Thursday, June 15, 2006

What's Next for The MLS?

The National Association of Realtors has a lengthy article about the Multiple Listing Service (MLS) issue:
If there i’s one consensus among almost everyone interviewed for this article, it'’s the need for the nearly 900 MLSs nationwide to consolidate further. Although more than 100 regional and statewide MLSs already exist, the 2006 MLS Technology Survey conducted by the Center for REALTOR® Technology found that 55 percent of REALTORs® surveyed would like to see more regional or statewide MLSs and 47 percent of the MLSs surveyed had discussed consolidation. The disagreement comes in the degree.
Read it. What do you think?


  1. The link needs help or their web server stinks.

  2. the second link was incorrect. Thanks. Fixed.

  3. I am sitting in my living room, and my landlord just came through to check the house out since I will be moving in a month. He is scared because he can't sell the house, and now he will attempt to rent it at his cost. The problem is that his cost is based is on an option arm. I hate to see good people get screwed by the the bubble monster, but I am so glad that I got out when I did. Hope you all are in good shape.

  4. Whatever the outcome, it will be another fraud foisted upon the general public. Would you expect anything less from NAR?

  5. "">

    You mean the manipulative listing system!


    I wouldn't trust a blogger to talk about MLS -- something vital in this new real estate paradigm. Again you have to deal with limited land supply, rising rents, lowered self-esteem of those who don't buy, and a federal government spending a lot of money in DC before you can seriously ever begin to think the RE prices might drop here -- never have, and never will.


  8. Here you go Lance - But I bet you don't trust him either:


    More data. Good stuff.

  10. i think that to consolidate even further, seems like it would cause more confusion and chaos in the long run, after reading that article..

    they do have reasons to consolidate, but i think we'll be waiting around for a long time before that even occurs.

  11. In USA, MLS's are doing a good deal of work. Most of the people are resorting to MLS listing. And to the major advantage of the busy masses, most of the MLS's can be operated from home or work- online. They payment scheme has also been modified to make it comfortable for the people. What other innovations can you suggest?

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