Moneywise Article Indicts National Real Estate Broker For Listing Fraud
I do not know why Associations and MLSs do not impune this broker’s conduct with sanctions that are in place for this egregious behavior.
Ahead of NAR Settlement Changes, San Diego MLS Partners With The MLS On Checkmate Compliance System
These systems are complex, allowing the MLS to configure playbooks for different types of violations on both images and imputed text.
Why are so many of our strongest Association Executives getting fired?
Today, it is more important than ever that the real estate industry nurtures and protects its best and brightest staff executives. We need people that are thoughtfully helping the industry navigate the uncertain waters we are swimming in right now. I have noticed an alarming trend, though, counter to this need. In the past year or so, many progressive Association Executive leaders have been dismissed without cause, advance notice, or well-documented justification. It seems as though as the market has gotten tougher the number of firings has increased. This alarming trend made me think about a few things that may be lacking in training and governance orchestration we may want to consider.
The 5 Reasons why North Carolina Regional MLS successfully continues its Southeast expansion
The latest Association addition to North Carolina Regional MLS moves the organization beyond the walls of their state and opens them up as one of the MLSs gaining traction in the formation of Southeast MLS collaborations. They are arguable one of, if not the fastest growing MLS in the country when measured by the addition of new Associations and moving beyond contiguous markets. When examining their meteoric expansion, I observed a few lessons that can be leveraged by other markets to deliver brokers the broader data access they are demanding. In my opinion there are five key reasons NCRMLS is successfully expanding to support its brokers and the agents and clients they serve:
Are you treating your MLS subscribers as the Customers they are?
MLSs mistakenly refer to their customers as members. They are NOT members. MLSs are not trade associations. They are technology companies. Have you ever heard Verizon, Apple or AT&T call their subscribers – “members”? Have you ever Starlink or Spectrum call their paid subscribers – “members”? These subscription-based technology companies think of every one of their paid subscribers as customers. They understand that every one of their customers has a choice to pay for their services or not so they continually focus on how to retain their customers
New MLS Trend: IntraMatrix Bringing Florida and California MLSs Together – Link Up
MLSs continue to focus on delivering services that matter most to their participants and subscribers.
Why are we not treating MLSs as the Technology Companies they are?
Approximately 75% of MLSs are owned by Associations today. With the history of being launched as a for profit arm of trade associations, MLSs naturally adopted the governance models and board make-up of their parent companies. Here’s why I believe that approach is no longer valid.
REsides is Second Privately Owned MLS to Opt Out of NAR Settlement
A second privately owned MLS has opted out of the NAR Anti-Trust Settlement stating that their rules were always more transparent than the standard NAR rules. A truly broker-centric, independent MLS, Resides.io MLS in Hilton Head, South Carolina is launching an inclusive concessions field and options for brokers to upload listing and buyers broker agreements. The organization is also building forms to make it easier for brokers to adapt to the new changes removing compensation as one of the center points of an MLS.
A New Era of MLS Mergers and Acquisitions Arrives
There is very little clarity today about the fast spreading news that Realtor Association shareholders of RE Colorado have given notice that they intend to sell their shares of the MLS to a private equity firm. The Realtor Associations want out of their investment, and it doesn't really matter why. To date no MLS has ever been sold to private equity investors. Some MLSs have been sold outright to fellow Associations and MLS, but to our knowledge, we never seen private equity enter this space until now. This could set off a wave of transactions if private equity starts to pay attention to the profitable business models of Multiple Listing Services.
MLSs Not Endeavoring to Protect Broker Listings are in Copyright Breach
Because the MLS licenses the data from the broker, they must uphold their side of the bargain.
Microsoft Bing Real Estate Portal in Violation of Copyright Infringement – MLSs Must Act Immediately
This may be a make or break moment for MLS.
Brokers and Tech Vendors Demand A Less Fragmented MLS Data Access System
The industry is moving in a positive direction to eliminate fractionalization of MLS data.