Fragmentation is key vulnerability for MLSs

Could a disruptive technology change the entire system?

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NEW YORK — Cameron Paine, CEO for the Connecticut Multiple Listing Service Inc., which consolidated several smaller MLSs in the state, said that continuing fragmentation across the MLS landscape opens the door to rapid and widespread change.

Brian Boero, a partner for real estate and technology consulting group 100watt Consulting, posed a question during a session at the Real Estate Connect conference in New York on whether there is a very real possibility that a disruptive technology or entity could tear apart the fabric of MLSs as they exist today.