As the Department of Justice organizes an antitrust case against NAR and its MLSs for using CCP to prevent start-up listing companies, brokers are trying to find a path forward that will either keep CCP, or remove it.
While the MLS has evolved into a technology company over the last several decades, the leadership and governance structures of these independent entities have lingered in their REALTOR association roots.
This is a wake up call to MLSs and the vendors that consume IDX data. By mutual agreement, every MLS must adopt the new standard within one year of that standard passing. The fuse was lit and there are six months to get every MLS up to speed.
By Kevin Hawkins with Korey Hawkins | Vol. 2 Post 42 REAL AI is a human-created weekly roundup of all things related to artificial intelligence in real estate and emerging AI innovations in other sectors likely to impact our industry. We post a new edition every Friday, and our free newsletter is delivered every Monday. AI for a better home search The typical way almost all buyers search for a home online has remained the same since property listings appeared online. AI is about to turn search on its head. Over the decades, many attempts have been made to "reimagine" [...]
North Carolina Regional MLS is embodying a move to reflect a humility and recognition that we are all better when we work together. Their new name Hive MLS reflects the character and culture of their organization. They are a group that is driven by how they can consistently improve at serving the needs of their end users and the shareholder associations they partner with. Unlike some MLS brands, Hive MLS positions the company as a humble servant to the greater good and the success of the real estate professionals they serve.
By taking control of lead routing, you can assure the consumers that they get the service your brokerage delivers.
In every country without an MLS, the portals hold real estate professionals and consumers hostage for exorbitant advertising fees.
It could imply that certain decisions or changes could set a precedent or trigger a series of consequences that are difficult to control or reverse, potentially impacting the industry in a negative way.
By Kevin Hawkins with Korey Hawkins | Vol. 2 Post 41 REAL AI is a human-created weekly roundup of all things related to artificial intelligence in real estate and emerging AI innovations in other sectors likely to impact our industry. We post a new edition every Friday, and our free newsletter is delivered every Monday. Stranger Danger We sometimes are at once AI advocates and alarmists. For the real estate industry, that's a good thing. It's essential to showcase AI's enormous benefits to our industry as this is only the early days of widely adopted AI. Compared to nearly every [...]
The brokerage business is stuck in a lull right now. It is time to realize the many opportunities for additional revenue growth with your existing clients that lies just below the surface.
Clear Cooperation is a restatement of a policy that has always been fundamental to the MLS. It's the difference between the MLS and an advertisement.
Today, local Associations provide lockbox access only to their local members. Some provide 1-day access codes with an additional cost to those outside of their territory. Others flatly refuse to provide access to members of other associations or MLSs they deem competitive. In Louisiana, for example, there are three markets equidistant from one another. Two of the three have agreed to provide reciprocal access, yet refuse reciprocal access to the third.. This type of anti-competitive behavior is completely counter to earlier proposed agreements with the DOJ that required statewide lockbox access to all licensees.
