Industry News

MLS exec sees change full speed ahead

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Cameron Paine is CEO of Connecticut Statewide Multiple Listing Service, a broker-controlled MLS with about 13,000 members. The MLS, which began operating in February 2007, has made news this year with the launch of CTreal.com, a public property-search site that features about 31,000 property listings. Paine has been at the forefront of current MLS issues, including data consolidation and public-facing Web sites. He will speak at Real Estate Connect in San Francisco, July 23-25, 2008. Paine answered a set of questions posed by Inman News: What do you see happening in the real estate market in 2008? From the MLS perspective, a tough real estate market will continue to add pressure towards consolidation efforts. More and more Realtors will question why they are supporting multiple MLS infrastructures, staffs, etc., through their fees. Current efforts at data sharing are good first steps, but to be truly effective and efficient the massive expenses underpinning MLS data-sharing...