Tag Archives: Multiple Listing Service

Heartland Multiple Listing Service implements Down Payment Resource to raise homebuyer awareness about down payment assistance programs in the Greater Kansas City community

ATLANTA, Ga. /ScoopCloud/ -- Down Payment Resource (DPR), the housing industry's leading technology for connecting homebuyers with homebuyer assistance programs, today announced that Heartland Multiple Listing Service (MLS) has implemented its tools to notify real estate agents when homebuyers may be eligible for down payment assistance. According to a DPR analysis, 87% of Heartland MLS's listings are eligible for one or more homebuyer assistance programs.

Founded in 1993, Heartland MLS serves more than 12,000 real estate agents in the Greater Kansas City area. The MLS's partnership with DPR flags listings eligible for down payment assistance (DPA) so agents can help make homeownership more accessible in their communities. DPR reports that 27 agencies support 39 homebuyer assistance programs in the Heartland MLS footprint. Assistance amounts range from $3,000 to $37,000 and can be used by homebuyers who earn as much as $143,000 per year toward homes priced up to $766,550, though income and price limits are even higher in certain targeted areas. On average, homes in the Heartland MLS's service region are eligible for roughly $15,000 in assistance.

"Kansas City is seeing a 4% increase in home prices over this time last year, and salaries are just not keeping pace. It's imperative for real estate agents to inform homebuyers about DPA opportunities so more people can qualify for a mortgage and begin building generational wealth through homeownership," said Rob Chrane, founder and CEO of DPR. "We are proud to share our comprehensive database of homebuyer assistance programs - including down payment assistance, grants, affordable first mortgages and more - to help Heartland MLS subscribers better serve their communities, and especially low-to-moderate income (LMI) and minority buyers, with the financial resources that help make homeownership achievable."

"Our MLS subscribers have been long-term champions of the Kansas City community and dedicated to helping homebuyers gain access to safe and sustainable homeownership," said Rob Wagoner, senior vice president, MLS director at Kansas City Regional Association of REALTORS(r) and Heartland MLS. "Our partnership with DPR will help our subscribers better serve homebuyers by shedding light on homebuyer assistance available in our region. Heartland MLS looks forward to further supporting homeownership in our region with DPR's support and user-friendly digital tools."

For more than seven years, Kansas City Regional Association of REALTORS(r), which owns Heartland MLS, has given agent members access to a widget that empowers consumers to search for their homebuyer assistance eligibility.

About Heartland MLS:

Since its inception in 1993, Heartland MLS has been the trusted source for the most complete and accurate real estate information across the Kansas City region. Heartland MLS currently provides services to more than 12,000 subscribers and participants across 39 counties in Kansas and Missouri. Heartland MLS provides real estate professionals with reliable, cost-effective access to a suite of state-of-the-art MLS technology services and products to serve their business needs in today's fast-paced industry. Heartland MLS helped facilitate over 37,000 real estate transactions valued at nearly $12.6 billion in 2023. Heartland MLS is owned and operated by the Kansas City Regional Association of REALTORS(r). For more information, visit the Heartland MLS website.

About Down Payment Resource:

Down Payment Resource (DPR) is the housing industry authority on homebuyer assistance program data and solutions. With a database that tracks more than 2,200 programs and toolsets for mortgage lenders, multiple listing services (MLSs) and API users, DPR helps housing professionals connect homebuyers with the assistance they need. DPR frequently lends its expertise to nonprofits, housing finance agencies, policymakers, government-sponsored enterprises and trade organizations seeking to improve housing affordability. Its technology is used by five of the top 10 retail mortgage lenders and MLSs, three of the four largest real estate listing websites and 600,000 real estate agents. For more information, visit https://downpaymentresource.com/.

News from Down Payment Resource

Down Payment Resource (DPR), the housing industry's leading technology for connecting homebuyers with homebuyer assistance programs, today announced that Heartland Multiple Listing Service (MLS) has implemented its tools to notify real estate agents when homebuyers may be eligible for down payment assistance. According to a DPR analysis, 87% of Heartland MLS's listings are eligible for one or more homebuyer assistance programs.

Related link: https://www.downpaymentresource.com/

This version of news story was published on ScoopCloud™ (ScoopCloud.com) - part of and © the Neotrope® News Network - all rights reserved.

San Antonio Board of REALTORS® implements Down Payment Resource to raise Realtor and homebuyer awareness of down payment assistance programs

ATLANTA, Ga. /ScoopCloud/ -- The San Antonio Board of REALTORS® (SABOR) today announced that it has partnered with Down Payment Resource (DPR) to provide its approximately 16,000 multiple listing service (MLS) subscribers with access to DPR's toolset that helps real estate agents connect clients with programs that can help save on down payments and closing costs.

SABOR is a primary resource homebuyers and sellers in the San Antonio area use to search and list local property listings and connect with a REALTOR®. SABOR's partnership with DPR will enable its REALTOR® members and MLS subscribers to identify SABOR listings that are eligible for homebuyer and down payment assistance (DPA) programs funded at the state, local and national level.

