Broker Public Portal Update
We have renewed our mission to deliver a national consumer facing website for MLS listings delivered by professionals who sell homes, not advertising. Our partnership with Homesnap was an outstanding success. Now we look forward to having a more profound impact as we seek a new partner.
November is off to a fast start for the Broker Public Portal (BPP). There were 49 companies who requested copies of the RFI. Our deadline for technology partners to respond to our request for information has passed and we now have 17 proposals from leading companies. Other than the 17 full responses, nearly a dozen companies provided information about enhancement applications that can be added to the full responses, to extend feature functionality.
BPP staff has placed all of the responses in a shared drive to allow anyone from the Board of Managers to review. A summary of each response is currently being drafted as an overview and will be available for the BPP board meeting on November 29th.
After the board meeting at the end of the month, all members of the Board of Managers will be invited to the meetings with each of the 17 companies providing us with an overview, which are scheduled for after Thanksgiving and into December.
The process of selecting a new partner or group of partners for the BPP is our top objective, now that the Homesnap relationship is wrapped up.
The BPP Board of Managers is composed of brokers and MLSs who each serve three-year terms; so a third of the board rotates off at the beginning of the year. We will be making an announcement in December to welcome the new directors, and give thanks to those who have served. Pat Shea, CEO of Lyon Real Estate in Sacramento is the leader of the nomination task force and has done an excellent job recruiting many of the best executives in our industry to participate in this industry-wide initiative – Thank you Pat.
About the Broker Public Portal
Broker Public Portal (BPP) is owned and operated by real estate brokerages and MLSs to deliver a better home search experience, with the same comprehensive, real-time MLS data used by real estate professionals – the people who list and sell homes, not ads.
Broker Public Portal, LLC was founded in 2014 and operated under the Homesnap brand through our joint venture from January 2017 to November 2022.
Consumers and real estate agents deserve better than what advertising-driven media companies offer today. Broker Public Portal is giving the industry a turn to speak and provide an agent-centric, industry-first, pro-consumer way to secure listing exposure and leads for agents as an alternative to what advertising companies offer.
Broker Public Portal serves more than 120+ MLSs representing 850,000 real estate agents and brokers.
Broker Public Portal is designed to help real estate professionals generate listing exposure and leads, and encourage prospects and clients to connect and collaborate directly with an agent. It is the only national online home search experience that gives consumers access to the same, real-time information as the professional REALTOR®, straight from the MLS.