CoreLogic, a global property information, analytics, and data-enabled services provider, recently announced that its Matrix multiple listing platform has exceeded 500,000 real estate professional subscribers.
According to CoreLogic, this will mark the first time in history that a single multiple listing platform has served more than half a million users on the internet.
“This is a truly momentous milestone,” said Chris Bennett, General Manager of Real Estate Solutions for CoreLogic. “Historically, the MLS industry has been fractured by many competing vendors, with no one system able to emerge as the dominant standard. Matrix has changed that.”
CoreLogic said that the 500,000 figure does not include accounts where Matrix operates in parallel with another multiple listing platform or clients in the Matrix implementation queue, which represent an additional 100,000 users.
"Matrix embraces open data standards and best-practices in web development to create a unique combination of blazing performance, advanced functionality and broad accessibility,” Bennett stated. “Quite simply, Matrix is the right platform at the right time.”
In 2014, CoreLogic began changing its system implementation resources to help convert hundreds of thousands of users from its other multiple listing platforms to Matrix and approximately 250,000 users have made the switch.
“We’re simply thrilled that Matrix continues to attract so much attention from both new and existing customers,” Bennett concluded. “With the upcoming release of Matrix 360—which will directly integrate our industry-leading Realist property information with the Matrix platform—2016 promises to be a very exciting year for CoreLogic clients.”