BrokerageIndustry News

MLSs create obstacle to change

CEO of largest MLS calls for more data standardization, regionalization

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Multiple listing services stand in the way of change, and they owe it to their subscribers to push for data standardization and regionalization, said David Charron, president and CEO for Metropolitan Regional Information Systems Inc., the largest MLS in the nation. Charron, who delivered this message to an audience of MLS executives during a National Association of Realtors conference earlier this month in New Orleans, said that politics pose more of a stumbling block than technology in accomplishing this aim. The future direction of MLSs was a frequent topic of discussion during the trade group's annual conference, as an advisory group formed by association leadership presented a vision for an MLS of the future during the conference and the association's board of directors voted on MLS policy changes in response to federal antitrust actions and investigations. Several MLSs operating in major U.S. real estate markets are pursuing consolidations and regional data-sharing agreements tha...