DPR reports that almost 86% of SABOR's property inventory is eligible for one or more of the 64 total homebuyer assistance programs in the Greater San Antonio area. Assistance amounts range from $5,000 to $30,000 and can be used by homebuyers that earn as much as $104,000 per year toward homes priced up to $647,000, though income and price limits are even higher in certain targeted areas. On average, homes in SABOR's service region are eligible for roughly $16,000.

"SABOR members have long been champions of the San Antonio community, and we are dedicated to helping homebuyers access safe and sustainable homeownership," said SABOR CEO Gilbert Gonzalez. "Our partnership with DPR will help our real estate members better serve their clients by shedding light on the ample homebuyer assistance programs available in our region. SABOR looks forward to further supporting homeownership in San Antonio with DPR's support and user-friendly digital tools."

"San Antonio is one of the least affordable U.S. cities for renters, which is why it is so important for residents to be connected with resources like down payment assistance to make the leap from renter to homeowner," said Rob Chrane, CEO of DPR. "We are proud to share our comprehensive database of homebuyer assistance programs - including down payment assistance, grants, affordable first mortgages and more - to help SABOR members better serve their communities with the financial resources that help make homeownership achievable."

About Down Payment Resource:

Down Payment Resource (DPR) is a nationwide database of down payment assistance and affordable lending programs. The company tracks funding status, eligibility rules, benefits and more for approximately 2,200 programs in 11 categories. Its award winning technology helps the housing industry connect more homebuyers to the down payment help they need. DPR has been recognized by Inman News as "Most Innovative New Technology" and the HousingWire Tech100™. DPR is licensed to Multiple Listing Services, Realtor Associations, lenders and housing counselors across the country. DPR's subscription based service, Down Payment Connect, helps agents and loan officers match buyers to available programs. For more information, please visit DownPaymentResource.com and on Twitter at @DwnPmtResource .

About SABOR:

The San Antonio Board of REALTORS® is your primary resource when it comes to finding a REALTOR® and buying and selling in the San Antonio area. It is the largest professional trade association in San Antonio and represents over 15,000 REALTOR® members. SABOR's membership services ten counties including Bexar, Atascosa, Frio, Karnes, Kendall, LaSalle, McMullen, Medina, Uvalde, and Wilson. SABOR is one of over 1,200 local boards and 54 state and territory organizations of REALTORS® nationwide that make up the National Association of REALTORS® (NAR).

News from Down Payment Resource

The San Antonio Board of REALTORS® (SABOR) today announced that it has partnered with Down Payment Resource (DPR) to provide its approximately 16,000 multiple listing service (MLS) subscribers with access to DPR's toolset that helps real estate agents connect clients with programs that can help save on down payments and closing costs.

Related link: https://www.downpaymentresource.com/

This version of news story was published on ScoopCloud™ (ScoopCloud.com) - part of and © the Neotrope® News Network - all rights reserved.

OneKey MLS names Down Payment Resource partners as designated provider of down payment assistance tools

ATLANTA, Ga. /ScoopCloud/ -- OneKey® MLS, the largest multiple listing service (MLS) in New York, today announced that it has partnered with Down Payment Resource (DPR), the nationwide database for U.S. homebuyer assistance programs, to indicate MLS residential listings that may be eligible for down payment assistance and other homebuyer affordability programs.

OneKey MLS has 45,000 MLS subscribers and specializes in listing residential and commercial real estate in nine New York counties covering Long Island, the Hudson Valley and all five NYC boroughs. In addition to providing home directories to its subscribers, OneKey MLS enables consumers to search home listings on a public-facing search site.

"Many prospective buyers do not realize the wealth of down payment assistance programs available to them, even at the state and regional levels," said OneKey MLS CEO Jim Speer. "Thanks to our partnership with DPR, our subscribers can swiftly connect borrowers with the homebuyer education and assistance programs they need to achieve their financial dreams."

DPR's toolset is the latest of many time-saving resources that OneKey MLS offers consumers and subscribers. Through its new partnership with DPR, OneKey MLS will now flag listings eligible for homebuyer assistance programs on both its public- and subscriber-facing search pages. Down Payment Resource has already identified 54 programs available in OneKey MLS' area coverage for which 62% of its residential listing inventory is potentially eligible.

"Home prices across the United States have soared in the past year. New York state is no different, with low inventory driving the state's median home price up by 19.4% in 2021," said DPR CEO Rob Chrane. "Now, New Yorkers that are hoping to buy a home can count on OneKey MLS and its Realtor subscribers for homebuyer affordability guidance they may have never encountered otherwise."

