BrokerageIndustry News

New MLS is retail only

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A New York City-based portal, RetailMLS.com, claims to be the first multiple listing service that's dedicated solely to retail properties. Founded by former New York City broker Ben Zises, RetailMLS.com is marketed to property managers, landlords, brokers and potential tenants. The service launched on May 1 and, as of Sept. 1, claimed 800 registered users and 2,000-plus listings in New York, New Jersey and Connecticut.Zises, the firm's CEO, estimates the site now has close to 60 percent of the retail listings in its tri-state area. A member of the Real Estate Board of New York, RetailMLS.com plans to expand into other large markets next year and is looking to go nationwide, he said. The service is free for users to list or search for properties. Searches can be saved and listings can include photos, a map, video, fliers and floor plans, while activity through the site can be tracked and saved. Some of these features are restricted to the service's enhanced membership option called &...