Houston becomes latest metro to add big data for Realtors

[Dustin Ruhl]

The Houston Association of Realtors have made a multi-year agreement with Remine, who provides data and analytics to its clients, as announced by the firms on Thursday. This will allow Remine to make its services available to the Houston area realtors community. Over thirty six thousand realtors and realty service provides will be able to take advantage of access to new and important data due to the establishment of this agreement. The data that Remine provides is called "big data" for a reason - there is a lot of it! This data will be made available via data tools and software designed to manage such large data sets. The primary goal in using these impressive tools is to provide better service to customers. This comes in the form of identifying listings and the customers that may be interested in them, as well as providing an effective and meaningful way to reach them. The software features modern interactive elements that are expected in many fields of industry, but are only just now becoming readily available to realty. For instance, realtors will be able to search for properties on maps - just as provided by many online sites - instead of using archaic list formats. This advantage is cemented with rich metadata being readily available - data points like previous sale price and current occupancy will be available to review with the listings. In addition to this, a special score called the RPI is available alongside equity information - this can help a realtor decide if a property could be purchased easily from the current owner. Remine is excited and happy to add this agreement to its list that includes states such as Michigan and Alaska.

Key Takeaways:

• Newly signed multiyear license will aid more than 36,000 realtors in Houston area.
• Remine is a data and predictive analytics provider which aids realtors in selling homes.
• Remine is continuing to expand nationwide as they move into larger metro areas of Texas.

"Remine will provide agents with powerful new data based tools that will improve the way they provide service to their customers, identify new listings, connect with buyers and stay in touch with their clients"

Read more: http://www.housingwire.com/articles/40034-houston-becomes-latest-metro-to-add-big-data-for-realtors