Welcome!




Expand Your Education with These Courses from
Business Creation - Prospecting: Skills for Sales Success: Part Three.
Effective Presentation Skills for Sales Professionals: Skills for Sales Success: Part Five.
Accredited Buyer's Representative.
Bundle 1: CIPS Core Course (US Version).
Bundle 2: CIPS Elective Courses (Non-US Version).

MLS 5.0 – Creating the MLS of the Future

Have a comment on this article? Share on Facebook!

Internet Strategies by Saul Klein, Part II

computer-web2RISMEDIA, May 26, 2009-It is not the intent of this column, nor is it possible, to answer every question about MLS 5.0; rather it is to begin the discussion and move to outcomes that will be beneficial to the stakeholders: consumers, agents, brokers, vendors, associations, MLSs, staffs and anyone interested in MLS. Question (which has been asked many times over the past 10 years, but never really answered): 

“If we were to build an MLS today, with the technology available and for the different generations of Realtors, home buyers and home sellers, what would we include and how would we go about the task?”

Answer: It would be parcel-based (best described as a “Property Wiki”) and built upon Web 2.0 concepts.

MLS 5.0 will leverage that information to bring consumers and real estate professionals together on the Web to participate in ongoing conversations with real estate at the center.

MLS 5.0 will have a public-facing side for consumers and for consumer-to-Realtor interaction, and a private side for the use of real estate professionals.

This is a far cry from where MLS is today, and this is the challenge. If we do not take up this challenge as an industry-to create the authoritative and trusted source of real property information on the Web-it will happen anyway. In fact, the battle has already begun.

In a follow-up article next month, we will provide some historical background about the MLS as well as take a closer look at MLS 5.0 and some of the key advances it could introduce.

What’s your opinion? Please write to thefutureofmls@point2.com.

Saul Klein is CEO of InternetCrusade and Point2 Technologies Inc.

For more information, visit www.point2agent.com.

Want instant access to great articles like this for your blog or newsletter? Check out our 30-day FREE trial of REsource Licensed Real Estate Content Solutions. Need easy stay-in-touch e-Marketing solutions too? Try Pop-a-Note for 99 cents!
Join RISMedia on Twitter and Facebook to connect with us and share your thoughts on this and other topics.




Copyright© 2014 RISMedia, The Leader in Real Estate Information Systems and Real Estate News. All Rights Reserved. This material may not be republished without permission from RISMedia.

Content on this website is copyrighted and may not be redistributed without express written permission from RISMedia. Access to RISMedia archives and thousands of articles like this, as well as consumer real estate videos, are available through RISMedia's REsource Licensed Content Solutions. Offering the industry’s most comprehensive and affordable content packages. Click here to learn more! http://resource.rismedia.com

Our Latest News >>