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MRED's New President/Chief Executive Officer Takes the Helm

LISLE, Ill., March 10, 2015 (GLOBE NEWSWIRE) -- Midwest Real Estate Data (MRED), Chicagoland's multiple listing service (MLS), announced that Rebecca Jensen has officially started as MRED's President/Chief Executive Officer. She arrived on Monday, March 2nd, moving to MRED from another of the large MLSs in the country, UtahRealEstate.com.

Ms. Jensen hit the ground running. Many significant issues are affecting the MLS industry currently, most significant being the distribution of listing content to third party websites like Zillow and Trulia and the role MLSs will continue to play in listing syndication going forward. However, initially much of Ms. Jensen's time will be spent getting to know MRED, its staff and existing culture.

"MRED has been and will continue to be a finely-tuned operation," said Ms. Jensen. "We are all grateful to Jeff Gregory for the great work he did stepping in the last eight months as MRED's Interim President/CEO. Now, it is my turn at the helm, and I cannot express the level of excitement I have at starting one of the dream jobs in our industry."

"Even in the short time we have interacted with Rebecca, our Board could not be more pleased that she is our new Leader," said MRED Chairman of the Board, Jeff Gregory. "After conducting an exhaustive national search, we are filled with anticipation regarding where MRED is going and thrilled that Rebecca is our President/CEO."

"There are many challenges ahead," added Ms. Jensen, "but I am extremely confident we can work closely with our brokerages, appraisal offices and Realtor® Association partners to make great progress and tackle the tough issues together."

About MRED

Midwest Real Estate Data (MRED) is the real estate data aggregator and distributor providing the Chicagoland multiple listing service (MLS) to nearly 40,000 brokers and appraisers and 8,000 offices. MRED serves Chicago and the surrounding "collar" counties and provides property information encompassing northern Illinois, southern Wisconsin and northwest Indiana. MRED delivers over twenty products and services to its customers, complementing connectMLS™, the top-rated MLS system in the country for two years running according to the WAV Group MLS Technology Survey. MRED is the 2013 Inman News Most Innovative MLS/Real Estate Trade Association, and for four consecutive years the MRED Help Desk has been identified as one of the best small business centers in the United States and Canada by BenchmarkPortal. For more information please visit MREDLLC.com.



A photo accompanying this release is available at:

http://www.globenewswire.com/newsroom/prs/?pkgid=31309

CONTACT: Jeff Lasky MRED Director of Communications and Training 630-799-1470 jeff.lasky@mredllc.com

Source: Midwest Real Estate Data