Hoarding MLS Data May [Will] Soon Be A Thing of the Past.
May 12th, 2008 Categories: Hot Local Topics
Loving transparent (i.e., bare naked) real estate as I do, the link that arrived early this morning (via my Twitter) to a New York Times article about ‘real estate lists growing comfortable with the web’ was like a big swirl of freshly whipped cream on my strong, hot… coffee.
“The trend revolves around the nation’s roughly 900 multiple listing services, or M.L.S.’s, where local brokers post information about homes they are selling. In years past, these services were highly restrictive about where and how that information could be distributed — for instance, frequently not permitting Web sites to display M.L.S. listings alongside for-sale-by-owner homes, bank foreclosures or other properties not represented by real estate agents.”
Read the entire article here.
Read my previous comment about this controversial subject: Let Loose of the Real Estate Data.
Given my passion for transparency in real estate, and maybe an ‘outside the box’ sense of humor, this is the perfect opportunity to post this photo of one of the funniest ‘real estate signs’ I have ever seen. “For Sale By Owners” (or ‘fizbos’ behind-the-scenes) in many instances end up being our biggest fans.
In the meantime, give the public what they want. All pertinent data, including ALL days on market!
What do you think?
Got questions? I’ll answer them.
Susie,
I don;t know if you’ve ever read anything about real estate in New York City but they don;t have a multiple listing service (or at least they didn’t the last time I heard) - each agent/broker is the sole source of information and, as you can imagine, it makes for a cutthroat atmosphere. I’m with you, the more information in more places, the better. It helps ALL of us do a better job for our clients.
We love your part of the world.
Michael