MLS buys Pensacola company


  • By
  • | 12:00 p.m. September 12, 2011
  • Realty Builder
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The Northeast Florida Multiple Listing Service has purchased Metro Market Trends, a leading provider of real estate sales, tracking, market share reports and custom analysis information. MMT products and services include information on real estate sales of both listed and unlisted property.

With the acquisition, the Pensacola-based MMT becomes a wholly-owned subsidiary of the NEFMLS. MMT products and services will continue to be offered by the same seasoned management team under the MMT brand, now backed by NEFMLS.

 “Researching real estate data can be a fragmented experience for real estate professionals and the related content is often inaccurate, outdated and/or inconsistent,” says NEFMLS CEO Ron Stephan. “By acquiring MMT, we have combined NEFMLS’s current listing aggregation with MMT’s historic public record content. Through our combined strengths, we successfully aggregate vast amounts of data from a variety of sources, and ensure that the data is current and accurate.”

MMT tracks sales and foreclosure data on new and existing condos, single family homes, construction loans, lots and land, non-residential land and commercial real estate. Software from MMT is offered through both Windows and Web-based applications.

 

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