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72 P R O P E R T Y VA L U AT I O N SPECIAL ADVERTORIAL SECTION REALTORS PROPERTY RESOURCE KEY PERSONNEL Dale Ross CEO Marty Frame President Jeff Young SVP of Operations/Industry Relations Tim Knight VP of Business Development Mike Ela Business Development Staffing » Number of company employees: 50 BUSINESS SCOPE » Officially Licensed National MLS Property Database » Automated Valuation Models (AVM) » MLS Alerts and Monitoring » Market Performance Metrics » Tools for Appraisers, BPOs, and CMAs CORPORATE DETAILS: 430 N. Michigan Ave. | Chicago, Illinois 60611 | 817.789.3731 | rpranalytics.com | blog.narrpr.com CORPORATE PROFILE: A wholly owned subsidiary of the Na- tional Association of REALTORS (NAR), Realtors Property Resource (RPR) provides a national property database for NAR member REALTORS. In conjunction with the nation- wide database, RPR also creates analytics products for the mortgage industry using Multiple Listing Service (MLS) that is fully authorized for collateral analysis applications. COMPANY HISTORY: Created in 2009 by NAR, RPR helps utilize MLS data to create value for its member REALTORS. The company creates products that help local REALTORS, as well as products that can help the mortgage industry using nationwide data to glean useful business insight into upcoming and ongoing trends. BUSINESS LINES, SERVICES, AND PRODUCTS: » National Property Database » Automated Valuation Models (AVM) » MLS Alerts and Monitoring » Tools for Appraisers, BPOs, and CMA DATA TYPES RPR MANAGES: » 5 billion historical valuations » 166 million properties » 1 billion photos » 240 million tax records » 133 million deeds » 100 million mortgages » 133 million default records GEOGRAPHICAL SCOPE AND COVERAGE AREA: RPR's coverage includes 98% of the residential properties in the United States. KEY FEATURES/BENEFITS: The key feature of RPR is its ability to leverage a national database of MLS information for use in collateral evaluation products. The company provides key benefits to NAR members to help them research property information. Additionally, the company uses MLS data to create derivative collateral valuation products such as the Realtors Valuation Model. RVM is a highly-accurate, MLS data-infused AVM that brings the power of current market information to help mortgage market participants across the industry from originations through capital markets and default/servicing. APPLICATIONS FOR RPR'S SERVICES INCLUDE: » Valuations » REO/Loan Servicing » Pre and Post Fund Desk & Field Reviews » Repurchase Claim Analysis » Asset Management » Portfolio Review » Market and Disposition Analysis » Listing Activity Monitoring » Refinances and HELOCs » Quality Control COMPETITIVE ADVANTAGE: RPR's defining characteristic is its function as a no-cost benefit to NAR members. By being a free-to-use service for member REALTORS, RPR functions as a nexus to real estate sales practitioners. Effectively, the company ties in its huge database of pertinent and accurate information to "boots on the ground" staff who can then utilize their data to positively impact their business. ADDED VALUE: The company is a source of real-time information about the housing market. Furthermore, its MLS data is officially licensed by the company, which is a subsidiary of NAR. RPR is the solution for the industry problem of inaccurate and unauthorized sources of MLS data. RPR helps customers know the data they are working with is fully authorized. KEYS TO SUCCESS: RPR's ownership by NAR has allows the company to achieve deep penetration into the MLS space, providing a benefit to all practicing REALTORS. The company has acquired the largest compilation of MLS data for use in its evaluation products. RPR's supportive activities provides a benefit to REALTORS and supports the use of their data, which in turn helps the company create products that are valuable to the mortgage industry and beneficial to the housing market as a whole. "Connect with the source. RPR provides current, compliant, and comprehensive data and analytics to help turn information into intelligence." CONTACT INFO: Tim Knight Vice President, Business Development 817.789.3731 | timk@narrpr.com Mike Ela Business Development 916.580.8906 | mikee@narrpr.com Nationwide coverage Chicago, Illinois Corporate Headquarters Irvine, CA; Dallas, TX; Washington D.C. Regional Offices