Where Real Estate Gets Its Dirt

“NAR’s Goldberg kills AMP…”

NAR’s Goldberg Kills Amp and Powers Up Upstream

We’re starting to see the impact of a new leadership team at the National Association of REALTORS® led by Bob Goldberg, a strategic, yet practical leader that is SERIOUS about making the industry function more effectively. He also seems to be critically evaluating every investment in technology and making some bold moves to re-focus efforts.

NAR announced yesterday that is shutting down development on its Advanced Multilist Platform, or AMP. AMP was under development for a few years at a burn rate of $6 Million per year. The concept behind AMP was solid – consolidate MLS data into a single data repository and allow developers of systems like Matrix, FlexMLS, Paragon, Stratus, Rapattoni, Navica and others focus on the front-end software development.”

Victor does a good job in this post summarizing, at a very high level, what’s going on with all the initiatives and his thoughts on AMP. I don’t agree with some of his assumptions (especially the Upstream propaganda toward the end) but its a good overview.

LIBOR and HGAR talk consolidation

HGAR, LIBOR in Talks to Create Regional MLS

“The leaderships of the Hudson Gateway Association of Realtors and the Long Island Board of Realtors, the two largest Realtor organizations in New York State, announced on Feb. 1 that the two Realtor groups are in negotiations to create a regional multiple listing service that would service approximately 36,000 subscribers.”

36,000 is huge. That puts them in the top 5.

“MLSLI is a wholly owned subsidiary of the Long Island Board of Realtors, Inc. of West Babylon. LIBOR is a not-for-profit trade association consisting of 25,000 real estate professionals working in Nassau, Suffolk, Queens and Brooklyn. —

HGAR is a not-for-profit trade association consisting of approximately 11,000 real estate professionals doing business in Westchester, Putnam, Rockland and Orange counties, as well as the Bronx and Manhattan.

One of the other things that strike me is how diverse their membership will be. I wonder what the naming might look like. Empire State MLS? Greater New York MLS? HGAR, LIBOR

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