From: Charles McMillan, 2009 President
Date: November 6, 2009
Re: NAR Database Will Give REALTORS® Access to Nationwide Property Data
I am pleased to announce the new REALTORS® Property Resource™, a wholly
owned subsidiary corporation of the National Association of REALTORS®.
When it is launched at the end of the second quarter of 2010, RPR™ will
give REALTORS® nationwide access to data on all properties at their
fingertips so they can respond quickly to consumers interested in
residential and commercial real estate.
A significant data content and licensing agreement with LPS Real
Estate Group, a leader in real estate information and technology, will
allow NAR to develop this parcel-centric information database covering
all of the more than 147 million property parcels in the country. A
number of additional technologies and functions are also being acquired.
Please note that this is not a national MLS and will carry no offers of cooperation and compensation.
This is exciting news and a terrific NAR member benefit. NAR is
committed to keep REALTORS® central to the transaction and to the
buying and selling experience with their clients and customers.
For more information, please read the
2009 NAR President