Benefits of a national MLS

After a committee met earlier this year to discuss the development of a national MLS talks have again heated up. With the unveiling of websites offering consumers an opportunity to view MLS listings brokers now favor the idea of a national or consolidated MLS system. A national MLS would allow brokers to cost-effectively expand their market area and assume increased control over the use and further marketing of sales data.

For the benefit of its consumers a new MLS could include the data of more than just homes "listed" with an agent, incorporating For Sale By Owner (FSBO) homes, foreclosures, rentals, etc. This would increase the benefit of flat fee MLS brokers that offer services on an a la carte basis. Services would be paid for and provided on a need basis rather than signing with a full service agent that provides unneeded services for 5-6 percent.  

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