Midwest Real Estate Data LLC

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Midwest Real Estate Data LLC MRED equips real estate professionals with top-rated multiple listing service solutions, providing property information in the Midwest and beyond!
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10/08/2026

MRED and NoCoast MLS have announced a partnership expanding access to MLS technology, data and market opportunities across Iowa.

Are you using AI to save time and help your business yet?In this webinar from RPR, you'll get an overview of the suite o...
10/08/2026

Are you using AI to save time and help your business yet?

In this webinar from RPR, you'll get an overview of the suite of AI tools available both on RPR’s website and in its app:
- Interpret residential market trend data and easily share summaries with clients or on social media
- Customize AI generated content that can be adjusted for tone and audience
- Simplify complex consumer spending and demographic data for commercial clients to help them make more informed decisions
- Share detailed residential and commercial property insights with buyers

Sign up here:

We're excited to share that MRED President/CEO Rebecca Jensen will be speaking Tuesday, Oct. 20 at RESO's Fall Conferenc...
10/07/2026

We're excited to share that MRED President/CEO Rebecca Jensen will be speaking Tuesday, Oct. 20 at RESO's Fall Conference!

Get more details here:
https://www.reso.org/2026-fall/

There were 43,032 active residential listings in MRED's marketplace last week. That total was a 1.4% week-over-week drop...
10/06/2026

There were 43,032 active residential listings in MRED's marketplace last week. That total was a 1.4% week-over-week drop as well as the lowest single-week total in four weeks

The Data Is Clear: Double-Ended Deals Happen Less Often in MRED’s PLN Status MRED launched their PLN Status to address t...
10/01/2026

The Data Is Clear: Double-Ended Deals Happen Less Often in MRED’s PLN Status

MRED launched their PLN Status to address the requests of their brokerages who wanted a way to warm up interest in properties while they were preparing them for sale. The PLN status allows every MRED subscriber to gain early exposure to properties before they go fully active. Interestingly, the data shows that properties participating in this early, pre-listing status have fewer double ended transactions than active listings.

Double-ended transactions by agents have consistently been less common in the Private Listing Network status than in Active status:

2022: PLN Status 3.3% | Active Status 5.5%
2023: PLN Status 3.5% | Active Status 5.8%
2024: PLN Status 3.2% | Active Status 5.2%
2025: PLN Status 3.3% | Active Status 4.7%
2026 YTD (as of 8/31): PLN Status 2.9% | Active Status 3.4%

The data also shows that double ending represents an increasingly small percentage of transactions in either status.

Since 2022, double-ended transactions in the PLN status have declined approximately 12%, while those in Active status have declined approximately 38%.

The data does not support the assertion by some that PLN status encourages agents to capture both sides of a transaction.

At MRED, we believe the best way to address questions about how the marketplace operates is to start with the facts.

And in this case, the data is clear: the PLN is simply a way to give homeowners the time to prepare their listing or, in rare cases, sell their home without public display.

What a great week at the Illinois Realtors REignite Conference! We proudly sponsored a reception after the MRED-hosted C...
09/30/2026

What a great week at the Illinois Realtors REignite Conference! We proudly sponsored a reception after the MRED-hosted CE class!

We love supporting events that benefit our subscribers and real estate professionals across the state!

Did you see Realtor.com's research on the hottest ZIP codes of 2026? See the nearby areas that made the list!
09/30/2026

Did you see Realtor.com's research on the hottest ZIP codes of 2026? See the nearby areas that made the list!

Each year, Realtor.com’s Hottest ZIP Codes report spotlights the U.S. ZIP codes where buyer interest is…

The $344,250 median sales price in MRED's residential marketplace during September's last full week was a 1% week-over-w...
09/29/2026

The $344,250 median sales price in MRED's residential marketplace during September's last full week was a 1% week-over-week decrease. That mark was also a 7% year-over-year increase while being the lowest total in that metric since May.

09/28/2026

We’re grateful for all our incredible associations, especially the dedicated association executives who help make these partnerships work.

Their leadership, collaboration, and commitment to serving real estate professionals make a difference every day. We’re proud to work alongside organizations that support the industry and create opportunities for the professionals we collectively serve.

Thank you for your partnership, your trust, and everything you do!

MRED has understood for more than a decade what others are just beginning to recognize: the broker is solely responsible...
09/25/2026

MRED has understood for more than a decade what others are just beginning to recognize: the broker is solely responsible for facilitating a successful, lawful transaction. The MLS is responsible for curating an organized, cooperative, equitable marketplace that gives brokers the flexibility to lawfully serve their clients as they see fit.

That philosophy has guided MRED’s Private Listing Network (PLN) status since it was launched more than 10 years ago in direct response to broker requests. It is also why MRED does not mandate how long a listing can remain in PLN status before being marketed publicly. Every property, seller and circumstance is different. MRED believes the practitioner advising the seller is best positioned to determine the appropriate marketing path.

The results support that approach. Even without a mandated timeframe, listings typically remain in the PLN for just 9 to 20 days, similar to markets that impose specific time limits. The key difference in MRED’s approach? The broker drives the marketing approach and timing, not arbitrary MLS rules.

MRED doesn’t impose arbitrary behaviors on broker marketing practices. MRED creates the marketplace and empowers professionals to serve their clients the best way they know how. After a decade of listening, learning, and refining the PLN, MRED continues to demonstrate the advantage of broker-centric leadership: lead the marketplace without trying to dictate the flow of transactions.

Address

2443 Warrenville Road, Ste 600
Lisle, IL
60532

Opening Hours

Monday 8am - 6pm
Tuesday 8am - 6pm
Wednesday 8am - 6pm
Thursday 8am - 6pm
Friday 8am - 6pm

Telephone

+16309550011

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