MARIS Introduces Broker Profit Sharing
St. Louis, Missouri, March 4, 2025 - Mid-America Regional Information Systems, Inc. (MARIS) proudly announces the first tiered, metered data feed offered by an MLS that is coupled directly to Broker Profit Sharing. In 2025, every broker of MARIS that uploads an active listing and closes it successfully in the MARIS MLS will receive their percentage of the total revenue derived from MARIS data feeds.
“Data is at the heart of every real estate transaction,” said Chad Wilson, MARIS Chairman and head of The Chad Wilson Group at Keller Williams Realty West. “Our tiered, metered feed is recognition that timely, accurate, and comprehensive real estate data has value – and that the value should accrue to the benefit of the brokers adding their listing data to the MLS.”
The metered portion of the MARIS feed measures how many times per month data requests hit the API, establishing a volume-based measurement. The tiered portion of the feed establishes the fee per API hit at levels based on user class and type of data feed requested.
The tiered system incentivizes broker input of listing data by ensuring those who are adding the most value pay little or nothing for their data feed. The fee schedule below details the tiers based on our 2024 calculated average of 10,000 API hits per month:
Vendors have been defined as any company selling technology and/or data services reliant on the MARIS data feed. Vendor feeds have been defined as data being delivered by MARIS to any company delivering feed-dependent technologies and/or services to brokers and agent subscribers to MARIS. In the event a vendor can demonstrate their data feed is solely used on behalf of a single brokerage, MARIS has calculated their feed at the “Direct to Broker” rate.
“No MLS should be deciding whether or not a licensed real estate broker deserves a data feed” said Cameron Paine, President & CEO of MARIS. “Whether they are a broker Participant of the MARIS and how much data they use are what we should be focused on. Most people don’t realize that national listing information can be bought pretty easily from various data brokers (both authorized and not). With the notable exception of programs like REdistribute and Core Logic’s Partner InfoNet, MLS data is bought and sold on the gray market on a daily basis. The only ones not benefitting from the sale of property data are the listing broker and the MLS.”
“In December of 2025,” he continued, “every MARIS broker that entered an active listing and closed the transaction in our MLS will receive a check for their percentage of the total revenue earned from these data feeds. We hope that several brokerages will be receiving checks in the multiple tens of thousands of dollars.”
“Tiered, metered feeds are all about fairness” said Dennis Norman, Broker at MORE, REALTORS®. “I may not be the largest broker in town, so my profit share will be a lot less than a big brokerage, but knowing that I’ll get a check for every active listing I close in MARIS? That matters.” He added, “Especially in an environment where private or office-exclusive listings seem to be such a big deal, for an MLS to incentivize bringing data in rather than by pure enforcement seems like a smart change.”.
About MARIS
Headquartered in St. Louis, MO, MARIS is the 23rd largest MLS in the country with more than 15,000 subscribers covering 67 counties across Missouri and Illinois. MARIS is owned by 14 shareholder Associations. For more information about MARIS, please visit marismls.com or call 314-984-9111.