MarketLinx and NORMLS Reach Contract Renewal Agreement


September 13, 2004, KNOXVILLE, Tenn.

MarketLinx Solutions™, a member of The First American Corporation (NYSE: FAF) family of companies and the leading provider of browser-based multiple listing service (MLS) systems to the residential real estate industry, today announced a three-year contract extension with Northern Ohio Regional Multiple Listing Service (NORMLS). Under the agreement, MarketLinx will continue to provide MLS technology to Cleveland area Realtors® through its TEMPO™ system, as it has done since 2000. 

According to Carl R. DeMusz, president and chief executive officer of NORMLS: “MarketLinx is not your typical MLS vendor.  We have found the MarketLinx staff to be flexible and creative technologists.  It’s a partnership, and we look forward to continuing our relationship with MarketLinx.”

NORMLS serves more than 7,700 Realtors in Northern Ohio and maintains almost one million property listing records. 

“MarketLinx is extremely proud to support leading real estate boards and multiple listing services like NORMLS,” said Kerry Tarr, MarketLinx’s director of technical operations and client services.  The NORMLS management team is leading the industry in the intelligent implementation of quality tools and services for its members.  We look forward to helping them reach their goals.” 

About NORMLS
The Northern Ohio Regional Multiple Listing Service (NORMLS) is a service organization that facilitates almost 600 member real estate companies, and their more than 7,700 agents, in cooperatively marketing properties for sale.  Their mission is to provide cost effective proprietary real estate information with the highest industry standards for the cooperative benefit of MLS users.” NORMLS is owned by four Realtor associations, including the Cleveland Area Board of REALTORS®, the Lake Geauga Area Association of REALTORS®, the Lorain County Association of REALTORS® and the Medina County Board of REALTORS®. NORMLS also serves the Ashtabula Board of REALTORS®. For more information on NORMLS, call (216) 520-4747 or visit their Web site at: www.normls.com.

About MarketLinx  
MarketLinx began operating as a privately held company in 1996 and was acquired by The First American Corporation in September 2003.  Headquartered in Knoxville, Tenn., MarketLinx employs more than 120 people.  MarketLinx currently provides MLS services to over 310,000 Realtors in 20 states.  Its TEMPO MLS system is used by more major MLSs than any other browser-based software system, supporting MLSs ranging in size from 1,000 to more than 30,000 subscribers including Realtors in such notable cities as Houston, Atlanta, Phoenix, Memphis, Dallas and San Diego. More information on MarketLinx can be found at www.marketlinx.com.

About First American
The First American Corporation is a Fortune 500 company that traces its history to 1889. As the nation’s largest data provider, the company supplies businesses and consumers with information resources in connection with the major economic events of people’s lives, such as getting a job; renting an apartment; buying a car, house, boat or airplane; securing a mortgage; opening or buying a business; and planning for retirement. The First American Family of Companies, many of which command leading market share positions in their respective industries, operate within six primary business segments, including: Title Insurance and Services, Specialty Insurance, Mortgage Information, Property Information, Credit Information and Screening Information. With revenues of $6.21 billion in 2003, First American has 29,000 employees in approximately 1,800 offices throughout the United States and abroad. More information about the company and an archive of its press releases can be found at www.firstam.com.

 

 

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