WASHINGTON, August 02, 2007 -
Data sharing, security and consolidation of multiple listing services are top concerns for Realtors® and MLS executives, according to the 2007 REALTOR® MLS Technology Survey. The survey describes MLS trends and technology practices and was released today by the National Association of Realtors® Center for REALTOR® Technology.
The fifth annual survey showed strong interest in expanding MLS service territories, with nearly one-third of respondents favoring a statewide MLS, up from 19 percent last year. Twenty-seven percent said that a market area or metro statistical area would be ideal, while 21 percent preferred a larger market region within the state.
MLS service regions commonly expand through consolidations, which the survey also shows are on the rise. Thirty percent of those surveyed said their MLS has already consolidated with one or more MLS, up from 15 percent last year, and another 38 percent are considering consolidation.
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