CMLS CEO wants MLSs to break down silos
Edgerton took over as CEO of CMLS in July, succeeding long-time leader Denee Evans
The new CEO of CMLS, Edgerton, is calling for Multiple Listing Services (MLSs) to break down their silos, which is a significant development for the real estate industry. As the leader of a key organization that represents many MLSs, Edgerton's comments suggest a desire to increase collaboration and data sharing across different MLSs. This could have implications for how real estate data is collected, shared, and used.
In the context of the real estate industry, MLSs have traditionally operated independently, with their own systems and data. However, as the industry becomes increasingly digital and data-driven, there is a growing need for greater interoperability and standardization. By breaking down silos, MLSs may be able to provide better services to their subscribers, improve the accuracy and completeness of real estate data, and enhance the overall efficiency of the industry.
For those in the paint and coatings industry, this development may seem tangential, but it has implications for how property data is collected and used. As the real estate industry becomes more efficient and data-driven, it may lead to changes in how properties are listed, marketed, and sold, which could in turn affect demand for paint and coatings. To watch next: how Edgerton's vision for MLSs takes shape, and whether it leads to greater collaboration and data sharing across the industry.
Originally reported by housingwire.com. PaintNews adds analysis for real estate & property readers.