NAR’s Second Century Initiatives include the creation of the Realtors Property Resource^TM (RPR), an online real estate library/archive that will provide real estate professionals with data on every property in the United States.

The initiative will be based on the collaborative efforts of REALTORS® and the real estate community, including MLSs. It will drive development and implementation of data standards and definitions, and will increase the breadth, depth, immediacy and power of real estate information available to REALTORS®.

BENEFITS & HIGHLIGHTS

The RPR™ will provide unmatched access to a single-source national compilation of tax and assessment data; property data; neighborhood, school, demographic and psychographic information; and maps, trends and reports. It will be exclusive to members of NAR, and members of subscribing MLS/CIE’s who are participants of the RPR.

Members who register with a valid NRDS ID can access non-proprietary, non-MLS/CIE sourced data; however, only MLS/CIE Subscribers/Participants will be able to view MLS/CIE sourced information. There will be no public access to the RPR™, and the database and its data cannot be shared through consumer websites.

The RPR™ is not a national MLS, and will carry no offers of cooperation and compensation. Its design is to provide a single-source access for public record information for commercial, residential and vacant land such as tax assessments and comparable data, liens, zoning, permits, environmental, neighborhoods, school districts and community demographics.

With this new technology acquisition and data licensing, the RPR™ will provide tax and assessment data coverage in 92% of U.S. counties, and has an aggressive plan to provide coverage for as close to 100% of the country as possible within two years.

The RPR’s™ national demographic information, along with enhanced search capabilities, will allow a REALTOR® anywhere in the country to provide more information to their clients. The enhanced search features will allow nationwide depth of property searches, as well as market-to-market comparisons. Advanced User Profile Features and social networking components will help REALTORS® create referral communities, as well as reverse-prospect specialized property types, such as vacation and waterfront to REALTORS® throughout the U.S.

The RPR™ system will include online training and contextual help, along with support through e-mail, online chat and toll-free telephone.