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REColorado

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uuid0009slw

Namestring
REColorado
Legal namestring
Metrolist, Inc.
Websiteurl
recolorado.com
Company typeenum
Private
Founded yearint
1984
Descriptiontext

REcolorado, operating under the legal name Metrolist, Inc., is Colorado's largest Multiple Listing Service (MLS) provider. The company runs the Matrix MLS platform, which functions as a broker-to-broker network for property listings, market data, and real estate transaction management. As of mid-2026 it serves more than 26,000 brokers, agents, appraisers, and real estate professionals throughout Colorado, supplemented by a partner ecosystem of photographers and virtual tour providers. Headquartered at 6455 South Yosemite Street, Suite 300, Greenwood Village, CO, the company has 51-100 employees and is privately held with no disclosed venture or private equity ownership.

The product surface is built around the Matrix MLS platform and bundled add-ons: Data Delivery for downstream data licensing, CubiCasa for smartphone-based floor plan creation, RentSpree for rental listing management and tenant screening, Earnnest for transaction financial services, and Media Bridge for media uploads from photographers and virtual tour providers. REcolorado also publishes recurring market intelligence (MMAR Market Stats, ROCC Market Stats, Denver Metro Market Watch) and runs an Education Services program including in-person CE-credit classes, webinars, a Spotlight mini-webinar series, a Quick Tips video hub, and a Partner Education Program. It is BBB-accredited and operates under Equal Housing Opportunity and Fair Housing Act compliance.

REcolorado generates revenue primarily through subscription-based MLS access for real estate professionals, offered with annual billing (two weeks free incentive) and monthly billing options at quote-based pricing. Secondary streams include education and training services (in-person classes, webinars, CE-credit classes), Data Delivery to license MLS data to third-party websites and back-office systems, and embedded partner integrations. Customer acquisition runs through direct sales to brokers and agents, industry events, technology integrations (CubiCasa, RentSpree, Earnnest), and partner channels including photographers and virtual tour providers via Media Bridge. May 2026 launches of RentSpree, CubiCasa, and a refreshed account portal indicate continued product-surface expansion within the subscription bundle.

Short descriptiontext

REcolorado (Metrolist, Inc.) operates Colorado's largest MLS via its Matrix platform, serving 26,000+ brokers, agents, appraisers, and real estate professionals through subscription-based access and bundled add-ons.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
51–100
akta.pro rankint
HeadquartersGreenwood Village, United States
HQ citystring
Greenwood Village
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
real estate MLS, property listing platform, MLS subscription services, real estate market data, brokerage technology tools
NAICS code3 codes
  • Web Search Portals, Libraries, Archives, and Other Information Services519
  • Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services518
  • Custom Computer Programming Services541511
SIC code2 codes
  • Real Estate Agents & Managers (For Others)6531
  • Services-Computer Programming, Data Processing, Etc.7370
Product category
Real Estate MLS Services
Social media profiles2 records
GTM motion2 records

Each record includes

Type, Description, Source

Revenue model2 records
1MLS Subscription Services
TypeSubscription Recurring
Description

REcolorado operates as a subscription-based MLS service provider. Real estate professionals subscribe for MLS access which includes listing data, market statistics, and technology tools. The subscription model provides recurring revenue through professional subscriptions.

recolorado.com
2Education and Training Services
TypeProfessional Services
Description

Education and training services including in-person classes, webinars, CE credit classes, and partner education programs for real estate professionals.

recolorado.com
Marketing channels5 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels3 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure
Pricing details2 tiers
1MLS Subscription with tiered access levels
ModelSubscriptionBilling cadenceAnnual
Notes

Annual billing option available with two weeks free incentive

recolorado.com
2Monthly MLS Subscription
ModelSubscriptionBilling cadenceMonthly
Notes

Monthly subscription options available for MLS access

recolorado.com
GTM typeB2B
B2B
Offering typeSoftware
Software
Core offering1 text field

REcolorado operates the Matrix MLS platform, Colorado's largest Multiple Listing Service, providing property listing data, market statistics, and real estate transaction tools to more than 26,000 brokers, agents, and appraisers. The company sells subscription-based MLS access bundled with integrated technology tools (Data Delivery, CubiCasa, RentSpree, Earnnest, Media Bridge), market reports, and professional education services to the Colorado real estate industry.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 2 values shown
  • Serving 26,000+ real estate professionals in Colorado
+1 more record
Product overview1 text field

REcolorado operates as Colorado's largest MLS (Multiple Listing Service) provider, connecting 26,000 brokers, agents, appraisers, and real estate professionals. The core Matrix platform serves as the primary broker-to-broker network for listing management and property data. The ecosystem includes Data Delivery for data access and integration, CubiCasa for floor plan creation, Earnnest for transaction support, RentSpree for rental management, Media Bridge for media uploads, and Market Stats Reports for market analytics. Education services including in-person classes, webinars, and a partner education program support professional development.

