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7 MLSs agree to share, exchange data

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Seven Northern California multiple listing services are joining forces to establish a data sharing and exchange system for their 70,000 members that will eliminate the need to join several MLSs within the network. The agreement will allow a broker member of any one of the MLSs to access, download and display information from all of the other MLSs. The new sharing and exchange system is expected to be completed within the first quarter of 2009. Tricia Thomas, CEO for the Bay East Association of Realtors, said new system will allow MLS members to search within all of the participating MLSs for property information, to enter listing information for a property at the most appropriate MLS, and to update and maintain that listing information. The arrangement will eliminate the need to enter duplicate information about a property in multiple MLSs. Thomas said there are a lot of agents who work in many MLS areas in the region, so the new arrangement makes sense for members. And whil...