Lender Processing Services Inc. (LPS) has announced that Georgia Multiple Listing Service (GAMLS) has successfully launched LPS' new reInsight MLS to its more than 25,000 members. GAMLS, which maintains the nation's fifth largest MLS database with about 55,000 active and more than one million off-market listings, will use reInsight MLS to host and provide its data to real estate professionals across Georgia so they may more efficiently and effectively collaborate with current and prospective clients.
"On GAMLS' 50th anniversary, we're happy to be able to present our current and future members a significant improvement in the way they serve their clients using the MLS system," said Richard Boone, chief executive officer of GAMLS, which is based in Tucker, Ga. "We have been partners with LPS for more than 15 years, and we are excited to work with them to launch this unique, next-generation MLS system at a time when members and their clients can use an extra competitive advantage in the marketplace."
The reInsight technology upgrades GAMLS' real estate property listings-based system by integrating public records data into the MLS, incorporating a map-centric interface, expanding the user's ability to customize the system to his or her unique requirements, and offering a technologically advanced graphical interface that enables users to perform more work from a single view. The embedded Comparative Market Analysis (CMA) merges MLS and public records data to provide very accurate insight into the local market.
"Extending the LPS-GAMLS partnership has created a new MLS system that is scalable and configurable to meet the needs of both casual and more sophisticated users," said Rich Lull, managing director for LPS MLS Solutions. "We commend Georgia MLS for its vision, and we are pleased to deliver an MLS system that not only changes the way users do business, but provides a foundation for future innovation."