BrokerageIndustry News

MLS exec says data sharing needs to evolve

Industry experts share thoughts on MLS collaboration

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NEW YORK -- Data sharing among multiple listing services is not a bad thing, but it may not be the best solution for all parties involved, said David Charron, president and CEO for the Washington, D.C., area Metropolitan Regional Information Systems Inc. MLS. The MLS data-sharing model may need some tweaking, Charron said during an MLS "Consolidation and Data Sharing" panel at the Real Estate Connect NYC conference on Thursday. "We've got 900 multiple listing services all doing essentially the same thing, so there's got to be greater efficiency," Charron said. "Data sharing, quite frankly, doesn't do anything to improve that efficiency." He also said, "It drives convenience, but it doesn't drive lower costs. It doesn't give the broker the information he or she needs to work multiple markets, at least as it's currently defined. I think the data-sharing model will evolve to begin to address some of those things." He also said, "The state of data sharing is such that it is a stepping ston...