What is MRED?

12 Aug 2019

Posted at 12:43h by Amir 0 Comments

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Overview

Midwest Real Estate Data or MRED is the biggest MLS service provider in the area. An “industry giant,” as they refer to their MLS, this MLS offers accurate information to over 45,000 agents, brokers and appraisers.

MRED is not technically an MLS. It is rather an aggregator which provides Chicagoland MLS data to surrounding areas.

The main coverage area is Northern Illinois but parts of southern Wisconsin and northern Indiana are also served by MRED. The counties within the realm of MRED are the following:

MRED Provides:

The type of property
Year built or renovated
Tax and assessment amounts
Market time in # of days
Zip code, city and county
Number of units (in the case of an attached property)
Square footage
Room dimensions and features
Lot size and characteristics
Number of stories (in the case of a detached property)
Garage or Parking availability
Agent remarks and written description
Source: MRED LLC

MRED takes pride in using the latest advances in technology to better serve professionals in the region.

MRED was ranked the most innovative MLS in the US and its Help desk has been one of the best in North America for support and reliability.

MRED is the first-ever MLS to take advantage of Rest.ai artificial intelligence services.

Realtyna RESO API

Why it Matters

MRED is a force to be reckoned with. Here is why:

It the biggest MLS provider in the Midwest in the most densely populated area in the region: Chicagoland
It provides all-exclusive features for realtors such as RESO Gold API and wholesale pricing
It provides free training for subscribers
Great coverage (45,000 real estate professionals and 7300 offices)

As MLS providers around the nation merge, those affected by the changes must stay tuned with what comes next for an MLS, so they can plan their business more effectively.

Have experience with MRED or Chicagoland MLS, feel free to share with us in the comments!

Or interested to know about other MLS in the country? Check out What is TREND MLS?

Disclaimer

The opinions or information expressed in this article are those of the author and do not necessarily reflect the official views, policy, or position of Realtyna. The information on Realtyna’s Website is general, for informational purposes only, and is not to be relied upon or interpreted as real estate, legal, accounting, or other professional advice or a substitute. Please discuss anything related to the certification process, professional advice or legal procedures with your MLS providers.