Hi res version of the map can be found here.
Kevin McQueen via Facebook:
“How many MLSs are there? (updated). I have been working with a number of reliable data source with a dream of having a reliable “source of truth” about active residential MLSs. This information is actionable and useful to the industry and this is long overdue. Thanks to RESO, RPR and others for helping us align definitions and counts – 677 is a reliable count this month. We can now identify key information about each one to enable every board of directors, association exec and brokers in each market to make informed decisions about what is best for their members and firms.
Facts and truth replace emotions and drama in decision-making. MLS is a business and we need this data to do it right. Brokers are counting on us.Here is one visual representation of MLSs by state, along with the number of Realtor users.
– 88 MLSs serve 80% of the Realtors.
– The other 20% have the power to change the MLS landscape by doing what is best for their members and brokers.
– 11 dark red states on the map don’t have a problem with too many MLSs.
– 311 of the MLSs are in just 10 states.
– 20 markets have a bad case of OMD (overlapping market disorder).
What about yours?
If you need more facts and truth to make better business decisions in your boardroom for your members, let us know at info@t3sixty.com“
Love this! Looking forward to sharing a conversation I had with Kevin on an upcoming episode of Listing Bits. We talked about his history in the industry, consolidation and about the map graphic above. Only thing I wished I’d asked was if he was related to Steve McQueen?