“RPR is very excited about this new partnership,” said RPR CEO Dale Ross. “Our goal is to provide REALTORS® with the latest in high value property information to assist their clients and customers at all levels of the real estate transaction. By adding new home construction data through Builders Update, agents will have access to an important resource in today’s rapidly changing market, while being protected in the sales process.”
According to Bill Gaul, CEO of Builders Update, new home data availability for agents is often spotty and difficult to acquire. The agreement will initially make about 100,000 new home listings available to agents through RPR.
“We are extremely pleased to announce 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,” said Gaul. “I was immediately impressed after receiving a presentation about RPR® capabilities and functionality, however, a depth of new home construction data was missing.”
Bob Seeman, VP of Business Development for Builders Update added, “Agents want to sell homes, brokers want to make money, and once agents realize how easy it is to use this data provided to RPR in their presentations, they will have the potential to increase their earnings.Agents will now have 24/7 access to thousands of new home listings and builders will be able to make their homes available to hundreds of thousands licensed Realtors® working with prequalified buyers who would consider a new home.”
Builders typically spend a great deal of money and time trying to woo consumers directly, but in fact, according to NAR, 64% of new home construction is sold with the help of a REALTOR®.“The reality,” said Gaul, “is that reaching agents using a tool like this is far more cost-effective for a builder because the agents are ready with a pre-qualified client.
“Our key partnerships to this point have been with forward-thinking MLSs who want to provide new home information to their membership,” added Gaul. “This partnership with RPR® expands our reach to agents, and that should be exciting for all parties––agents, brokers and builders.”
About BuildersUpdate.com: BuildersUpdate.com was created as a web-based search engine to locate new home inventory, communities, to-be-builts, and coming soon communities that are geo-targeted to the specific needs and desires of prospective homebuyers working through licensed Realtors®. Their patented technology is unique in many ways and solves the dilemma that has faced Builders across the country wanting to gain visibility with agents eager to sell new homes. There is no cost to agents or to the MLS, and Builders have a free option as well to upload their data to the system. Builders or MLSs interested in learning more about BuildersUpdate should contact 512.901.9899 or email@example.com. Media questions can be directed to 512.901.9899 or firstname.lastname@example.org
About Realtors Property Resource® (RPR®)
Realtors Property Resource, LLC® (RPR®), a wholly owned subsidiary of the NationalAssociation of REALTORS®, is an exclusive online real estate database created to support the core competence of its members. The parcel centric database, covering more than 160 million residential and commercial U.S. properties, provides REALTORS® with the analytical power to help clients make informed decisions while increasing efficiency in the marketplace. For more on RPR, visit blog.narrpr.com.