In the 4th quarter of 2015, GSREIN announced a data coop with Baton Rouge coming in late Feb 2016. What does this really mean and how does it affect Realtors(R) and homeowners?
For Realtors(R) – Lockbox keys now work for both Baton Rouge based MLS listings and New Orleans based listings. A Realtor(R) does not have to subscribe and pay for 2 different keys. (as they would have before in order to work both markets) In addition to this, All Baton Rouge listings are visible to all NOMAR members through the Data Co-op feature. (and vice versa for Baton Rouge members)
For Homeowners – We need to wait and see how effective the coop tool really is from a search stand point. I am curious to see if the Baton Rouge listings only show up in the coop based search… or if the generic search feature will bring back all of the Baton Rouge listings. If it does, it means that homeowners may be able to list Baton Rouge properties directly into the NOMAR system. (allowing Baton Rouge Realtors(R) to have access to these listings)
More to come in late Feb when this is rolled out by the Associations.