Realtracs Focusing on Memphis and Chattanooga Markets, Others To Follow
Realtracs, the largest multiple listing service (MLS) in Tennessee, is expanding service to new markets across the state with the goal of becoming Tennessee’s first statewide MLS.
Realtracs is initially expanding to the Greater Memphis and Chattanooga areas, with future plans to enter other Tennessee, Alabama, Georgia and Kentucky markets. Realtracs currently has more than 18,000 users in over 1,700 real estate offices across Middle Tennessee and parts of Alabama, Georgia and Kentucky.
The expansion marks the first time Realtracs has entered markets with a competing MLS already in existence.
“We see opportunity for a more unified real estate marketplace across the state of Tennessee,” said Realtracs President and CEO Stuart White. “We’ve worked hard to ensure our MLS provides the best experience, and our topnotch customer service is what really sets us apart. We believe we will eventually be the MLS of choice for all agents and brokers in Tennessee.”
As defined by the National Association of Realtors®, an MLS is “a tool to help listing brokers find cooperative brokers working with buyers to help sell their clients’ homes.” Realtracs’ MLS was developed and is maintained in-house by a team of engineers and developers. It provides users with the ability to perform statewide property searches, create customized reports, manage clients, view analytics and retrieve public records.
Realtracs users have access to free CE-accredited training courses, both online and in-person, and live chat is available six days a week. In addition, all Realtracs broker participants are automatically enrolled in Realtracs Rewards, a first-of-its-kind program offered by an MLS nationwide, compensating brokers for every closed listing on the platform.
Realtracs is offering agents and brokers outside of Middle Tennessee a free trial of the MLS.
“We believe every broker and agent should have access to all MLS listings across Tennessee, including market and tax data,” said Will Long, vice president of Business Development for Realtracs. “We have our sights set on providing that wide-reaching access to our users so Tennessee’s real estate marketplace can operate most effectively.”