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Western Canadian Real Estate Boards Select Paragon as New MLS System

October 30 2014

JACKSONVILLE, FL, Oct. 29, 2014 – Together, the Real Estate Board of Greater Vancouver, the Fraser Valley Real Estate Board, and the REALTORS® Association of Edmonton have entered into an agreement with the MLS division of Black Knight Financial Services to replace their current MLS systems with Paragon during the summer of 2015. Paragon MLS features straightforward navigation and provides real estate agents with access to the information they need to help win new business and complete transactions.

"We are excited to enter into a new business relationship with Black Knight," said Brad Scott, CEO of the Real Estate Board of Greater Vancouver. "Our 11,500 members count on us to deliver exceptional service -- both now and in the future. After months of working with a team of members and staff to carefully consider our options, we concluded that the Paragon system provided the technology we needed."

Paragon MLS is a dynamic software platform that helps make it easy for real estate professionals to manage their businesses and collaborate with clients using PC or Mac platforms or on mobile devices. In addition to Paragon's device and browser flexibility, the Black Knight system was selected for its intuitive design, multi-tasking capabilities, ease-of-use, professionally branded comparative market analyses (CMAs) and Client Connect portal to enable real estate agents and their clients to collaborate by sharing access to the MLS system.

"While each collaborating board has unique business and system requirements, we work together in the interests of all our members," said Rob Philipp, CEO of the Fraser Valley Real Estate Board. "When the new systems are installed in 2015, we will achieve the financial and support benefits afforded a larger organization, yet retain the local controls so important to our individual associations."

"We are very impressed with how exceptionally well-prepared these three boards were to communicate their requirements and their vision, and are fortunate to have this group as our inaugural partner in the Canadian MLS market," said Black Knight MLS Managing Director Rich Lull. "We look forward to meeting and exceeding their MLS technology needs, and we congratulate the boards for their extremely effective collaboration, which resulted in a great solution for them and their members."

"In the end, we felt that the most important ingredient to long-term success would be the synergy created by the professionals in our organizations and those at Black Knight," said Ron Hutchinson, executive vice president of the REALTORS® Association of Edmonton. "We're collectively committed to providing our REALTORS® with an excellent MLS system."

For more information about these real estate boards, please contact Eileen Day, the Real Estate Board of Greater Vancouver's Director of Communication. To learn more about Paragon MLS or other market-leading MLS systems and public records data from Black Knight MLS Solutions, please contact Bob Morse at 650.863.4333.

About Real Estate Board of Greater Vancouver

The Real Estate Board of Greater Vancouver is an association representing more than 11,500 REALTORS® and their companies. The Board provides a variety of member services, including the Multiple Listing Service®. For more information on real estate, statistics, and buying or selling a home, contact a local REALTOR® or visit www.rebgv.org.

About Fraser Valley Board of Real Estate

The Fraser Valley Real Estate Board is an association of more than 2,700 real estate professionals who live and work in the BC communities of North Delta, Surrey, White Rock, Langley, Abbotsford, and Mission. The Board provides leadership and support to its members in their pursuit of professional excellence. Further information is available at www.fvreb.bc.ca.

About REALTOR® Association of Edmonton

The REALTORS® Association of Edmonton is a professional services association comprised of over 3,200 Brokers and Associates serving the greater Edmonton area. The strategic affairs of the Association are governed by a volunteer Board of Directors, comprised of working REALTORS® and administered by an Executive Officer and a staff of fifty.

The REALTORS® Association delivers professional education and advertises property listings on the MLS® System at REALTOR.ca and YEGisHome.ca, as well as in the Real Estate Weekly newspaper for the benefit of REALTORS® and their clients.

About Black Knight Financial Services, LLC

Black Knight Financial Services, a Fidelity National Financial (NYSE:FNF) company, is the mortgage and finance industries' leading provider of integrated technology, data and analytics solutions that facilitate and automate many of the business processes across the mortgage lifecycle.

Black Knight Financial Services is committed to being the premier business partner that lenders and servicers rely on to achieve their strategic goals, realize greater success and better serve their customers by delivering best-in-class technology, services and insight with a relentless commitment to excellence, innovation, integrity and leadership. For more information on Black Knight Financial Services, please visit www.bkfs.com.