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COST REDUCTION
- Single MLS fee for more comprehensive
data. Brokers will save each year
on fees, and will be able to choose the MLS that they wish to belong to
based on services and benefits offered.
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TIME SAVINGS
- Agents and brokers will only need to
search one database for ALL listings in a single area. Research and
reports for CMAs will be easier and faster to compile.
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EFFICIENCY
- A single entry database eliminating the
need of dual listing entry and dual listing maintenance. Reduce time spent
entering or retrieving data as well as error reduction by only having one
access point.
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CLIENT SERVICE
- Ability to provide clients -- buyers and
sellers -- with the widest possible search and most comprehensive
information through a single database. Real time, updated information
instead of consistent “partial listings” depending on the county or depth
of one MLS in a geographic area over another.
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BETTER DATA
- A Single Shared Database would provide a
clearer picture of the residential real estate market in Michigan. Why
miss a single listing? It could be the home your client is looking for.
Often sale prices, number of homes sold, and other data is skewed by the
media because they are relying on information from one source of data
rather than a combined source.
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COMPETITION
- Independently owned MLS offers choice
and competition where Agent and Broker service is of paramount importance.
Competition eliminates complacency and fosters innovation and better
service (i.e. Listingbook, Appointment Center, Educational Programs,
Computer Classes, Technology Adaptation, Advertising, Etc.)
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STANDARDIZATION
- All fields, forms, code numbers, etc.
could eventually be standardized providing further efficiencies and cost
savings for everyone. Effective immediately, however, we can offer a
Single Shared Database point of entry that will immediately simplify the
daily functions of all agents and broker administrative staff. This
eliminates the need for immediate standardization of all forms, etc
and provides a similar result.
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SECURITY
- Enhanced security. No need to share
passwords between the respective MLSs and other sensitive information that
could lead to breaches in security and contamination of the database.
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AUTONOMY - Each
MLS remains autonomous; however, it still
allows each REALTOR® Board/Association or MLS to maintain their individual
current level of ownership in any MLS of choice.
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LEADERSHIP -
Shows progressive
leadership.
Progressively expands on the patterns established by other MLSs across the
country (i.e. California, Illinois) in providing agent friendly solutions
to data sharing.
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FLEXIBILITY -
Provides BROKERS with the
ability to conveniently push their own data
to destinations of their choice. Members
of the system can add or edit MLS information in their system of choice
while also preserving the ability to use either system.
