Real estate
BY BRITTANY ANDERSON
Austin, San Antonio, Houston Realtors to access 60% of real estate listings
Something to note
SABoR and HAR entered into a data share agreement in 2023. HAR Chair Thomas Mouton said this existing agreement, along with the upcoming addition of ABoR, means “more eyes on the seller’s home” since the listings will be accessible to Real- tors across Houston, Austin and San Antonio.
A data share agreement between the Austin Board of Realtors, San Antonio Board of Realtors and Houston Association of Realtors is set to give Realtors with all three associations access to nearly 60% of all Texas real estate listings by the end of the year. The agreement between the three metroplexes, which was announced in early October, will open up access between the associations’ Multiple Listing Service, or the online portal where Realtors can share information about homes for sale in their markets. After the data share agreement goes live, the over 80,000 combined MLS subscribers will have access to thousands of additional listings in Austin, San Antonio and Houston. Currently, ABoR MLS subscribers have access to approximately 19,500 for sale listings. ABoR Chief Marketing Officer Kelea Youngblood said the agreement could increase the buyer and seller pool. “It allows for somebody who is moving in from another area of Texas to understand the differences and the nuances between the three markets,” Youngblood said. SABoR CEO Gilbert Gonzalez said the agreement also helps brokers save a few dollars. Now, brokers just have to join one MLS instead of two if they are working with clients on listings outside of their main market. “It has allowed them to do a little bit of research for clients and then send them off to a broker or agent in the other city,” Gonzalez said. “It’s really information that provides them
Breaking it down ABoR 17,970 MLS subscribers 19,500 listings in the MLS SABoR 14,889 MLS subscribers 111,497 listings in the MLS* HAR 48,000 MLS subscribers 67,000 listings in the MLS**
Data share agreement benefits
Buyers benefit from a wider range of listings, increasing their chances of finding their ideal home. Sellers gain exposure to a larger pool of potential buyers, potentially leading to quicker sales and higher offers. Realtors can connect with clients across a broader geographic area, expanding their network.
SOURCE: HAR/COMMUNITY IMPACT
DATA AS OF NOV. 4 *INCLUDES HAR DATA SHARE AGREEMENT LISTINGS. **DOES NOT INCLUDE SABOR DATA SHARE AGREEMENT LISTINGS. SOURCES: ABOR, SABOR, HAR/COMMUNITY IMPACT
Remember this?
A National Association of Realtors settlement implemented MLS policy changes in August that some local Realtors have said could lead to lower home prices and the way homes are bought and sold. While the data share agreement is separate from these policy changes, Youngblood said it is an added value to have Realtors with access to 60% of the Texas housing market as they adjust to these policy changes and a post-COVID-19 market.
a resource to connect with other agents over there and help transfer off clients that way, if you will.” For buyers and sellers, they’ll be able to know that one Realtor can help them in multiple markets, he said. “I think it’s made it easier for consumers to work with someone that they already have a relationship with, and be able to still find a property that they may be looking for in a different city,” Gonzalez said.
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