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The change of MLS's in the future

By
Real Estate Agent with Sterling Homes Inc.

I would like to know if anyone has a good idea or thoughts as to why smaller neighboring MLS continue to exist?

I ask this question with the idea that with the Internet  still growing, and as the borders between the MLS'S continue to overlap, how the smaller MLS board membership directors still think that they are doing a service to the buyers and sellers. Why wouldn't they merge? I think the smaller boards are doing a disservice to the public by trying to hold out for their perceived influence or do they think they may lose that local influence. Are they being short sighted or is it really more than mere resistance.

Isn't the service of gathering the listings of agents the basic idea behind the MLS' existence. 

Is it like our politicians, you know they prefer to be big fish in a little pond rather than little fish in a big pond. Is it a monopoly? yes yes i know anyone can join the others board but does it really happen considering most agents sell just a few homes every year and their budget doesn't allow joining both? does the client of the smaller board member get as good a service as the larger one? or for that matter does the agent get as good a service from the board that they cannot control or have  imput into by virtue of the old hold outs, (who just happen to be in power)? Do you think the smaller boards will go by the way of the dodo bird? Would you call them a dinosaur? Some agents cannot belong to both and because of this aspect, do you think it could be a restraint of trade issue? 

I think it is no different and not unlike a how a discount service broker can't be eliminated by virtue of the lack of service (they provide  a flat rate- low or no service inclusion in the MLS listing) which is restraint of trade is it not?

Is it ethical for them to resist or do nothing? What do you think?

David L. Britt
Platinum Realty, LLC - Olathe, KS
MBA

Tom, this is why Trulia, Google and others have moved into this area.  I agree, MLS boards should consider a merge, but it's politics.  No one wants to give up their position!

Jul 07, 2007 02:57 PM
Christopher Pike, 803.727.7800
Keller Williams® Realty - Columbia, SC
Good point!
Jul 07, 2007 03:11 PM
Tom Garrett
Sterling Homes Inc. - Saratoga Springs, NY
thanks dave.....we have to take ethics training, do the smaller soon to be extinct boards?
Jul 09, 2007 12:09 PM
Tom Garrett
Sterling Homes Inc. - Saratoga Springs, NY
our mls just did a survey of the members asking if we agree if there should be a regional of statewide mls...funny how some things turn out
Aug 22, 2007 01:07 PM
Anonymous
Peggy

Tom,

Here in Washington, our MLS is really big. Covering many, many counties and DC,MD, Delaware, VA and PA.  It's great for Realtors who work and are licensed in the Tri-State Area.

That said though, if you haven't seen this new type of MLS site that has emerge  on the radar screen here, you might find it interesting.

 A Realtor using new technologies, has created a  new cutting edge WIKI MLS search engine in the Washington DC Area. I can tell you this it makes it easier to be a Realtor in these challenging times. Especially when you use the Gallery & Detail Search ( grey section at the top),you can blitz through homes so fast! Also the spreadsheet helps you see how the home is Priced Quickly. Take a look

http://franklymls.com

Here's his BLOG Post on how he started this:

http://blog.franklyrealty.com/2008/04/wiki-mls.html

 

Jul 28, 2008 10:25 PM
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