- REAL ESTATE EDUCATION
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Member Update on the RLS Syndication Launch
October 9, 2017
This past August, after two years of meticulous planning, the Real Estate Board of New York’s (REBNY) Residential Listing Service (RLS) launched Syndication, a game changing service for the industry. Syndication significantly improves the visibility of listings by centralizing listing data through a single feed. The demand for this service is beyond even what we could have imagined. Today, over 90 percent of RLS listings are being syndicated.
Capping off an exciting two months of delivering better tools and services to help advance the industry for you, we recently announced a groundbreaking partnership with the New York Times Real Estate section. Our agreement with the Times ends its decades-long practice of charging residential brokerage firms to list on their website. Today, brokers can send their listings to the New York Times and many other sites, via RLS Syndication.
If you haven’t opted into RLS Syndication yet, you’re missing out on this service that represents a significant step forward for the industry. It’s not too late, opt in here.
As you’ll see, we continue to make progress and look forward to working with you as we work together to advance the business of real estate in NYC.