BrokerageIndustry News

Connecticut real estate brokers push for statewide MLS

Future-Proof: Navigate Threats, Seize Opportunities at ICNY 2018 | Jan 22-26 at the Marriott Marquis, Times Square, New York

Editor's note: This is the second of a two-part series looking at efforts to make MLS property information more widely available across market boundaries. Read Part 1, "Breaking boundaries in real estate data-sharing systems." Earlier this year, a working group formed by the Connecticut Association of Realtors appointed a board of directors to create a statewide multiple listing service. There are 10 MLSs in the state, and all but one are run by local Realtor associations. If the statewide MLS effort succeeds, there will be a single data clearinghouse for MLS information in the state, so that all agents and brokers will have access to this statewide data rather than just local listing data, and won't have to join multiple MLSs. Connecticut is not alone in seeking to consolidate MLS data from several local MLSs; Realtor associations, brokers and MLSs also are wrestling with the issue in California. There are several existing examples of regional data-sharing agreements and statewide M...