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Do You Think MLSs Should Share Data?

Posted at Chapel Hill | Durham North Carolina Real Estate Blog by Team Jodi

Oct. 17, 2008

Tagged with: california, data exchange, data sharing, mls, north carolina, teamjodi

Inman News just posted an exciting article titled, "7 MLSs Agree to Share, Exchange Data." Essentially, seven multiple listing services in Northern California will share and exchange MLS data. This means that Realtors no longer have to join multiple MLSs if you want to list and sell property outside of your MLS. Now with one broad system, agents will be able to "access, download and display information from all of the other MLSs." Through this system, agents will be able to search for properties in the other MLSs, to enter listing information and to update and maintain this listing information.

I think this is a phenominal step by these 7 Northern California MLSs. I have always felt and argued that if you are licensed in a particular state then you should be able to represent buyers and sellers -- easily -- anywhere within the state.

I hope we start to see more and more of this across the country, and particularly in my State, North Carolina.

Anyone with a computer can see what is listed by the MLS anywhere in the country. Realtors can offer prospective buyers additional information about properties only in their own areas, but that insight is valuable.