Trestle, and a Crowded MLS Data Syndication Space

I came across CoreLogic’s Trestle offering today as a result of listening to the latest Listing Bits podcast with Kevin Greene. (All Listing Bits episodes on iTunes here).

What exactly is Trestle?

The ultimate listing data management and property information tool for brokers, technology providers, and multiple listing organizations.

The way I understand it is it’s a platform for vendors to more seamlessly access MLS data feeds plus the ability to pay fees from one location. The goal is to alleviate the headache with launching an app across multiple geographic markets.

How exactly is this different than FBS’s Spark Platform? (which was launched five years ago in 2012)? Is it that you can download/store the data, and do derivative works on it?

Helping vendors and brokerage deploying across markets is not a technology problem. It’s a legal/compliance problem. I know first hand, since I’m working through this exact issue for 360modern (we’re expanding to Palm Springs).

The “MLS data aggregation” space is getting crowded…

That said, why don’t those attempting to aggregate MLS feeds offer to do compliance checks for MLS’…for free? That would save MLS’ money, because they would need fewer staff to handle reviewing all the applications that get sent their way.

PS: I do have to call out one portion of Trestle’s landing page for technology vendors.

Trestle offers unique consumer content available nowhere else.  Take advantage of enriched CoreLogic property information and proprietary market analytics to get a competitive edge.  With Trestle, your website can provide real estate insights far beyond what national portals offer.

Playing devil’s advocate — if anyone can use the “enriched CoreLogic property information and proprietary market analytics”, but any vendor/broker can use the Trestle platform, I’m not sure how they can make the “content available nowhere else” claim? Something doesn’t add up in that equation.

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