BrokerageIndustry News

Three Wisconsin MLSs announce data-sharing system

Other MLSs in the state will be invited to join next year

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Three of the largest multiple listing services in Wisconsin announced a real estate data-aggregation plan that will allow most brokers in the state to share their property listings information with other participants and display property listings information from other participants on their own Web sites. The Wisconsin Real Estate Exchange, dubbed WIREX, is a major step toward a statewide data-sharing system -- WIREX participants will invite the other nine MLSs operating in Wisconsin to join the system early next year, according to Kevin McQueen, a real estate consultant hired to assist the effort. WIREX is one in a series of MLS data-sharing efforts that have been announced in the past year. Several Realtor associations and MLSs in other states have also taken steps to aggregate MLS data. The California Association of Realtors is studying the potential for creating a statewide MLS database or statewide MLS, for example. Members of the planned WIREX system, which is expected to launch ...