Industry News

Support grows for MLS consolidation

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Support is growing for large-scale multiple listing service consolidation, according to a survey conducted by the National Association of Realtors' Center for Realtor Technology. About 34 percent of association members stated in survey responses that the ideal size for a consolidated MLS is statewide -- it was the top choice among responses for that question. But most respondents who are affiliated with an MLS stated the ideal size for an MLS is by market area or metropolitan area. About 53 percent of MLS-affiliated respondents favored the status quo, according to the 2007 MLS Technology Survey, while about 19 percent of these respondents said they consider a statewide MLS to be the ideal size for a consolidated MLS. About 12 percent of non-MLS-affiliated respondents said they consider a national MLS to be the ideal size for a consolidated MLS. By comparison, a similar survey last year found that 31 percent of members favored a statewide MLS, and identified "MLS reinvention" among the ...