking forward to expanding the international reach of real estate in San Diego County. We have a number of international initiatives underway and see RESAAS as a vital component in facilitating those goals.”
Pre-market transactions are often difficult to track and measure, which can lead to a large percentage of sales not being recorded in the MLS records. As a result, there is incomplete sales data, making the Comparative Market Analysis (CMAs or “comps”) inaccurate. The solution provided by the RESAAS platform will allow MLSs to track data more easily, in an efficient manner.

Click here to read the full press release.