Product and service8 records
1Matrix MLS Platform
CategoryCore MLS Platform
Description

The primary MLS platform powering Colorado's leading broker-to-broker network. Provides property listing input, listing management, market data, and real estate professional tools for brokers, agents, and appraisers throughout Colorado.

2Data Delivery
CategoryMLS Data Service
Description

Service providing MLS data access to power customer websites, back office systems, technology tools, and third-party integrations for brokers and agents.

3CubiCasa
CategoryReal Estate Technology Tool
Description

Floor plan creation tool integrated with Matrix that allows real estate professionals to create professional floor plans using a smartphone. The property is scanned in minutes and a polished floor plan is generated for marketing materials and listings.

4Earnnest
CategoryReal Estate Transaction Services
Description

Service offered within the REcolorado platform for real estate transaction support and financial services.

5RentSpree
CategoryRental Management Technology
Description

Rental management tool integrated with Matrix that enables streamlined rental applications, customizable tenant screening packages with credit/eviction reports, and background checks.

6Media Bridge
CategoryMedia Management Tool
Description

Innovative tool for photographers and virtual tour providers to serve mutual customers with media uploads and management, integrated with the Matrix MLS platform.

7Market Stats Reports
CategoryReal Estate Market Analytics
Description

Monthly housing market reports including Denver Metro Market Watch Report, MMAR and ROCC market stats, and one-page infographics with year-over-year and month-over-month insights.

8Education Services
CategoryProfessional Education and Training
Description

Professional education services including registration for in-person classes and webinars, partner education program, and quick tips video hub for real estate professionals, including CE credit classes.

Scale indicator4 records

Each record includes

Type, Value, Description, Source

Partnership4 partners
Strategic tierCoreTypeTechnology or Integration
Description

CubiCasa is integrated into REcolorado's service offering, allowing real estate professionals to create professional floor plans using smartphone scans. The tool is included with REcolorado subscription and integrated with Matrix.

Strategic tierCoreTypeTechnology or Integration
Description

RentSpree provides rental listing management with tenant screening including credit reports, eviction reports, and background checks. It is included with REcolorado subscription and integrated with Matrix for streamlined rental workflow.

Strategic tierCoreTypeTechnology or Integration
Description

Media Bridge is REcolorado's innovative tool for photographers and virtual tour providers to upload media directly to serve mutual customers (REcolorado subscribers).

Strategic tierCoreTypeChannel Partner/ Reseller/ Distributor
Description

REcolorado partners with photographers and virtual tour providers through Media Bridge, enabling them to serve mutual customers (real estate professionals) by providing media upload services.

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

CRMLS is the largest MLS in the United States by listings and provides a directly comparable regional MLS subscription model, Matrix-equivalent platform, and member-serving data services — making it the closest functional analog to REcolorado at a larger scale.

TypeDirect peer
Description

Bright MLS is a multi-state regional MLS serving the Mid-Atlantic, similarly structured as a subscription MLS with extensive listing data, market statistics, and broker tools — comparable in business model and member-proposition to REcolorado.

TypeDirect peer
Description

Stellar MLS is Florida's largest MLS serving brokers and agents with listing data and technology integrations, operating the same MLS-subscription model that REcolorado uses to monetize its Colorado network.

TypeDirect peer
Description

MRED operates a regional MLS platform serving the greater Chicago and Midwest region with Matrix-style listing data services and technology integrations — directly comparable in operating model to REcolorado.

5Heartland MLS (HMLS)
TypeDirect peer
Description

Heartland MLS provides subscription-based MLS services to real estate professionals across Missouri and Kansas, a regional MLS with comparable data services, market statistics, and broker tools to REcolorado.

