REALTORS® will soon have access to more than 100,000 new-home listings on Realtors Property Resource® through a partnership with new-construction data supplier BuildersUpdate.com.
“With new-home construction data from Builders Update, agents will have access to an important resource in today’s rapidly changing market, while being protected in the sales process,” says RPR® CEO Dale Ross.
According to Bill Gaul, CEO of Builders Update, new-home data availability for agents is often spotty and difficult to acquire. “We are pleased that we have worked out an agreement with RPR®, a system that is both technically advanced and highly regarded in the country as the ‘go-to’ resource for licensed agents,” says Gaul. “I was immediately impressed after receiving a presentation about RPR® capabilities and functionality; however, a depth of new-home construction data was missing.”
Builders typically spend a great deal of money and time trying to woo consumers directly, but in fact, according to NAR, 64 percent of new-home construction is sold with the help of a REALTOR®. RPR® expects the data integration to be available to REALTORS® later this summer.