In our efforts to stay compliant with industry standards while increasing efficiencies and value, HiCentral MLS will migrate to a new delivery platform for our data licensing program, formerly known as IDX. We will provide the new platform via Trestle by CoreLogic. This migration affects all parties who receive data feeds from HiCentral MLS - Participant/Subscriber/Technology Provider (also known as vendor).

WHAT'S NEW:

• Standardized technology: Trestle is CoreLogic’s new data licensing delivery platform. Our migration to this platform is significant for HiCentral MLS members as we are ushering in the use of the more widely adopted technology standard known as Web API for our data feeds. It will allow members access to both RETS and Web API to receive the data feeds.
• Billing method: HiCentral MLS will discontinue billing members directly for data licensing. Going forward, HiCentral MLS will now bill the Technology Providers for each client license (MLS Subscriber or Participant) they acquire, a standard practice for most MLSs nationwide. The final member direct billing will occur on October 1 for November services. Trestle will commence its billing on December 1 for December services.
• More current billing cycles: While HiCentral MLS billed one month in advance, Trestle bills for the current month (e.g., billing for January 2025 will go out on January 1, 2025).
• Increased efficiency: Trestle streamlines applications, payments, suspensions, and terminations of member accounts.

WHY:

• NAR mandates that all MLSs must be able to provide listing data via Web API technology. Trestle gives us this capability.
• API is an internet-wide industry standard for data transfer. The previous standard (RETS) was a niche standard for the real estate industry and has become an aging, soon-to-be obsolete technology.
• As organizations prioritize cyber-security, the new platform offers better protection, allowing our MLS to enhance our cyber-security systems against unwanted hacks and cyber-criminal infiltrations.
• Conforming our data to RESO standards allows technology providers more efficiency with onboarding MLSs, making it easier for MLSs to adopt new software as needed as our industry evolves.
• Due to its inherent benefits, 97% of MLSs have migrated to Web API. Our migration gives us parity with our counterparts nationwide.

NEXT STEPS

HiCentral MLS members:

1. Review your current data licensing needs and select the data feed that best suits you.
2. Reach out to your technology providers to coordinate this transition to Trestle.

Technology Providers:

1. You will receive a series of emails from Trestle informing you of the onboarding process.
2. Coordinate with your licensees to acquire new agreements. This will be handled via Trestle’s Authentisign agreement process.
3. Coordinate with HiCentral MLS regarding your existing client list and your progress in migrating them to Trestle.
4. We will offer our data in Trestle two ways:
   1. Web API - to deliver our data via the RESO Data Dictionary standard as mandated by NAR.
   2. RETS - for those technology providers who do not wish to utilize API, the legacy data feed process will still be available via Trestle
5. Once it has been determined that you have stood up your conversion to Trestle and onboarded all your clientele, we will inactivate your legacy credentials, but no later than December 2, 2024.

ADDITIONAL QUESTIONS?

Please contact:
Bruce Wee
[email protected]
(808) 792-4933