6Northwest MLS
TypeDirect peer
Description

Northwest MLS is a regional broker-owned MLS serving Washington State, offering subscription listing-data services to brokers and agents in a single regional territory — closely analogous to REcolorado's Colorado operations.

7Greater Phoenix REALTORS MLS
TypeDirect peer
Description

Greater Phoenix REALTORS MLS offers regional MLS services in Arizona with subscription-model listing data and broker tools, a comparable single-state MLS operator model to REcolorado.

TypeBroad incumbent
Description

Zillow is a national consumer real-estate portal that aggregates MLS-sourced data and competes for buyer-routing influence; while not a direct MLS competitor, it is the most consequential adjacent platform shaping the demand side of REcolorado's ecosystem.

TypeBroad incumbent
Description

CoStar's Homes.com is a national residential portal challenging MLS-fed incumbents with heavy marketing investment; its push into MLS data representation makes it a strategic adjacent incumbent watchpoint for REcolorado.

TypeOthers
Description

ListHub is the MLS-data syndication and listing-distribution service used by REcolorado and most U.S. MLSs to deliver listings to consumer portals, making it a critical infrastructure counterpart in REcolorado's data-distribution value chain.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat6 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Segment4 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile4 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

Integration3 records

Each record includes

Title, Type, Description, Source

AI maturity
App detail

Has app

Feature5 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles1 record

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
Compliance2 records

Each record includes

Name, Class, Description

Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment1 record

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

REColorado

Real Estate MLS Servicesrecolorado.com

REcolorado (Metrolist, Inc.) operates Colorado's largest MLS via its Matrix platform, serving 26,000+ brokers, agents, appraisers, and real estate professionals through subscription-based access and bundled add-ons.

What REColorado does

REcolorado, operating under the legal name Metrolist, Inc., is Colorado's largest Multiple Listing Service (MLS) provider. The company runs the Matrix MLS platform, which functions as a broker-to-broker network for property listings, market data, and real estate transaction management. As of mid-2026 it serves more than 26,000 brokers, agents, appraisers, and real estate professionals throughout Colorado, supplemented by a partner ecosystem of photographers and virtual tour providers. Headquartered at 6455 South Yosemite Street, Suite 300, Greenwood Village, CO, the company has 51-100 employees and is privately held with no disclosed venture or private equity ownership.

The product surface is built around the Matrix MLS platform and bundled add-ons: Data Delivery for downstream data licensing, CubiCasa for smartphone-based floor plan creation, RentSpree for rental listing management and tenant screening, Earnnest for transaction financial services, and Media Bridge for media uploads from photographers and virtual tour providers. REcolorado also publishes recurring market intelligence (MMAR Market Stats, ROCC Market Stats, Denver Metro Market Watch) and runs an Education Services program including in-person CE-credit classes, webinars, a Spotlight mini-webinar series, a Quick Tips video hub, and a Partner Education Program. It is BBB-accredited and operates under Equal Housing Opportunity and Fair Housing Act compliance.

REcolorado generates revenue primarily through subscription-based MLS access for real estate professionals, offered with annual billing (two weeks free incentive) and monthly billing options at quote-based pricing. Secondary streams include education and training services (in-person classes, webinars, CE-credit classes), Data Delivery to license MLS data to third-party websites and back-office systems, and embedded partner integrations. Customer acquisition runs through direct sales to brokers and agents, industry events, technology integrations (CubiCasa, RentSpree, Earnnest), and partner channels including photographers and virtual tour providers via Media Bridge. May 2026 launches of RentSpree, CubiCasa, and a refreshed account portal indicate continued product-surface expansion within the subscription bundle.

REColorado firmographics

Firmographics
Name
REColorado
Legal name
Metrolist, Inc.
Website
https://recolorado.com
Company type
Private
Founded year
1984
Operating status
Operating
Headcount range
51–100 employees
Short description
REcolorado (Metrolist, Inc.) operates Colorado's largest MLS via its Matrix platform, serving 26,000+ brokers, agents, appraisers, and real estate professionals through subscription-based access and bundled add-ons.
Ownership category
akta.pro rank

Where REColorado is headquartered

Location

Headquarters

HQ city
Greenwood Village
HQ country
United States
HQ region
North America

Offices1 record

Markets served

REColorado business model

Business model
GTM type
B2B
Offering type
Software
Cost components
Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

  1. MLS Subscription Services: REcolorado operates as a subscription-based MLS service provider. Real estate professionals subscribe for MLS access which includes listing data, market statistics, and technology tools. The subscription model provides recurring revenue through professional subscriptions.
  2. Education and Training Services: Education and training services including in-person classes, webinars, CE credit classes, and partner education programs for real estate professionals.

Pricing tiers

ModelBillingPrice
SubscriptionAnnualMLS Subscription with tiered access levels
SubscriptionMonthlyMonthly MLS Subscription

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

REColorado product offering

Product offering

Core offering

REcolorado operates the Matrix MLS platform, Colorado's largest Multiple Listing Service, providing property listing data, market statistics, and real estate transaction tools to more than 26,000 brokers, agents, and appraisers. The company sells subscription-based MLS access bundled with integrated technology tools (Data Delivery, CubiCasa, RentSpree, Earnnest, Media Bridge), market reports, and professional education services to the Colorado real estate industry.

Product overview

REcolorado operates as Colorado's largest MLS (Multiple Listing Service) provider, connecting 26,000 brokers, agents, appraisers, and real estate professionals. The core Matrix platform serves as the primary broker-to-broker network for listing management and property data. The ecosystem includes Data Delivery for data access and integration, CubiCasa for floor plan creation, Earnnest for transaction support, RentSpree for rental management, Media Bridge for media uploads, and Market Stats Reports for market analytics. Education services including in-person classes, webinars, and a partner education program support professional development.

Differentiator

Problem solved

Functional benefit

Products and services

  • Matrix MLS Platform The primary MLS platform powering Colorado's leading broker-to-broker network. Provides property listing input, listing management, market data, and real estate professional tools for brokers, agents, and appraisers throughout Colorado.
  • Data Delivery Service providing MLS data access to power customer websites, back office systems, technology tools, and third-party integrations for brokers and agents.
  • CubiCasa Floor plan creation tool integrated with Matrix that allows real estate professionals to create professional floor plans using a smartphone. The property is scanned in minutes and a polished floor plan is generated for marketing materials and listings.
  • Earnnest Service offered within the REcolorado platform for real estate transaction support and financial services.
  • RentSpree Rental management tool integrated with Matrix that enables streamlined rental applications, customizable tenant screening packages with credit/eviction reports, and background checks.
  • Media Bridge Innovative tool for photographers and virtual tour providers to serve mutual customers with media uploads and management, integrated with the Matrix MLS platform.
  • Market Stats Reports Monthly housing market reports including Denver Metro Market Watch Report, MMAR and ROCC market stats, and one-page infographics with year-over-year and month-over-month insights.
  • Education Services Professional education services including registration for in-person classes and webinars, partner education program, and quick tips video hub for real estate professionals, including CE credit classes.

Quantifiable outcome

  • Serving 26,000+ real estate professionals in Colorado
  • +1 more outcomes

Companies that use REColorado

Customer profile

Segments4 records

Ideal customer profiles4 records

REColorado technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Integration3 records

Feature5 records

REColorado partnerships and signals

Strategic signal

Partnerships

Four partnerships are on record, tiered core.

  • CubiCasacoreTechnology or IntegrationCubiCasa is integrated into REcolorado's service offering, allowing real estate professionals to create professional floor plans using smartphone scans. The tool is included with REcolorado subscription and integrated with Matrix.
  • RentSpreecoreTechnology or IntegrationRentSpree provides rental listing management with tenant screening including credit reports, eviction reports, and background checks. It is included with REcolorado subscription and integrated with Matrix for streamlined rental workflow.
  • Media BridgecoreTechnology or IntegrationMedia Bridge is REcolorado's innovative tool for photographers and virtual tour providers to upload media directly to serve mutual customers (REcolorado subscribers).
  • Photographers and Virtual Tour ProviderscoreChannel Partner/ Reseller/ DistributorREcolorado partners with photographers and virtual tour providers through Media Bridge, enabling them to serve mutual customers (real estate professionals) by providing media upload services.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

REColorado competitors and assessment

Company assessment

Direct peers

  • California Regional MLS (CRMLS): CRMLS is the largest MLS in the United States by listings and provides a directly comparable regional MLS subscription model, Matrix-equivalent platform, and member-serving data services — making it the closest functional analog to REcolorado at a larger scale.
  • Bright MLS: Bright MLS is a multi-state regional MLS serving the Mid-Atlantic, similarly structured as a subscription MLS with extensive listing data, market statistics, and broker tools — comparable in business model and member-proposition to REcolorado.
  • Stellar MLS: Stellar MLS is Florida's largest MLS serving brokers and agents with listing data and technology integrations, operating the same MLS-subscription model that REcolorado uses to monetize its Colorado network.
  • Midwest Real Estate Data (MRED): MRED operates a regional MLS platform serving the greater Chicago and Midwest region with Matrix-style listing data services and technology integrations — directly comparable in operating model to REcolorado.
  • Heartland MLS (HMLS): Heartland MLS provides subscription-based MLS services to real estate professionals across Missouri and Kansas, a regional MLS with comparable data services, market statistics, and broker tools to REcolorado.
  • Northwest MLS: Northwest MLS is a regional broker-owned MLS serving Washington State, offering subscription listing-data services to brokers and agents in a single regional territory — closely analogous to REcolorado's Colorado operations.
  • Greater Phoenix REALTORS MLS: Greater Phoenix REALTORS MLS offers regional MLS services in Arizona with subscription-model listing data and broker tools, a comparable single-state MLS operator model to REcolorado.

Broad incumbents

  • Zillow Group: Zillow is a national consumer real-estate portal that aggregates MLS-sourced data and competes for buyer-routing influence; while not a direct MLS competitor, it is the most consequential adjacent platform shaping the demand side of REcolorado's ecosystem.
  • CoStar Group / Homes.com: CoStar's Homes.com is a national residential portal challenging MLS-fed incumbents with heavy marketing investment; its push into MLS data representation makes it a strategic adjacent incumbent watchpoint for REcolorado.

Others

  • ListHub (Realtor.com / Move Inc.): ListHub is the MLS-data syndication and listing-distribution service used by REcolorado and most U.S. MLSs to deliver listings to consumer portals, making it a critical infrastructure counterpart in REcolorado's data-distribution value chain.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights6 records

Customer concentration

REColorado social profiles

Digital presence

REColorado compliance and trust

Trust signal

Compliance2 records

REColorado financial estimates

Financial estimate

Revenue estimate

Valuation estimate

REColorado leadership team

Management profile

Number of profiles

Profiles1 record

REColorado funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

REColorado M&A and investment

M&A and investment

M&A

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about REColorado

What does REColorado do?

REcolorado operates the Matrix MLS platform, Colorado's largest Multiple Listing Service, providing property listing data, market statistics, and real estate transaction tools to more than 26,000 brokers, agents, and appraisers. The company sells subscription-based MLS access bundled with integrated technology tools (Data Delivery, CubiCasa, RentSpree, Earnnest, Media Bridge), market reports, and professional education services to the Colorado real estate industry.

Is REColorado a public or private company?

REColorado is a private company. It is classified as unknown and is currently operating.

When was REColorado founded?

REColorado was founded in 1984. It employs 51 to 100 people.

Where is REColorado based?

REColorado is headquartered in Greenwood Village, United States, in the North America region.

How does REColorado make money?

Two revenue lines are on record. MLS Subscription Services are the primary driver. The others are education and Training Services.

Who are REColorado's main competitors?

Direct peers on record are California Regional MLS (CRMLS), Bright MLS, Stellar MLS, Midwest Real Estate Data (MRED), Heartland MLS (HMLS), Northwest MLS and Greater Phoenix REALTORS MLS. Broad incumbents are Zillow Group and CoStar Group / Homes.com. ListHub (Realtor.com / Move Inc.) is listed as an others.

Does REColorado have an API?

No public API is recorded for REColorado.

