January 10, 2011
International MLS Looks for Partners
US-based company The International Realty Inc. says it has created a world first with its international property search offering, dubbed the international MLS or "IMLS".
“All listings are displayed on [The IMLS] for free, providing commissions for each referred client when a sale occurs,” Nussbaum explains, adding that all client leads are sent to the listing broker.
According to Nussbaum, The IMLS currently has nearly 100,000 listings from “top agencies around the world” including Coldwell Banker Mexico and a number of Coldwell Banker’s affiliates in the Caribbean.
As well as displaying these listings on theinternationalrealty.com and theinternationalmls.com, The IMLS has also added its listing search to six real estate agency sites in the US, Canada, UK and Turkey, as well as property portals 1casa.com, 1st-for-french-property.co.uk, and go-to-france.co.uk.
theinternationalrealty.com adds that “we are also delivering property listings via our own XML data export feeds to some of the largest international real estate sites in the world,” however Nussbaum has declined to name these syndication partners.
Nussbaum does say that The IMLS system has recently resulted in the sale of a Brazilian property to a buyer in the UAE. He adds that he expects The IMLS to grow “exponentially” over the coming months as it is just now entering the US market and preparing to announce its first US collaboration agreement.
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