Realcomp
Realcomp II Ltd. operates Michigan's largest Multiple Listing Service, serving 16,000+ REALTOR subscribers with subscription-based listing data, market statistics, AI-powered listing tools, and a broad partner integration ecosystem spanning voice search, visualization, and transaction management.
- Company typePrivate
- Founded1990
- HeadquartersFarmington Hills, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Realcomp does
Realcomp II Ltd. operates Michigan's largest Multiple Listing Service (MLS), serving more than 16,000 REALTOR subscribers across the state and operating continuously for over 30 years since its founding in 1990. The company provides listing data, market statistics, and real estate tools through the CoreLogic-built RCO3 (Realcomp Cloud Office 3) platform, with Matrix offered as an alternative under an MLS of Choice structure. A consumer-facing portal, MoveInMichigan.com, extends listing exposure to home buyers, though no direct consumer revenue is generated.
The platform integrates a broad partner ecosystem including SkySlope (transaction management), SentriLock (electronic lockboxes), ShowingTime (showing management), RPR (property reports), Realist (property intelligence), CubiCasa (floor plans), Down Payment Resource (assistance programs), RentSpree and domii (tenant screening), and Authentisign (e-signatures). Recent product development has emphasized AI and consumer distribution: Add-Edit AI (Phases 1 and 2 launched in October 2025) uses computer vision and natural language generation to automate listing data entry from uploaded photos; Alexa voice-activated property search launched in 2024; Roomvo home visualization was added in June 2026; and commercial listings are distributed to the Crexi national marketplace through a 2024 partnership. Cross-state data sharing agreements with FMLS (Georgia) and Miami REALTORS (Florida) extend reach beyond Michigan via the IntraMatrix platform.
Revenue is generated primarily through recurring monthly subscription fees paid by Michigan REALTORS, brokers, and agents for MLS access, with pricing not publicly disclosed. The company is shareholder-owned with REALTOR association governance through a Board of Governors; no external private equity or venture capital ownership is disclosed. With only 11-50 employees, Realcomp operates a high-revenue-per-employee model, leveraging its dominant share of the Michigan MLS market and its integration ecosystem as primary competitive assets.
Realcomp firmographics
Firmographics- Name
- Realcomp
- Legal name
- Realcomp II Ltd.
- Website
- https://realcomp.com
- Company type
- Private
- Founded year
- 1990
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Realcomp II Ltd. operates Michigan's largest Multiple Listing Service, serving 16,000+ REALTOR subscribers with subscription-based listing data, market statistics, AI-powered listing tools, and a broad partner integration ecosystem spanning voice search, visualization, and transaction management.
- Ownership category
- akta.pro rank
Realcomp industry classification
Industry- Product category
- Multiple Listing Service (MLS)
- NAICS
- Offices of Real Estate Agents and Brokers (5312)
- SIC
- Real Estate Agents & Managers (For Others) (6531)
- akta.pro primary industry
- Seller Representation & Listing Services (BPAJAAAK)
- akta.pro secondary industry
- Online/Virtual Real Estate Auctions (Marketplace Platforms) (BPAJAEAJ)
Keywords
Where Realcomp is headquartered
LocationHeadquarters
- HQ city
- Farmington Hills
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Realcomp business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Technology or R&D, Personnel, Operations, Marketing or Sales
Revenue model
- MLS Subscription Services: Realcomp generates revenue through subscription fees charged to real estate professionals (REALTORS, brokers, agents) for access to its Multiple Listing Service platform. Subscribers pay recurring fees for access to listing data, market statistics, and various MLS tools and services. The company also offers MLS of Choice allowing subscribers to select their MLS provider.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | MLS subscription access with various service tiers |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels6 records
Realcomp product offering
Product offeringCore offering
Realcomp II Ltd. operates Michigan's largest Multiple Listing Service (MLS), providing listing and sales data, market statistics, and integrated real estate tools to more than 16,000 real estate professional subscribers across Michigan. Subscribers access the platform primarily through CoreLogic's RCO3 (Realcomp Cloud Office 3) and Matrix systems, with supplementary consumer-facing access via MoveInMichigan.com. The offering includes proprietary AI-powered listing entry (Add-Edit AI), voice-activated Alexa property search, and integrated partner tools covering electronic lockboxes (SentriLock), transaction management (SkySlope), showings (ShowingTime), property visualization (Roomvo), and commercial listing distribution (Crexi).
