Friday, October 1, 2010

What Do Brokers Want from Their MLS

From Clariety Consulting Live Presentation at the CMLS (They interviewed the top 900 brokerage firms in the USA)

MLS Consumer facing website- pretty much even split
Sold data on consumer facing website- 78% of the nation's brokers are opposed to it
60% do not want sold data to be available in IDX for brokers' websites
Are they in favor of MLS listing syndication 53% support
Broker rating of MLS's who syndicate -80% believe MLS's are doing a good job at syndication
42% of brokers support the RPR initiative 26% undecided with 42% against- again a pretty even split
Data licensing to Move.com who would display off market data- 52% oppose
How satisfied are you with RETS -- 40% satisfied
Dot.MLS are you in favor of this initiative- 80% opposed
Are you satisfied with the current pace of MLS consolidations 51% yes 49% no

How many MLS's would you like to see five years from now:
1- 15%
Several Multi-state MLS's 32%
Adjoining MSA MLS's 18%
A few hundred 20%
The current number we have now 14%
86% want some MLS consolidation

If you had a chance to tell your MLS CEO what you wanted what would you say:
( he stated there were a lot but he only read the top ones- see below)
Rename the MLS
Do not get trapped by NAR into a long term deal with no revenue
NAR needs to strongly urge MLS consolidation
I dislike that my brokerage charges $6000 annually for an IDX feed (not a typo- $6000!)

What would you like to tell me? The leadership and the staff are listening- feel free to comment here on this forum

No comments: