In fact, if the industry started over from scratch today, there is almost no chance we'd end up with 400+ MLSs each with their own management team, data structures and rules.
The value of the MLS is in the database and few want to subsidize the programs that we don't benefit from and neither do consumers. Cost absorbed by consumers can be measured in $ Billions to keep the current structure in place.
Due to CC, practitioners are required to give their valuable data to brokers and marketing intermediaries alike. Companies like Zillow and Realtor.com use this data to add billions in costs to consumers.
If these companies had to source their own data to draw in customers, their businesses would look quite different than they do today and this would likely benefit consumers more than being sold to agents with a 40% markup.
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