System for Complying with Standards Is Being Streamlined

WASHINGTON, DC-Interealty Corp., a technology provider for the real estate industry, has unveiled a product designed to help organizations that provide multiple listings of real estate properties. The Vienna, Va.-based company said its technology would help companies comply with a policy enacted by the locally based National Association of Realtors. NAR’s policy provides standards of Internet data exchange that these multiple listing services must implement by January 2002.

With the technology, MLS providers will be able to display their own listings as well as listings of competing brokers, in essence providing a one-stop shopping site for buyers.