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They could have, but I don't think the vision was there. Some Realtor associations built sometime similar at realtor.com eventually (and fairly rapidly), but I
by digikata 9y ago
They could have, but I don't think the vision was there. Some Realtor associations built sometime similar at realtor.com eventually (and fairly rapidly), but I think it only happened because RedFin led the way and is/was threatening to traditional realtor model.
Before that, even large realty firms had local offices each with individual databases, with possible multiple disjoint regional MLS databases. So I think in large part, the organization just wasn't there to merge it all into a single system.
- StillBored 9y agoWow how short people's memories are. e-reality (among others in ~2000) fought for the right to publish MLS listings on the internet (https://www.nar.realtor/legal-case-summaries/austin-board-of-realtors-v-e-realty-inc-court-dissolves-injunction-in-austin-board/e-realty-case https://www.nar.realtor/legal-case-summaries/austin-board-of...). This continued generally in favor of the MLS boards until the DOJ won big. https://www.justice.gov/atr/case-document/final-judgment-142 https://www.justice.gov/atr/case-document/final-judgment-142 Redfin, is one of the largest beneficiaries of the pile of defunct companies put out of business fighting the MLS organizations.
- digikata 9y agoI didn't forget, I never knew that. It's pretty interesting!