Real Estate Digital Releases reDataVault Version 2.0
Service Gives Industry Professionals More Control Over Use of Licensed Listing Data
10.04.2011 – Irvine – Today, Real Estate Digital (RED) announced the commercial release of Version 2.0 of their reDataVaultTM real estate listing license management system. A free upgrade that builds upon last April’s initial release, reDataVault Version 2.0 addresses the real estate industry’s pressing need to better manage listing data licensing and delivery.
With the goal of simplifying, standardizing and streamlining the listing data licensing process, reDataVault features:
- Simplified document workflow system for all licensing-related documents and contracts (e.g., IDX and broker participation agreements)
- Improved management of listing syndication, with easily selected “opt-in” and “opt-out” options
- Automated dashboard event alerts; (e.g., receipt of signed agreements, requests for new licenses, listing syndication opt-in/opt-out usage; etc.)
- Unlimited cloud-based document storage and retrieval via RED’s DocCentralTM for secure 24/7 Internet access
“Everyone in the real estate industry has a stake in the proper and effective management of licensed listing data”, said RED’s Senior Vice President of Data Products, Ira Luntz. “And that’s why reDataVault was designed to be used by MLSs and brokerages alike. This is all still very new to our industry, but RED is committed to making sure everyone – across the board – has the ability to easily manage the use of their listing data.”
The near-term development roadmap for reDataVault targets several enhancements, including:
- Additional data delivery capabilities such as JSON formatted data
- RETS tracking and compliance components
- Detailed syndication activity reporting by listing and by agent
- Integration with RED’s premier FormCentral™ product
About Real Estate Digital
Real Estate Digital is the leading provider of truly integrated technology, media and data solutions to real estate franchisors, brokerages, agents and MLS organizations and associations. Its offerings include rDesk® Websites, Real Estate & Living Media®, reDataVaultTM, TransactionPoint®, DocCentralTM, FormCentralTM, MLS Portal, Neighborhood and School Reports, rDesk® CRM, rDesk® CMA and rDesk® IDX. The company has relationships with over 400 MLS organizations, 350 broker companies, nearly 60 settlement services companies and more than 250,000 real estate professionals. Visit us on the web at www.realestatedigital.com, and follow us on Twitter: @re_digital