MLS usurping brokers' tech role

Realtor Notebook

The MLS can’t replace the broker, but our MLS is now providing some of the software and services that agents could get only through large brokerages or on their own.

For example, our MLS now has real estate contracts built in and the fields are populated with data from the MLS. Instead of relying on a brokerage for contract forms or using the electronic forms that we used to have to buy yearly subscriptions to, forms are now a part of our MLS fee. Electronic forms are not all that expensive, but they do cost money.