REBNY selects new residential listing service

Warburg broker and REBNY technology chair Steven Goldschmidt

The Real Estate Board of New York is updating the technology behind its residential listing service, Crain’s reported, and switching to Stratus Data Systems from RealPlus Online Listings Exchange. The new service, which is compatible with applications and software that allow more programs to access information from the listing service, will be implemented in January, but the switch won’t be complete for a year.

“We needed a system that could keep up with the times,” said Steven Goldschmidt, a broker at Warburg Realty and chair of REBNY’s technology committee. “We are going from a 1995 Audi to a 2013 Lexus.”

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But Eric Gordon, who founded the RealPlus system that was adopted a decade ago and is used by 350 brokerages, said the change was unnecessary as his system meets industry standards.

REBNY began its search for a new listing service last year, and issued a request for proposals June 2, 2010. At the time, The Real Deal reported that brokers wanted a more streamlined service that would operate closer to real time and give equal opportunity to large and small brokerages.


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