Product overview
Realcomp II Ltd. operates Michigan's largest Multiple Listing Service (MLS) serving 16,000+ real estate professionals. The core offering is the Realcomp MLS platform, which subscribers access primarily through RCO3 (Realcomp Cloud Office 3) or the Matrix platform from CoreLogic, both providing listing management, property search, and integrated tools. The consumer-facing portal MoveInMichigan.com extends the MLS reach to home buyers. Realcomp's portfolio includes both proprietary tools (Add-Edit AI for automated listing data entry, RealcompCALC mortgage calculator, and Statistics reporting) and integrated third-party services (SkySlope for transaction management, CubiCasa for floor plans, SentriLock lockboxes, ShowingTime for showings, RPR property reports, Realist property intelligence, and Alexa voice search). The Add-Edit AI module represents a significant technology differentiator, using AI to analyze listing photos and auto-generate property descriptions and field values. Partnerships with Roomvo (visualization), Crexi (commercial listings), and Down Payment Resource (assistance programs) extend platform capabilities.
Differentiator
Problem solved
Functional benefit
Products and services
- Realcomp MLS Michigan's largest Multiple Listing Service providing listing and sales data to real estate professionals. Serves 16,000+ subscribers across Michigan with market statistics compiled from its MLS database.
- RCO3 (Realcomp Cloud Office 3) Cloud-based MLS platform from CoreLogic providing the primary interface for Realcomp MLS subscribers to manage listings, search properties, and access integrated tools.
- MoveInMichigan.com Consumer-facing public search website where home buyers can search for properties and find REALTORS. Built-in Roomvo visualization integration.
- Realcomp Statistics Market statistics compiled from Realcomp's MLS database, including single-family home sales statistical highlights with monthly and yearly comparisons.
- Data Sharing Services Data sharing agreements with other MLS organizations including Miami REALTORS MLS, First Multiple Listing Service (FMLS) of Georgia, and NGLRMLS, providing cross-market listing data access.
- RealcompCALC Mortgage calculator tool available to subscribers and consumers for real estate financial computations.
- SkySlope Transaction Management Transaction management and digital signature platform available through Realcomp for form-filling, contract markup, and electronic signings.
- Crexi Commercial Listing Distribution Commercial real estate marketplace partnership for automatic listing distribution. Commercial listings entered into Realcomp's MLS are automatically published to Crexi, connecting properties with commercial real estate investors and tenants nationally.
Quantifiable outcome
- Market data covering lower Michigan with statistics compiled from MLS listing and sales activity
Companies that use Realcomp
Customer profileNamed customers3 records
Segments2 records
Ideal customer profiles2 records
Realcomp technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration15 records
AI capability5 records
Feature5 records
Realcomp partnerships and signals
Strategic signalPartnerships
Eleven partnerships are on record, tiered core.
- RoomvocoreRealcomp has partnered with Roomvo to provide interactive home visualization tools to its 16,000+ subscribers across Michigan. The Roomvo platform allows homebuyers to reimagine listing photos by changing flooring, wall colors, and furniture before scheduling showings. The partnership includes compliance safeguards with watermarking and disclosure language on shared images, addressing industry transparency standards.
- CrexicoreRealcomp has partnered with Crexi, a leading commercial real estate marketplace, to provide additional exposure for commercial listings. Through this partnership, commercial listings entered into Realcomp's MLS are automatically published to Crexi, connecting properties with commercial real estate professionals, investors, buyers, and tenants across the country. There is no additional cost to participate and no changes required to existing MLS workflow.
- Amazon (Alexa)coreRealcomp listings are accessible through Alexa voice-activated searches, providing a convenient way for consumers and REALTORS to access property data. Users say 'Alexa, start finding homes' to access matching properties. This service makes single-family on-market Michigan listings available to consumers at no extra cost, exclusive for Realcomp MLS Subscribers.
- CoreLogic (RCO3/Matrix, Paragon)coreRealcomp uses CoreLogic platforms including RCO3/Matrix and Paragon Connect as its primary MLS technology platforms. These systems provide the core listing management, search, and reporting capabilities for Realcomp subscribers.
- SentriLockcoreSentriLock provides electronic lockbox systems for Realcomp subscribers. Features include Access by Appointment (ABA), showing notifications, one-day codes, and access logs. SentriConnect allows non-Realcomp REALTORS to access lockboxes with permission.
- ShowingTimecoreShowingTime provides residential real estate agents and offices with tools to manage showings and feedback as well as analytics and reporting. Integrated with Realcomp's MLS platform.
- SkySlopecoreSkySlope provides digital transaction management, form filling, and electronic signatures integrated with Realcomp's platform for streamlined document management.
- Realtor.comcoreRealtor.com provides national real estate property listings and app integration with Realcomp, allowing subscribers to search for sale listings nationwide and find open houses.
- RPR (Realtor Property Resource)coreRPR Mobile provides property app exclusively for REALTORS with MLS and public record data, mortgage history, school attendance zones, and branded report creation. Operated by National Association of REALTORS.
