At launch in December 2012, the Spark Store will be available to over 250,000 brokers and agents in 120 MLS organizations, providing software developers simplified sales and marketing to one of the largest real estate software markets in the world.
On at least a monthly basis, the Store pays developers 70% of the revenue from sale of their products through the Store, net of credit card transaction fees (approximately 3%). The 30% retained by the Store will be shared between the MLS and FBS, providing the MLS with a source of non-dues revenue.
Agents and brokers who purchase your applications can review and rate them to allow the best applications to gain more attention. Searching for applications is aided by sorting and popular categories. Application purchases are streamlined to just a few clicks and allow the developer to use a wide variety of pricing options. The Store handles all the credit card transaction processing, including subscription renewals, through the PCI-compliant Braintree payment processing service. The Store provides detailed sales reports to the Developer, including details regarding credit card processing attempts, renewal failures, and more.