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.