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How Does CARETS Work?
CARETS and its shareholder associations share an expanded geographic set of combined MLS data while maintaining their local organizations, structure and local MLS software. This results in several MLS front-ends for the subscribers to choose from when accessing a consistent and combined database of listing information from the entire region.
The CARETS database includes property listings, agent and office information and images from all of its participating MLS systems. Each member MLS maintains its own copy of the entire CARETS database.CARETS retrieves the MLS data from each of the participating MLS systems. The data is converged and added to a massive common database where each field is transformed into a standardized format, to make it easy to search across all of the combined data.
Accordingly, each participating MLS downloads data from CARETS into its local MLS database so the entire combined database can be accessed and searched by the subscribers. MLS subscribers can continue utilizing their local MLS system or favorite access software. CARETS subscribers need only enter listings or make changes once through their chosen MLS, same as always. But now their listings are shared automatically with thousands of other professional subscribers and their customers.
Access is the same as before the launch of CARETS. Subscribers sign-up for MLS access through their respective MLS. The MLSs (or their designates) handle subscriber billing and collections. Uniform rules and enforcement are in place across all of the CARETS MLSs. This is good for the brokers and the subscribers since they have to deal no longer with the different rules, policies, fines and enforcement procedures in place prior of the launch of CARETS.
Subscribers and brokers have access to a single data feed for their Web sites and back-office systems. And with CARETS, it is no longer necessary for brokers to access different MLSs or reconcile the differences from one MLS to the next. CARETS provides access to all of the content, in a consistent format, for all the brokers via RETS.
Text and images provided courtesy of Kevin McQueen and MRIS Inc.