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Preferred Unit Owner Video from Midwest Real Estate Data on Vimeo.

Did you know that brokerages OWN MRED? Did you know your brokerage can too?

This is the exception, not the rule, around the country where almost all other MLSs are owned soley by REALTOR Associations. While MRED maintains an Assocation ownership aspect, MRED is unique in that its brokerages actually OWN and CONTROL the MLS.

What does that mean? MRED has 15 voting members on our board. Of those, two are REALTOR Assocation Executives representing the local Assocations in MRED. The other 13 seats belong to brokerages and are filled by Preferred Unit Owners. So you don't only have ownership interest in MRED, you have CONTROL via the 13 of 15 votes on our Board.

MRED and its Assocation partners recognize this is the Brokers MLS and we all want it to run in accordance with the Brokers wishes. As an MRED Preferred Unit Owner, you can vote in Board of Managers elections, run for or nominate another person to be on the Board, attend and vote at our Preferred Unit Owner meetings, and co-creating with us MRED's Strategic Plan.

Learn More about Becoming a Preferred Unit Owner »

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MRED Help Desk:
630-955-2755 or
8am-6pm M-F & 9am-3pm Sat
On Call Emergency hours Sundays and most Holidays 10am-2pm
OFFICE: 2443 Warrenville Road, Suite 600
Lisle, IL 60532
T: 630-955-0011 F: 630-955-0353