Ottawa Real Estate Board to Join Leading-edge PropTx MLS® Service
March 27, 2024
The Ottawa Real Estate Board’s (OREB) mission is to provide its 4,000 REALTOR® Members with leading-edge resources to achieve success in our community’s real estate market. OREB, in partnership with the Renfrew County Real Estate Board, Rideau-St. Lawrence Real Estate Board, and Cornwall and District Real Estate Board, is excited to announce a new development in that mission — we’re adopting PropTx, a dynamic technology platform with tools, insights and applications that provide a secure process for smooth real estate transactions for buyers and sellers alike. In conjunction with today’s announcement by the Kingston and Area Real Estate Association that they will also adopt PropTx, this alignment will bring a seamless experience for all Members in Eastern Ontario.
“The progression to using PropTx is about harnessing shared data and combined buying power to provide a comprehensive suite of tools that will empower REALTORS® and their clients to make informed strategic real estate choices in a rapidly moving industry,” says OREB President Curtis Fillier. “Buying and selling property are among the most important transactions in a person’s life. With PropTx, OREB is building more capacity to help Members provide unparalleled service with confidence.”
PropTx upgrades the real estate experience by:
- Increasing connectivity to save time,
- Enhancing customer service levels and collaboration among all parties,
- Securing compliance and greater transparency, and
- Sharing greater access to data.
Included in PropTx’s suite of tools is REALM™, a mobile-first platform that merges land registry and MLS® data to create a singular and enhanced experience, as well as the CoreLogic platform that REALTORS® currently use. Also featured are SkySlope Forms and SkySlope Offers, which streamline and protect the offer experience. HoodQ offers extensive hyper-local data, invaluable insights and guidance that will assist clients in intelligent decision making. And Fintracker provides a secure, paperless and automated identification and verification tool that is compliant with Canada’s financial intelligence, anti-money laundering and anti-terrorist financing initiatives.
“PropTx is both a business-builder for REALTORS® and a gateway to more choice for clients,” says Kevin Crigger of PropTx Innovations Inc. “Establishing a province-wide database, it’s also enabling greater transparency and offering deeply insightful real estate market data.”
Already employing this innovative real estate platform are the Toronto Regional Real Estate Board, the London St. Thomas Association of REALTORS®, the former Brampton Real Estate Board, and the Central Lakes Association of REALTORS® (encompassing Durham, Quinte, Northumberland, Peterborough and Kawartha Lakes). Other boards are poised to join, which will expand access to data and bring this province’s sector closer to a centralized MLS® system.
About the Ottawa Real Estate Board
The Ottawa Real Estate Board is Ottawa’s largest trade association with 4,000 sales representatives and brokers in the Ottawa area. Members of the board are also Members of the Canadian Real Estate Association (CREA).
The MLS® system is a member-based service, provided by the REALTOR® members of the Ottawa Real Estate Board. The MLS® mark symbolizes the cooperation among REALTORS® to affect the purchase and sale of real estate through real estate services provided by REALTORS®. MLS® commercial and residential listings are available for viewing on the Board’s internet site at https://www.oreb.ca/ and on the national website of CREA at https://www.realtor.ca/.
About PropTx Innovations Inc.
PropTx Innovations Inc. (PropTx) provides leading technology service solutions to REALTORS® through a range of tools, insights and applications that improve the transaction experience for them and the clients they serve. PropTx is the home of a blockchain-enabled, innovative, trusted and modern MLS® platform that provides a more secure, streamlined and automated process for managing real estate transactions. PropTx is a wholly owned, subsidiary and taxable entity of the Toronto Regional Real Estate Board (TRREB).
