Scott & Assoc Inc Realtors

Description

Real Estate Information Network, Inc.(REIN) formally came into being in August of 1997 as a result of the regionalization of two different multiple listing services into one. The former Metro MLS, Inc., had served real estate brokers in the cities of Norfolk, Virginia Beach, Chesapeake, Portsmouth and Suffolk and outlying areas west of Suffolk since 1970. The Virginia Peninsula Association of REALTORS® MLS served real estate brokers in the cities of Hampton, Newport News and Poquoson and the counties of York and James City. These two MLS’s united their separate listing databases into one system, which today serves real estate brokers from Williamsburg, east to Virginia Beach and south to the North Carolina border.REIN is an independent MLS which is owned by broker stockholder members. REIN’s customers are the broker stockholder firms and their real estate agents, appraiser members and affiliate businesses. Currently, there are approximately 560 real estate offices, 7200 real estate agents and 110 appraiser members.REIN’s primary purpose is to assist members in rendering better service to the public by providing a medium through which real estate may be merchandised promptly and efficiently, thereby benefiting both the selling and buying public. The "medium" through which REIN offers services exclusively to its members is the regional database that contains thousands of active listings for sale, hundreds of thousands of off market listings that can be used for comparables, on-line photos and hundreds of active rental listings.

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