Multiple listing services (MLSs) from across the country are teaming up to create Nestfully, a new consumer-facing home listing portal. The three founding MLSs are California Regional MLS, REcolorado and Bright MLS.
Together, these three MLSs have approximately 240,000 agents and brokerage subscribers, whose annual sales topped $280 billion in 2022, according to an announcement on Tuesday.
“Consumers will get the freshest information at their fingertips, optimized for mobile viewing, so they’ll be able to make educated decisions about homes they’re considering quickly and efficiently,” Brian Donnellan, the president and CEO of Bright MLS, said in a statement.
Nestfully will launch during the first quarter of 2023. The new portal will offer a desktop and mobile sites, as well as mobile and native iOS and Android app experiences.
Through the portal, consumers will have access to a home search experience that uses features and a user interface developed by the founding MLSs, with technology services provided by Constellation1. Features will include the ability to search for properties and apply filters based on a homebuyer’s desires. It will also offer the ability to schedule a showing and directly ask the listing agent questions about homes of interest.
“With Nestfully, Constellation1 is looking forward to providing a smoother real estate experience for consumers, one powered by brokers and MLSs. Together, we are going to drive forward the consumer experience for the benefit of consumers, brokerages and agents,” Andrew Binkley, the president of Constellation1, said in a statement.
According to the release, the platform will adhere to Fair Display guidelines, including the display of all listings with no advertisements. In addition, Nestfully’s lead will be provided to brokerage MLS members at no additional cost.
“Nestfully is a perfect complement to REcolorado’s strategic focus of providing solutions that evolve the customer experience by providing leads to the listing brokerage and ensuring access to reliable listing data,” Gene Millman, the president and CEO of REcolorado, said in a statement.