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Live signals
HousingWire2023 Rising Star: Brendan FairbanksPerchwell, led by CEO Brendan Fairbanks, has developed a next-generation MLS platform that was initially rolled out in New York City and is currently being onboarded by other MLS organizations such as REcolorado. The company is actively participating in industry standards through the Real Estate Standards Organization (RESO) and the Council of Multiple Listing Services (CMLS), having also been selected for the National Association of Realtors Reach growth accelerator in 2022.PR NewswireLeading Consortium of Residential Real Estate MLS Organizations Announces NestfullyCalifornia Regional MLS, REcolorado, and Bright MLS have launched Nestfully, a consumer-facing real estate portal designed to provide direct access to MLS listing data, set to launch in Q1 2023. The consortium represents approximately 240,000 agent and brokerage subscribers with combined annual sales exceeding $280 billion in 2022, and technology services are being provided by Constellation1. The portal will provide leads to brokerages at no cost, offering consumers mobile-optimized property search, scheduling capabilities, and direct communication with listing agents.PR NewswireLeading Consortium of Residential Real Estate MLS Organizations Announces NestfullyCalifornia Regional MLS, REcolorado, and Bright MLS have launched Nestfully, a new consumer portal for residential real estate buyers and sellers developed and run by the residential real estate industry, with plans to launch in Q1. The combined participant MLSs have approximately 240,000 agent and brokerage subscribers whose annual sales topped $280 billion in 2022. Technology services for Nestfully are provided by Constellation1, and the platform will offer leads to brokerages at no cost while adhering to Fair Display guidelines and operating without ads.PR NewswireREdistribute Announces BeachesMLS, REcolorado® and Stellar MLS as Initial Lead InvestorsREdistribute, LLC, a joint venture between Bright MLS and California Regional MLS, announced three leading MLS organizations—BeachesMLS, REcolorado®, and Stellar MLS—as initial lead investors, with additional MLS investors signing letters of intent. The venture expects to launch in January 2023 covering approximately 54% of U.S. residential listings, aggregating MLS data for financial institutions while sharing revenue with participating brokers and MLS organizations. Initial payments to MLSs and brokers are projected to begin by May 2023.PR NewswireREcolorado to Launch Perchwell's Flagship MLS Platform in 2023REcolorado, one of the largest MLS providers in the United States, has announced a partnership with Perchwell to deploy Perchwell's flagship MLS technology platform to its 27,000+ subscribers in 2023. Alongside the technology rollout, REcolorado has made a venture investment in Perchwell, which had previously raised $15 million in a 2021 Series A round led by Founders Fund. The partnership aims to modernize the workflow tools and data platform available to real estate professionals in Colorado.GlobeNewswireIRES, REcolorado launch comprehensive data-sharing agreementIRES and REcolorado launched a data-sharing agreement on Oct. 22, 2020, enabling their combined 32,000-plus subscribers to view each other's listing data. The agreement includes up to 40 photos per property and integrates into IRES' mobile app and REcolorado's Matrix database. Additional services, including statistical reports, are planned for Q1 2021.PR NewswireREcolorado and IRES Exchange DataREcolorado, Colorado's largest multiple listing service, announced the launch of the first phase of a data integration partnership with Information and Real Estate Services (IRES). The partnership gives the more than 32,000 customers of both REcolorado and IRES full access to integrated real estate listing data within their respective MLS systems. Future phases will extend the integrated data to additional products and services including REcolorado.com and the REcolorado App.GlobeNewswireIRES, REcolorado announce comprehensive data-sharing agreementIRES and REcolorado announced a data-sharing agreement integrating listing data into each MLS system. The shared data includes up to 40 photos per property and sold inventory history, with integration into REcolorado's Matrix database and IRES' custom system. Data mapping has begun, with completion and availability to be advised.PR NewswireREcolorado Names Gene Millman Chief Executive OfficerGene Millman has been named chief executive officer of REcolorado, Colorado's largest multiple listing service (MLS), effective July 1, 2020. Millman brings more than 30 years of real estate industry experience, currently serving as CEO of the Northern Nevada Regional MLS, and has held leadership positions at other MLS organizations including TREND and Bright MLS. REcolorado serves more than 25,000 real estate professionals throughout the state and is owned by several REALTOR associations including the Denver Metro Association of REALTORS and Aurora Association of REALTORS.PR NewswireDotloop Launches "Loop It" With REcoloradoDotloop, a real estate transaction platform, announced a partnership with REcolorado, Colorado's largest multiple listing service, to launch the "Loop It" integration. The integration enables REcolorado's 22,000-plus subscribers to auto-fill transaction data from CoreLogic Matrix directly into dotloop, streamlining manual data entry and increasing agent productivity. Both companies stated the partnership aims to help brokers spend less time on administrative tasks and improve service to their clients.