Cameron Paine calls bullshit…
Don’t believe the hype: There is no ‘national MLS’
“If we accept that the role of the MLS is to facilitate a collaborative marketplace of timely, accurate, comprehensive and transparent listing data, how can an MLS legitimately claim to be “national” if it lacks both accuracy (i.e., significant gaps in listing coverage) and comprehensiveness, (i.e., no national listing coverage)?
Maintaining a high level of data quality and interconnectivity plays a critical role in both data compliance and the contextual placement of listings within the marketplace. The ability of the MLS to understand local market trends and generate accurate market insights, CMAs and statistical data is what makes it far more valuable than a simple ad on a marketing platform. “
Louder, so the people in the back can hear!
We agree with Cameron. Local knowledge, local data, local insight, those are value propositions the Realtors talk about all the time. When they already have every option locally, it makes absolutely no sense for a local Realtor to list a property out of state. None.