- First Multiple Listing Service (FMLS)coreRealcomp and FMLS (Georgia) have entered into a data sharing partnership and launched IntraMatrix platform, allowing cross-market data sharing between Michigan and Georgia MLS systems.
- Miami REALTORS MLScoreRealcomp and Miami REALTORS MLS announced an expansive data sharing agreement, enabling cross-market listing data access between Michigan and Florida markets.
Scale indicators3 records
Recent moves7 records
Expansion highlights5 records
Realcomp competitors and assessment
Company assessmentDirect peers
- Bright MLS: A large regional MLS serving the Mid-Atlantic region (mid-Atlantic US states). Operates with a similar subscriber-funded MLS model serving REALTORS across multiple state jurisdictions — a direct functional peer to Realcomp's Michigan MLS.
- California Regional MLS (CRMLS): The largest MLS in the United States by subscriber count, serving California real estate professionals. Operates a regional MLS model with technology integrations and subscriber services analogous to Realcomp.
- Stellar MLS: A large Florida-based MLS serving tens of thousands of subscribers. Operates a similar regional MLS subscription model with technology partnerships and a consumer-facing portal — directly comparable in business model to Realcomp.
- Midwest Real Estate Data (MRED): MLS serving the greater Chicago and Midwest region. Operates a regional MLS subscription model geographically adjacent to Realcomp's Michigan territory with comparable subscriber services and technology integrations.
- First Multiple Listing Service (FMLS): A large MLS serving Metro Atlanta and the state of Georgia. Realcomp has an existing data-sharing partnership with FMLS via the IntraMatrix platform, making it a directly comparable MLS peer.
- Heartland MLS: Regional MLS serving the Kansas City area and surrounding region. Comparable regional MLS subscription model serving REALTORS in a single-state/regional geography.
- North Texas Real Estate Information Systems (NTREIS): Regional MLS serving the North Texas real estate market. Comparable MLS subscription business model serving REALTORS across a concentrated regional geography.
- Miami REALTORS SEFMLS: MLS serving the South Florida real estate market. Realcomp has an existing data-sharing partnership with this organization, making it a directly comparable MLS peer operating the same subscription-based regional MLS model.
Broad incumbents
- CoreLogic: A major data and technology provider to the real estate industry whose RCO3, Matrix, Paragon, and OneHome platforms form the technology backbone for Realcomp and many other MLS systems. While not a competing MLS, CoreLogic is a critical incumbent whose product decisions directly affect Realcomp's platform.
Others
- Zillow Group: Consumer-facing real estate portal that distributes MLS-sourced listing data to consumers. Not a competing MLS, but a downstream ecosystem participant whose consumer relationship shifts the industry's value capture away from the MLS layer.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Realcomp social profiles
Digital presenceRealcomp financial estimates
Financial estimateRevenue estimate
Valuation estimate
Realcomp leadership team
Management profileNumber of profiles
Profiles1 record
Realcomp funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Realcomp M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Realcomp
What does Realcomp do?
Realcomp II Ltd. operates Michigan's largest Multiple Listing Service (MLS), providing listing and sales data, market statistics, and integrated real estate tools to more than 16,000 real estate professional subscribers across Michigan. Subscribers access the platform primarily through CoreLogic's RCO3 (Realcomp Cloud Office 3) and Matrix systems, with supplementary consumer-facing access via MoveInMichigan.com. The offering includes proprietary AI-powered listing entry (Add-Edit AI), voice-activated Alexa property search, and integrated partner tools covering electronic lockboxes (SentriLock), transaction management (SkySlope), showings (ShowingTime), property visualization (Roomvo), and commercial listing distribution (Crexi).
Is Realcomp a public or private company?
Realcomp is a private company. It is classified as management employee owned and is currently operating.
When was Realcomp founded?
Realcomp was founded in 1990. It employs 11 to 50 people.
Where is Realcomp based?
Realcomp is headquartered in Farmington Hills, United States, in the North America region.
How does Realcomp make money?
One revenue line is on record: MLS Subscription Services.
Who are Realcomp's main competitors?
Direct peers on record are Bright MLS, California Regional MLS (CRMLS), Stellar MLS, Midwest Real Estate Data (MRED), First Multiple Listing Service (FMLS), Heartland MLS, North Texas Real Estate Information Systems (NTREIS) and Miami REALTORS SEFMLS. CoreLogic is listed as a broad incumbent. Zillow Group is listed as an others.
Does Realcomp have an API?
No public API is recorded for Realcomp.
What industry is Realcomp in?
Realcomp's product category is Multiple Listing Service (MLS). Its primary akta.pro industry code is BPAJAAAK, Seller Representation & Listing Services, with a secondary code of BPAJAEAJ, Online/Virtual Real Estate Auctions (Marketplace Platforms). Its NAICS code is 5312 and its SIC code is 6531.