BrokerageIndustry News

Breaking boundaries in real estate data-sharing systems

California Realtors pursue broader property-information sharing across markets

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Editor's note: This is Part 1 of a two-part series looking at efforts to make MLS property information more widely available across market boundaries. Part 1 focuses on efforts within California, and Part 2 focuses on efforts in other states and regions. Read Part 2, "Connecticut real estate brokers push for statewide MLS." Change is coming throughout the vast and varied landscape of real estate databases in California. And the race is on to find a better way to share property information while meeting the demands of Realtor politics, multiple listing service fiefdoms and industry power brokers. The outcome will be watched and weighed carefully by Realtor trade groups, MLSs and brokerages across the nation. California is home to about 180,000 Realtors, or 14 percent of all Realtors in the United States, and the state has a reputation for spawning Internet innovations that revolutionized many industries. In this case, technology is not the problem. Real estate brokers and agents in Ca...