Frequently Asked Questions

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FAQ FAQ

Click on any question to display the answer…

Who is NRE?

Then what happened?

What about networking…and the Internet?

What is NRE’s Internet Marketing System?

So IMS is an acronym for Internet Marketing System?

What’s the difference between NRE’s IMS and an MLS?

What makes NRE’s IMS so powerful?

Who can participate?

What computing equipment do I need?

What is the cost to participate?

How do I get started?

Why do you need such detailed information?

What if my property is not listed with a broker, and I want it marketed in the NRE/IMS system?

What if my property IS listed with a broker, and I want it marketed in the NRE/IMS system?

What if I’m a prospective buyer, and I want access to properties in the NRE/IMS system?

The initials NRE are an acronym for the National Real Estate Exchange, a corporation founded way back when to provide dial-up computer capabilities via a central mainframe datacenter to a network of commercial and investment brokers which numbered over 400 offices in 45 states and Canada during the middle and late 1970's. It was the predecessor to NREsystems.
In 1981, IBM introduced the PC and the computer revolution lunged forward full-steam. Everyone wanted their own computer even though there was hardly any software available in the early days. Remember 'VisiCalc' or 'Lotus 1-2-3'? Initial emphasis was on software to serve a single user on a single computer.
The race was on! Microsoft, Intel, Netscape and AOL, then Google, Bing, Yahoo, Facebook, Twitter, then Artificial Intelligence became household buzz words. ISP's, 56K dial-up, then DSL and Cable connections, scanners, huge hard drives, SSD's, WiFi, lightning-fast multi-core CPU's and a website on every corner, so to speak, brought a change much akin to the industrial revolution...but on a larger scale!
Well before the advent of the PC, NRE had developed the concept of, and software for, identifying potential multi-party transactions based upon pertinent information contained in a centralized data base. The Internet now provides the vehicle by which participants can take advantage of NRE's computer resources in real time and at virtually no incremental cost.
That's exactly right. MLS's (Multiple Listing Systems) have been around for a long time, but now there's another player on the block - NRE/IMS. The times, they be a changin'!
NRE's IMS is an active marketing system. An MLS is typically more of a passive listing system. NRE's IMS data bases contain information which enables the computer to structure complete transactions dynamically, and immediately determine if they are economically feasible. MLS data banks contain information which enables the computer to give back information on listings to users in response to their inquiries. Some MLS's have 'advanced' to the extent of even emailing prospective buyers to advertise potential properties that may be of interest to them.
Back in school you might remember having been exposed to permutations and combinations. Well, as an example, with 500 listings in the NRE Internet Marketing System, there are over SIX TRILLION possible ways to put them together in 2-way, 3-way, 4-way, and 5-way transactions! Think of it as a gigantic marketing session where every possible permutation is examined in the blink of a virtual eye to see if it will work. From a practical standpoint 2-way and 3-way transactions are most likely to go to closing, but the 4-way and 5-way transactions are exciting to see so they are still included in the structure routines, even though they have an extremely low level of closing probability in the real world.
Participation in NRE's Internet Marketing System (NRE/IMS) is available to licensed real estate brokerage offices, their brokers and agents who agree to a code of ethics designed to insure the highest standards of professionalism and integrity, and who subscribe as participating offices, brokers or agents.
You probably have everything you need right now - a desktop or laptop computer with internet access. That's it!
Initial and recurring charges are being waived for the first group of registrants. No listing submittal or technical support (via email or text or online knowledge base) fees, nor any commissions on closed transactions. NRE/IMS, for its hands-on assistance as a 'transaction broker' if requested, may earn a mutually-agreed-upon fee.
If you qualify, you can sign up online on our website NREIMS.com. Your office needs to be signed up first, and then its brokers and agents can sign up.
NRE acts as the 'control tower,' so to speak, when complex transactions need someone to coordinate a lot of activity by a number of people. The NRE computers, when transactions are structured, generate specific instructions for 'Agent-A' to expect a call from 'Agent-B' and to send information on 'Property-1' to 'Agent-C.' All of the information asked for is used only in the administration of the NRE/IMS system, and is not made available to anyone outside the system.
The NRE Internet Marketing System is available only through participating licensed real estate brokers and their agents. Please contact NRE for the names and addresses of participating brokers in your area, or instructions for using an ‘in-house’ NREsystems broker if no participating broker is located in your area.
If your broker is already signed up as a participating broker in the NRE Internet Marketing System, it is a simple process for that office to submit information on your property and get the initial marketing results instantly. If your broker is not signed up as a participating NRE/IMS broker, they probably ought to be!
As mentioned two questions earlier, access to the NRE Internet Marketing System is available only through participating licensed real estate brokers and their agents. Please contact NRE for the names and addresses of participating brokers in your area, or instructions for using an ‘in-house’ NREsystems broker if no participating broker is located in your area.
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Frequently Asked

Questions

tap on any question to display the answer…

Who is NRE?

