Hybrid Regionalization – Right For Your MLS?

We all know there are too many MLSs in the US and over the years the real market areas have expanded forcing agents to belong to multiple MLSs in many areas.  This means more costs, data inefficiencies and often the need to learn and operate multiple MLS systems.  It isn’t good for brokers, agents or consumers so why hasn’t their been more consolidation of MLSs more quickly? The answer, of course, is protectionism.   Even though consolidation would be in everyone’s best interest there is still a local desire to maintain control and identity at the MLS level.  Brokers also worry [...]

Reticence of luxury and second home market to join regional MLSs

We are lucky enough to work with brokers and MLSs around the country.  It provides us with a unique perspective to notice trends that may not be readily apparent any other way. Here’s just one of the trends I have noticed in our work over the years.  While many parts of the country have been successful in joining together to create highly successful and productive regional MLSs, there is one weakness I have observed again and again.  Many times a luxury or second home market close to a larger metropolitan region will join the regional effort. I’m not going to [...]

By |2018-05-03T21:25:08-07:00March 23rd, 2012|Main category, MLS Insights|2 Comments