About Down Payment Resource:

Down Payment Resource (DPR) is a nationwide database of down payment assistance and affordable lending programs. The company tracks funding status, eligibility rules, benefits and more for approximately 2,200 programs in 11 categories. Its award winning technology helps the housing industry connect more homebuyers to the down payment help they need. DPR has been recognized by Inman News as "Most Innovative New Technology" and the HousingWire Tech100(tm). DPR is licensed to Multiple Listing Services, Realtor Associations, lenders and housing counselors across the country. DPR's subscription based service, Down Payment Connect, helps agents and loan officers match buyers to available programs. For more information, please visit https://downpaymentresource.com/ and on Twitter at @DwnPmtResource.

About OneKey® MLS:

OneKey MLS, made possible by the merger of MLSLI and Hudson Gateway MLS, is one of the nation's leading Multiple Listing Services, serving over 45,000 REALTOR® subscribers and 4,300 participating offices throughout Long Island, Manhattan, and the Hudson Valley. OneKey MLS is dedicated to providing more comprehensive coverage, up-to-date statistics, and the best real estate tools and resources.

News from Down Payment Resource

OneKey® MLS, the largest multiple listing service (MLS) in New York, today announced that it has partnered with Down Payment Resource (DPR), the nationwide database for U.S. homebuyer assistance programs, to indicate MLS residential listings that may be eligible for down payment assistance and other homebuyer affordability programs.

Related link: https://www.downpaymentresource.com/

This version of news story was published on ScoopCloud™ (ScoopCloud.com) - part of and © the Neotrope® News Network - all rights reserved.

realMLS enhances listing service with Down Payment Resource to help subscribers connect consumers with homebuyer assistance programs

ATLANTA, Ga. /ScoopCloud/ -- realMLS, serving 11,000 members in Northeast Florida, today announced that it has partnered with Down Payment Resource (DPR) to enhance its platform with DPR's suite of real estate agent tools that help MLS customers connect homebuyers with homebuyer assistance programs.

realMLS is a multiple listing service (MLS) which provides advanced tools and reliable listing data to their MLS members serving Baker, Clay, Duval, Nassau, Putnam and St. Johns County, Florida. According to DPR analysis, 44 homebuyer assistance programs are available for up to 63% of realMLS listings, including 35 down payment assistance programs, six affordable first mortgage programs, two mortgage credit certificates (MCCs) and one other program.

As a subscriber benefit, realMLS has integrated DPR with its listing data so properties that qualify for one or more homebuyer assistance programs will be searchable and flagged with the DPR icon. Additionally, realMLS subscribers will receive Down Payment Connect, a unique lead generation landing page that allows visitors to search for homeownership programs and Realtors to collect prospect contact information. Subscribers will also be given access to DPR's library of marketing resources, which includes graphics, social media images and customizable flyers.

"The median home price in realMLS' coverage area has spiked 25.5% over the last year, increasing the cost of a 3% down payment by tens of thousands of dollars for most homes," said DPR CEO Rob Chrane. "DPR tools equip realMLS subscribers to sustainably grow their business by helping families overcome one of the most frequently cited barriers to homeownership: the cost of a down payment."

"realMLS is focused on providing technology such as DPR which empowers our members to best serve consumers," said realMLS CEO Nicole Jensen. "DPR gives our subscribers an edge by making them the source on homebuyer opportunities to proactively address the homebuyer affordability challenges facing people living and working in our communities."

About Down Payment Resource:

Down Payment Resource (DPR) is a nationwide database of down payment assistance and affordable lending programs. The company tracks funding status, eligibility rules, benefits and more for approximately 2,200 programs in 11 categories. Its award winning technology helps the housing industry connect more homebuyers to the down payment help they need. DPR has been recognized by Inman News as "Most Innovative New Technology" and the HousingWire Tech100(tm). DPR is licensed to Multiple Listing Services, Realtor Associations, lenders and housing counselors across the country. DPR's subscription based service, Down Payment Connect, helps agents and loan officers match buyers to available programs. For more information, please visit https://downpaymentresource.com/ and on Twitter at @DwnPmtResource.

About realMLS:

realMLS (a wholly-owned subsidiary of NEFAR) is a Multiple Listing Service for over 11,000 members in Northeast Florida focused on promoting a healthy marketplace, for members and their clients, by providing innovative tools and comprehensive listing data. realMLS partners with exceptional service providers to give members an array of choices to fit their business model. Members have access to statistical data products that are customizable, along with extensive property record data through their integration with Metro Market Trends, Inc., which provides detailed and accurate property information to its customers in Florida and Alabama. To learn more about realMLS go to https://www.realmls.com/.

News from Down Payment Resource

realMLS, serving 11,000 members in Northeast Florida, today announced that it has partnered with Down Payment Resource (DPR) to enhance its platform with DPR's suite of real estate agent tools that help MLS customers connect homebuyers with homebuyer assistance programs.

Related link: https://www.downpaymentresource.com/

This version of news story was published on ScoopCloud™ (ScoopCloud.com) - part of and © the Neotrope® News Network - all rights reserved.