Illinois mortgage company hosts realtor websites to build relationships
From the "Center for Realtor Technology"
Matt Lavallee, PMP/Technology’s manager of Web services, says the VOWs he installs for his clients are "price point killers." Other companies license VOWs and charge anywhere from $3,600 to $11,000 per year to access Oracle databases holding listing information, but PMP’s service goes for $400 a year because it uses the MySQL database.
MySQL is good for the realtors and good for PMP because it costs less money on both sides. "It’s very fast and it’s been very solid," Lavallee says. "Another provider that went out of business in October had a $2.5 million Oracle back end. There is no way to recoup that cost doing individual sites. You’d have to capture every single [realtor] and keep them subscribed for five years just to pay it off."
Matt Lavallee, PMP/Technology’s manager of Web services, says the VOWs he installs for his clients are "price point killers." Other companies license VOWs and charge anywhere from $3,600 to $11,000 per year to access Oracle databases holding listing information, but PMP’s service goes for $400 a year because it uses the MySQL database.
MySQL is good for the realtors and good for PMP because it costs less money on both sides. "It’s very fast and it’s been very solid," Lavallee says. "Another provider that went out of business in October had a $2.5 million Oracle back end. There is no way to recoup that cost doing individual sites. You’d have to capture every single [realtor] and keep them subscribed for five years just to pay it off."
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