MADISON, NJ - (Marketwired - Oct 3, 2013) - Realogy Holdings Corp. (NYSE: RLGY), a global leader in real estate franchising and provider of real estate brokerage, relocation and settlement services, today announced it will host the company's second innovation summit in a six-month span. The "Realogy Innovation Summit - Powered by Retsly" will feature a two-day competition for software developers to create new applications for residential real estate in an around-the-clock environment using current MLS listings and data in a secure environment. Up to 300 software developers will be selected to participate at the event, which will take place Nov. 6-7 concurrent with the 2013 National Association of REALTORS® Conference and Expo at the Moscone Center in San Francisco.
"Realogy is committed to fostering innovation in the real estate industry," said Alex Perriello, president and chief executive officer of the Realogy Franchise Group. "The Realogy Innovation Summit - Powered by Retsly is designed to challenge the most creative software developers to focus their efforts on using property listings in big data applications for the real estate space. It will be dramatic to see what new applications will be conceived in such a compressed period of time. For us, this event is a complementary extension of the Realogy FWD Innovation Summit we held in June that showcased 15 top emerging technology companies and their newly created products and service offerings."
Powered by Retsly Software's unique data platform, this first-of-its-kind event for the real estate industry will make property listings available in a secure programming environment, with data feeds from some of the nation's largest multiple listing services and the proprietary listings databases of Realogy's residential real estate franchise brands: Better Homes and Gardens Real Estate, CENTURY 21, Coldwell Banker Real Estate, ERA Real Estate and Sotheby's International Realty. Participating MLS associations include California Regional Multiple Listing Service, Midwest Real Estate Data, Sandicor, Connecticut MLS, InterMountain MLS, and MLSListings.com. In aggregate, the Retsly data platform will provide developers with access to approximately 2 million property listings during the two-day event.
"We're beyond excited about data becoming more accessible to innovators, and we think the next big idea in real estate technology will be born at this event," said Kyle Campbell, co-founder of Retsly.
The Realogy Innovation Summit - Powered by Retsly will feature some of the software industry's most talented software developers creating web, mobile, and analytic products for residential real estate, in a 27.5-hour live competition in an environment similar to established technology events like TechCrunch Disrupt. To access the data, developers will use Retsly's application programming interface (API) that links to standardized and aggregated MLS data, thereby allowing participants to create new applications in minutes, not months. REALTOR ambassadors also will be on hand to add a practitioner's perspective to the software developers' brainstorming.
The judging panel includes industry leaders such as: Russ Bergeron, CEO of Midwest Real Estate Data LLC (MRED); Art Carter, CEO of California Regional Multiple Listing Service, Inc. (CRMLS); Ray Ewing, CEO of Sandicor Inc.; Cameron Payne, CEO at the Connecticut Multiple Listing Service, Inc.; and Realogy's Alex Perriello. Participants will have the opportunity to compete for top honors in a variety of categories. After the competition, the winning developers will get to present their innovative ideas in front of more than 25,000 real estate professionals on the trade show floor from Nov. 8-11 at the National Association of REALTORS' Expo.
More information about the Realogy Innovation Summit - Powered by Retsly can be found at http://retsly.postach.io/. For developers who are interested in participating in the event, registration application forms are available online at http://retsly.eventbrite.com/.
Realogy Holdings Corp. (NYSE: RLGY) is a global leader in residential real estate franchising with company-owned residential real estate brokerage operations doing business under its franchise systems as well as relocation and title services. Realogy's brands and business units include Better Homes and Gardens® Real Estate, CENTURY 21®, Coldwell Banker®, Coldwell Banker Commercial®, The Corcoran Group®, ERA®, Sotheby's International Realty®, NRT LLC, Cartus and Title Resource Group. Collectively, Realogy's franchise system members operate approximately 13,500 offices with 241,700 independent sales associates doing business in 103 countries around the world. Realogy is headquartered in Madison, N.J.
Founded in 2013, Retsly Software Inc. is a backend as a service that aggregates and enhances MLS data and implements a cohesive real-time API as well as an open-source SDK for developing data-driven real estate products in the most efficient environment available to date. Retsly is a member of the Real Estate Standards Organization (RESO), the body that publishes data standards for the real estate industry. Currently Retsly is working with the top Multiple Listing Services and provides access to over 500,000 agents and brokers. In September 2013, Retsly was selected to join GrowLab, startup accelerator based in Vancouver, British Columbia. For more information visit www.Rets.ly.
Realogy's company-owned real estate brokerage, is the largest residential brokerage company in the United States, operates under several of Realogy's brands and also provides related residential real estate services.