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RISMEDIA, July 21, 2011—LPS Real Estate Group, a division of Lender Processing Services (LPS), announced recently that its MLS Portal was chosen by the Real Estate Board of New York (REBNY) to serve as the platform for its newly launched consumer-facing website, NY1Residential.com, a re-launch of REBNY’s existing New York City real estate listing website.

LPS Real Estate Group’s MLS Portal provides multiple listing services with a branded website that offers consumers direct access to comprehensive property listing content. This site includes an aerial-view map-searching feature with rooftop accuracy and parcel-line overlays. Additionally, search functions are tailored to regional and market specifications. The portal also enhances the listing information to include points of interest, school and neighborhood data, driving directions to each property and more. With the click of a button, viewers can generate real-time reports and snapshots of the real estate market in a selected area to analyze buying trends and compare property values.

More than 90 percent of consumers use the Internet as the first step in their real estate purchase. LPS’ MLS Portal provides that intermediate level between the national websites, where many consumers start their search, and the individual agent website, where consumers work one-on-one with an agent in their home-buying process.

Search for a home in New York City by visiting www.NY1Residential.com.

For more information about LPS, please visit www.lpsvcs.com.

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