Large Market Presence Midwest Real Estate Data LLC serves nearly 50,000 real estate professionals across over 7,500 offices in Chicago, northern Illinois, southern Wisconsin, and northwest Indiana, indicating a substantial customer base and extensive regional coverage.
Technology Adoption The company leverages advanced tech solutions including Azure, TypeScript, and various real estate-specific platforms such as Realist and Paragon Connect, demonstrating openness to innovative tools that enhance listing management and data accessibility.
Recent Strategic Partnerships Recent collaborations with Crexi and the addition of Black Knight's Paragon Connect suggest opportunities to offer integrated, state-of-the-art MLS services and expand features like private listing transparency, appealing to tech-savvy clients.
Revenue and Growth Potential With an annual revenue estimated between 50 and 100 million dollars, MRED shows significant financial capacity, presenting opportunities for upselling comprehensive data solutions, advanced MLS platforms, or expansion into new regional markets.
Market Trend Leadership By actively innovating with private listing features and participating in international industry events such as NAR India, MRED positions itself as a forward-thinking leader capable of facilitating cutting-edge real estate solutions and cross-border collaborations.