I just read an article about 5 agents from different companies forming a "cooperative". This appears to be an agreement outside the parameters of their MLS or board.  Each still operates in their own company umbrella, but the article says they'll exchange information and ideas.

So how does this affect their companies? Is it just a small MLS? Do they exchange information that is not available to other agents? Do they keep information from their already existing relationships?

Is the future of real estate smaller "cooperatives" rather than all inclusive MLSs? What about all the necessary data that in part gives a good professional their edge? Is the cooperative exclusive to the point of no otehr members?

Maybe their formalization of the cooperative is what is most innovative. In my town there are many licensees. However, there are far less licensees that actually list and sell real estate often.

Here's a link to the article: http://bit.ly/3s7t6d

Just food for thought...

Happy selling and listing.

 

Heath Coker, Owner of Cape Group Real Estate
www.CapeGroup.com / capegroup@capegroup.com
508-548-8888  Licensed in MA
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1 Comments on 5 Agents form a NEW Cooperative

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I don't think this is anything new.

There hve been groups of agents who work closely with each other all the time.

They're just doing it in a different, more publicized format apparently.

10:58am • #1

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Heath Coker, Real Estate Broker

Falmouth, MA

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