Tag Archives: Realtors Property Resource

Realtors Property Resource® Announces Retirement of CEO, Appointment of New Leader

Posted on by
Reply

Chicago, IL – April 12, 2018 (nar.realtor) Realtors Property Resource® LLC, a wholly owned subsidiary of the National Association of Realtors®, announced that its founding CEO Dale Ross will be retiring as of May 1, 2018. RPR’s Jeff Young has been named chief operating officer/general manager and will assume responsibility for all RPR activities, reporting directly to NAR CEO Bob Goldberg.

NAR Logo

“I would like to express my appreciation to Dale Ross for his achievements as CEO. During the last eight years Dale has built an incredible and highly skilled team. Under Dale’s leadership, RPR has not only fulfilled its original mission to create a high-value member benefit for NAR’s 1.3 million members, but has led RPR to be one of the premier real estate databases in the industry,” said NAR CEO Bob Goldberg. “On behalf of NAR’s leadership team and membership, we would like to thank him for his service and dedication.”

Ross began his tenure with RPR in 2008 as the chairman of the original advisory council, which was formed to create a proof of concept for RPR as part of NAR’s second century initiatives. In 2009, Ross led the formation of RPR, followed by the launch of its national database in 2010. Since that time, RPR has expanded its parcel-centric database to include over 95 percent of the active listing data in the U.S. The RPR web- and mobile-based applications are an exclusive member benefit to NAR’s 1.3 million Realtors®.

Jeff Young

Jeff Young

Young joined NAR in 2008, as vice president with the Realtors® Information Network, to oversee the creation and implementation of RPR’s original proof-of-concept model. In 2009, he joined the newly formed RPR, LLC as senior vice president. Young was promoted to COO in 2015 where his responsibilities were expanded to oversee all non-development components of RPR’s national delivery, including RPR’s broker, commercial, association and multiple listing service programs, training, customer support, marketing, budget and administrative systems.

In his expanded role as general manager, Young will focus on creating a more dynamic culture and increased synergies across RPR, as well as more closely aligning RPR’s mission with NAR’s strategic plans for 2018 and beyond, while creating further cost efficiencies throughout the organization.

“This is a very positive direction for RPR and represents my expectation that RPR focus on optimizing its structure, allowing it to see increased efficiencies, while meeting its budgetary targets, as part of NAR’s overall organizational realignment,” said Goldberg.

The National Association of Realtors® is America’s largest trade association, representing 1.3 million members involved in all aspects of the residential and commercial real estate industries.

Realtors Property Resource® Suspends AMP Program, Announces Multiyear Funding Cuts

Posted on by
Reply

Chicago, IL – February 1, 2018 (nar.realtor) The Realtors Property Resource®, a wholly owned subsidiary of the National Association of Realtors®, has suspended its Advanced Multi-List Platform, or AMP, project to reduce costs by several million dollars in 2018 and allow greater focus on its core initiatives. RPR will begin winding down AMP operations immediately.

NAR Logo

The decision to cut funding for AMP, an open architecture platform that provides customized back-end technology services for small- to mid-size multiple listing services, was made by NAR CEO Bob Goldberg, and endorsed by NAR’s Leadership Team and RPR’s senior management, as part of an organizational review of NAR and its subsidiaries, including RPR. NAR recently announced an organizational realignment to become a radically member-centric organization.

As part of its cost reduction efforts, RPR is also taking action to reduce its overall operating costs by at least 20 percent in 2019; those savings will be reallocated to help fund other higher priority NAR initiatives. NAR and RPR senior management will be working together closely over the coming months to conduct an in-depth review of RPR’s activities to identify and achieve those cost saving measures, as well as further optimizations and expense reductions over the coming years.

“I vowed a full review of the organization and its programs when I assumed the role of CEO to ensure we provide the best value to our members. Suspending funding for AMP will allow RPR to refocus its resources on delivering the best user experience to Realtors®,” said NAR CEO Bob Goldberg. “NAR will continue offering its full support to the MLS and MLS-vendor community as it moves toward an environment that fosters greater innovation and allows for faster and easier technology integration.”

RPR, which currently has data licensing relationships with 95 percent of the nation’s MLSs, will continue to provide its custom data tools and market reports to Realtor® on more than 166 million parcels of residential and commercial property across the U.S. through its website and mobile app.

“RPR’s goal has always been to support the core competence of its members by creating a national platform of property information; suspending AMP development allows RPR to refocus on that mission and our core member benefit products, as well as ensure delivery of Upstream so that brokers have more control over their listing data,” said RPR CEO Dale Ross.

Last year, NAR’s board of directors approved funding for Upstream through 2018; however, beginning in January 2019 Upstream will assume all costs and be responsible for determining future funding and program direction.

The National Association of Realtors®, “The Voice for Real Estate,” is America’s largest trade association, representing 1.3 million members involved in all aspects of the residential and commercial real estate industries.

Media Contact:

Sara Wiskerchen
(202) 383-1013
Email

Perfect Pricing With Easy, Accurate CMAs From RPR

Posted on by
Reply

The key to closing the door on misinterpreted market value is to lead clients through the intricacies of market realities with easy to understand facts and graphics using the data and reporting tools found at Realtors Property Resource® (RPR®).

Watch this insightful workshop to learn how RPR, the most powerful data platform available to members of the National Association of REALTORS®, can help you create realistic expectations for your buyers and sellers.