Then what happened?

What about networking…and the Internet?

What is NRE’s Internet Marketing System?

IMS is acronym for Internet Marketing System?

Difference between NRE’s IMS and an MLS?

What makes NRE’s IMS so powerful?

Who can participate?

What computing equipment do I need?

What is the cost to participate?

How do I get started?

Why do you need such detailed information?

What if my property is not listed with a broker, and

I want it marketed in the NRE/IMS system?

What if my property IS listed with a broker, and I

want it marketed in the NRE/IMS system?

What if I’m a prospective buyer, and I want access

to properties in the NRE/IMS system?

© 2024 NREsystems - all rights reserved
The initials NRE are an acronym for the National Real Estate Exchange, a corporation founded way back when to provide dial-up computer capabilities into a central mainframe datacenter to a network of commercial and investment brokers which numbered over 425 offices in 45 states and Canada during the middle and late 1970's. It was the predecessor to NREsystems.
In 1981, IBM introduced the PC and the computer revolution lunged forward full-steam. Everyone wanted their own computer even though there was hardly any software available in the early days. Remember 'VisiCalc' or 'Lotus 1-2-3'? Initial emphasis was on software to serve a single user on a single computer.
The race was on! Microsoft, Intel, Netscape and AOL, then Google, Bing, Yahoo, Netflix, Facebook, Twitter, ‘X’ and artificial intelligence became household buzz words. ISP's, 56K dial-up, DSL and cable connections, scanners, huge hard drives, SSD's, WiFi, lightning-fast multi-core CPU's and a website on every corner, so to speak, brought a change much akin to the industrial revolution...but on even a larger scale!
Well before the advent of the PC, NRE had developed the concept of, and software for, identifying potential multi-party transactions based upon pertinent information contained in a centralized data base. The Internet now provides the vehicle by which participants can take advantage of NRE's computer resources in real time and at virtually no incremental cost.
That's exactly right. MLS's (Multiple Listing Systems) have been around for a long time, but now there's another player on the block - NRE/IMS. The times, they be a changin'!
NRE's IMS is an active marketing system. An MLS is typically more of a passive listing system. NRE's IMS data banks contain information which enables the computer to structure complete transactions dynamically, and immediately determine if they are economically feasible. MLS data banks contain information which enables the computer to give back information on listings to users in response to their inquiries. Some MLS's have “advanced” to the extent of even emailing or texting prospective buyers to advertise potential properties that may be of interest to them.
Back in school you might remember having been exposed to permutations and combinations. Well, as an example, with 500 listings in the NRE Internet Marketing System, there are over SIX TRILLION possible ways to put them together in 2-way, 3-way, 4-way, and 5-way transactions! Think of it as a gigantic marketing session where every possible combination is examined in the blink of a virtual eye to see if it will work. From a practical standpoint 2-way and 3-way transactions are most likely to go to closing, but the 4-way and 5-way transactions are exciting to see so they are still included in the structure routines, even though they have an extremely low level of closing probability in the real world.
Participation in NRE's Internet Marketing System (NRE/IMS) is available to licensed real estate brokerage offices and their agents who agree to a code of ethics designed to insure the highest standards of professionalism and integrity, and who subscribe as participating offices, brokers or agents.
You probably have everything you need right now - a desktop or laptop with internet access. That's it!
Note: Initial and recurring charges are being waived for the first group of registrants. Fees for charter subscribers will be very friendly - a one-time installation and setup fee, then a small monthly fee for each participating office, discounted for the first twelve months. No listing submittal or technical support (via email or text or online knowledge base) fees, nor any commissions on closed transactions. NRE/IMS, for its hands-on assistance as a 'transaction broker' if requested, may earn a mutually-agreed-upon fee.
If you qualify, you can sign up online on our website NREIMS.com. Your office needs to be signed up first, and then its agents can sign up.
NRE acts as the 'control tower,' so to speak, when complex transactions need someone to coordinate a lot of activity by a number of people. The NRE computers, when transactions are structured, generate specific instructions for 'Agent-A' to expect a call from 'Agent-B' and to send information on 'Property-1' to 'Agent-C.' All of the information asked for is used only in the administration of the NRE/IMS system, and is not made available to anyone outside the system.
The NRE Internet Marketing System is available only through participating licensed real estate brokers and their agents. Please contact NRE for the names and addresses of participating brokers in your area, or instructions for using an ‘in-house’ NREsystems broker if no participating broker is located in your area.
If your broker is already signed up as a participating broker in the NRE Internet Marketing System, it is a simple process for that office to submit information on your property and get the initial marketing results instantly. If your broker is not signed up as an NRE/IMS subscriber, they probably ought to be!
As mentioned two questions earlier, access to the NRE Internet Marketing System is available only through participating licensed real estate brokers and their agents. Please contact NRE for the names and addresses of participating brokers in your area, or instructions for using an ‘in-house’ NREsystems broker if no participating broker is located in your area.