Where Real Estate Gets Its Dirt

RUMOR: First American offers up to 40% rev share with MLS providers

Looks like First American in wake of the recent COVE meetings in Scottsdale have been offering a 40% revenue share deal to MLS Providers who sign with them exclusively .  15% for a non-exclusive deal.

This is in direct response to RPR policy of not sharing revenues derived from sale and use of MLS data.

The other interesting thing I’ve heard is RPR’s response.  Word is they plan to ignore MLS providers and go straight to brokers for permission.

Can anyone confirm??

Oh man this is getting verrrrrrry interesting!

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  3. Greg, I didn’t know another way to reach you;

    Headline, ” calREDD™ today announced a succession of successful launches at the Chico Association of REALTORS®, the Oroville Association of REALTORS®, and the Paradise Association of REALTORS®”

    Thru the grapevine, I have heard that they are experiencing situations that mirror what happened in Fresno!

    Wish you would inform us, here in V.A., on the status of these systems!

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