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Multiple Listing Services across the country are getting more comfortable with the idea of feeding lists to online real estate upstarts, with The New York Times reporting:
"The triple threat of a weak market, legal pressure and increasing competition has compelled real estate professionals to offer their information more freely online, putting cracks in a walled garden of data that stood strong while the industry enjoyed its breakaway growth. It also presages an end to the days when sellers must list their homes with a broker so buyers can see them."
The story mentions new efforts by Redfin and Zillow, including Redfin's new offering to post foreclosure and for-sale-by-owner properties next to MLS data.
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Posted by Mack McCoy at 5/12/08 11:23 a.m.
The New York Times did not note whether any New York MLSes or brokerages were feeding their listings ...