MarketLinx Solutions and NORES Reach Contract Renewal Agreement
July 13, 2004, SANTA ANA, Calif.
First American Residential Group, Inc., a member of The First American Corporation (NYSE: FAF) family of companies, today announced that its subsidiary, MarketLinx Solutions™, and Northeast Oklahoma Real Estate Services, Inc. (NORES), have agreed to a three-year contract extension. MarketLinx has provided Multiple Listing Service (MLS) technology to Tulsa, Okla., area Realtors® through its TEMPO™ system since early 2000.
“We’re pleased to continue our long-term relationship with MarketLinx,” said Al Unser, chief executive officer of NORES. “MarketLinx continues to be a leader in the market, and their TEMPO software offers the advanced features that our members are looking for.”
Formerly MLS of Tulsa REALTORS®, Inc., NORES serves more than 3,500 Realtors in the Tulsa and Northeast Oklahoma area.
“Our continued work with NORES affirms their confidence in MarketLinx’s people and technology,” said Stephen C. Roney, president and chief executive officer of First American Residential Group, Inc. “In today's competitive MLS market, only the best systems and service can meet the needs of progressive organizations like NORES.”
Northeast Oklahoma Real Estate Services, Inc., is a real estate organization whose members are united to provide services and promote education, professionalism and ethical standards in order to assist members to better serve the public and protect the free enterprise system and private property rights. For more information on NORES, call (918) 663-7500 or visit their Web site at www.tulsarealtors.com.
MarketLinx currently provides MLS services to over 310,000 Realtors in 20 states. Its TEMPO software provides a comprehensive array of MLS functionality and is currently used by more major MLSs than any other browser-based software system. MarketLinx is also the leading provider of real estate transaction systems (RETS) within the industry, providing standard data transmission technology in support of RETS interfaces from Realtor systems. More information on MarketLinx Solutions can be found at www.marketlinx.com.
About First American Residential Group
First American Residential Group provides service, product solutions, outsourcing and technology to members of the real estate and relocation industries. The company offers integrated solutions to real estate brokers and agents, and the associations and MLSs that serve them. First American Residential Group systems streamline the listing, financing and closing processes and lead to increased efficiency and profitability. Additionally, First American Residential Group is responsible for MarketLinx, the nation’s leading provider of MLS services; and Relocation Advantage, a leading provider of closing management services to relocation companies. First American Residential Group’s product, outsourcing and technology solutions have been built specifically to meet today’s real estate management needs. For more information, visit: www.firstam.com/residential.