First American Signs Multi-Year Agreement With Largest MLS Customer
— Southern California MLS Membership Hits 55,000 —
November 10, 2006, VIENNA, Va.
First American MLS Solutions, Inc. (FAMLS), a division of First American Residential Group and a member of The First American Corporation (NYSE: FAF) family of companies, today announced that the Southern California Multiple Listing Service (SoCalMLS) has signed a multi-year agreement to continue using First American’s TEMPO™ MLS system.
With more than 55,000 members, SoCalMLS is First American’s largest MLS customer and the second largest MLS organization in
“First American has proven to be an outstanding business partner,” said Russ Bergeron, chief executive officer of SoCalMLS. “They provide innovative technology and responsive service, both of which continue to improve the way our customers do business. I have tremendous confidence in both their leadership and product direction, and look forward to four more years of superb service.”
“We have been working rapidly to create efficiencies for the real estate professional,” said Stephen C. Roney, president and chief executive officer of First American Residential Group. “First American has accomplished this by providing MLS platforms and services that offer a variety of solutions to streamline and improve the businesses of brokers and agents. We then take it a step further by integrating those platforms with our industry-leading real estate broker management and agent software solutions, transaction management and other technologies to offer a single, end-to-end solution for the residential real estate industry that becomes much more valuable than its individual parts.”
“Our continued focus on customer service is paying dividends in increased customer satisfaction,” said Bryan Foreman, president of FAMLS. “This new contract is a strong endorsement of our technology—particularly because SoCalMLS serves such a progressive market. We’re absolutely thrilled to have this opportunity to extend our partnership.”
SoCalMLS has been a TEMPO customer since January 2004.
About First American MLS Solutions
First American MLS Solutions, a division of First American Residential Group, was created in 2005 through the combination of First American subsidiaries MarketLinx® Solutions and Interealty. Offering transaction management, association management and MLS systems, First American MLS Solutions provides a full line of products and support services to more than 600,000 real estate professionals in
About First American Residential Group
First American Residential Group is a subsidiary business line established by The First American Corporation in 2002 to address the real estate brokerage, multiple listing service (MLS) and relocation market segments with the full array of First American capabilities. Its systems streamline real estate listing, financing and closing processes, resulting in increased efficiency and profitability. First American Residential Group operating units include First American MLS Solutions, the nation’s leading provider of MLS systems and real estate software in North America; Sonic Eagle and its flagship AgentAchieve software suite, offering broker business management, agent productivity tools, lead management, and MLS data aggregation; and Relocation Advantage and Certified Closing Network, leading providers of closing management services to relocation companies. For more information, visit: www.residential.firstam.com.
About First American Corporation
The First American Corporation (NYSE: FAF), a FORTUNE 500® company that traces its history to 1889, is
REALTOR®-owned Southern California MLS has been serving the real estate community of Orange,