New York Realtors to benefit from new listings service

Real estate agents and consumers in New York will benefit from a new listings feed being offered to members of the Real Estate Board of New York

New York Realtors to benefit from new listings service
Real estate agents and consumers in New York will benefit from a new listings feed being offered to members of the Real Estate Board of New York.

The Residential Listings Service (RLS) will make listings available through a centralized single feed, replacing the hundreds of feeds which are currently in operation.

“As part of REBNY’s increased investment to upgrade the RLS and broaden the scope of services provided to participating firms, this plan for syndication directly addresses a critical challenge facing New York City residential real estate brokers and salespeople,” said REBNY co-chair Diane Ramirez, Chairman and Chief Executive Officer of Halstead Property.

“With this process, the RLS will improve data quality for residential real estate agents and the public who will have access to accurate and consistent listing content, drive listing visibility and transparency, and streamline the process of sharing listings for all REBNY firms that choose to opt-in,” added co-chair Michael Bisordi, President of Tungsten Property.

The service will be available to members of the Board at no extra cost and has a target launch data of August 1st 2017 and has taken 18 months of planning and investment.

“Syndication is a win-win for our members as well as consumers. It will reduce costs and increase efficiency for agents, and provide more accurate data for consumers to make well-informed decisions," said REBNY President John Banks.